The sold production of sporting goods in Austria has experienced fluctuations over the past years. From 2013 to 2018, the value saw a steady increase, peaking at 520.1 million Euros in 2018. However, there was a significant decline in 2019 and 2020. The most dramatic drop occurred in 2021 with a 66.13% year-on-year decrease, from which the market has been slowly recovering.
In 2023, the value was 143.29 million Euros. Over the last two years, the sector saw moderate growth, with 2022 and 2023 exhibiting an increase of 3.9% and 2.77% respectively. The average annual growth rate from 2024 to 2028 is forecasted at 1.95%.
Future trends to watch include the potential impact of technological advancements in sporting goods manufacturing and the increasing customer demand for sustainable and eco-friendly products. Attention should also be paid to potential disruptions in the supply chain that could affect production volumes and market recovery.
