The market for tracksuits, ski suits, and swimwear in Austria showed fluctuations over the past decade. From 2013 to 2023, it grew from 53.851 million Euros to 88.588 million Euros, exhibiting various trends driven by changing consumer preferences, economic conditions, and seasonal factors. Notably, the market saw significant growth in 2015 (22.67%) and minor declines or stagnation in certain years, such as 2017 and 2020.
For the last two years, the market grew moderately, with year-on-year variations recorded at 3.07% in 2022 and 2.95% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 1.58%, indicating gradual but steady growth.
Looking forward to 2024 and beyond, the forecast indicates continued growth at a CAGR of 2.06% through 2028, expecting the market to reach 100.89 million Euros with an estimated growth rate of 10.75% over this period.
Future trends to watch for include:
- Consumer interest in sustainable and eco-friendly athletic wear.
- Technological advancements in fabric and clothing design.
- Seasonal and climate changes influencing demand for specific product categories.
