The Sporting Equipments, Swimming, and Paddling Pools Market in Canada experienced a decline in per capita value from $48.75 in 2013 to $42.78 in 2023. The period from 2013 to 2020 showed a downward trend, with a noticeable dip in 2020 at $41.38. Recovery efforts began in 2021, reaching $43.3, but slight declines continued through 2023. Year-on-year variations over the last two years show a decreasing trend by approximately 0.58%. The Compound Annual Growth Rate (CAGR) over the past five years is approximately -0.67%.
Future trends to watch for:
- Increasing consumer demand for eco-friendly and sustainable sporting goods.
- Potential growth in indoor swimming facilities post-pandemic.
- Technological advancements in sports equipment offering enhanced performance.
