From 2013 to 2023, Finland's market size for water-skis, surf-boards, and watersport equipment increased from $2.07 to $2.88 per capita. The last two years showed noticeable growth, with 2022 witnessing a 2.55% increase in value, followed by a growth of 2.13% in 2023. The compounded annual growth rate (CAGR) from 2019 to 2023 stands at approximately 2.41%. The 2023 value per capita was $2.88, reflecting steady consumer interest in watersports.
Future trends to watch for include the potential impacts of climate change on watersports activity, innovations in eco-friendly equipment, and evolving consumer preferences influenced by emerging leisure and wellness trends influencing this niche market's growth.
