The turnover in the Manufacture of Sports Goods sector in Germany is projected to increase steadily from 2024 to 2028, starting at 1.21 billion Euros in 2024 and reaching 1.29 billion Euros in 2028. This represents a year-on-year growth rate of approximately 1.65%.
As of 2023, the turnover stood at an estimated 1.19 billion Euros. Extrapolating from the data, the Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 1.6%.
Future trends to watch for in this sector include increased demand for premium and technologically advanced sports goods, the influence of digitalization on consumer purchasing behaviors, and potential impacts from evolving environmental regulations.
