The production in the renting and leasing of recreational and sports goods sector in Italy is forecasted to grow steadily from 2024 to 2028, starting at 545.7 million Euros in 2024 and reaching 662.2 million Euros by 2028. This suggests a consistent positive growth trajectory. In 2023, the production value stood at 517.5 million Euros, indicating an impressive year-on-year growth rate in 2024. The sector experiences a Compound Annual Growth Rate (CAGR) of approximately 5-6% over the forecast period, highlighting robust expansion.
Future trends to watch for include:
- Increasing demand for sustainable and eco-friendly recreational equipment.
- Growth of digital platforms facilitating rental services.
- Rising consumer interest in outdoor and fitness activities.
- Potential impacts of economic fluctuations on discretionary leisure spending.
