From the data provided, it’s observed that market values have experienced some fluctuations. A steep decline was noted in 2017 (-11.67%), followed by a recovery phase with minor year-on-year variations. For 2022, the year-on-year variation was -0.35%, similar to forecasted values for 2023. The Compound Annual Growth Rate (CAGR) over the last five years (for data ending in 2023) is -0.29%. Future projections indicate a continued slight decline, reaching a market size value of 158.41 million USD by 2028.
Trends to monitor include shifting consumer preferences towards multifunctional or sustainable sporting equipment and pools, as well as technological integrations within the market. Additionally, health and wellness trends may drive demand for specific types of sporting goods and pool-related products.
