The turnover in the manufacture of sports goods sector in Sweden is forecasted to decline steadily over the next five years. Starting from 971.3 million SEK in 2024, it is expected to decrease to 892.1 million SEK by 2028. Comparing this with the actual turnover of 991.4 million SEK in 2023, we see a clear downward trend.
When observing year-on-year variations, there's a consistent decrease:- 2024 to 2025: -2.1%- 2025 to 2026: -2.1%- 2026 to 2027: -2.1%- 2027 to 2028: -2.1%
The five-year CAGR from 2023 to 2028 indicates an average annual decrease of approximately -2.1%.
Future trends to watch for include potential shifts in consumer preferences towards eco-friendly sports goods, advancements in technology impacting manufacturing processes, and macroeconomic factors such as inflation and disposable income affecting spending on sports equipment.
