European Sporting Goods Trends in 2024
Sporting Goods is part of Consumer Goods and includes a number of sub-sectors such as Bicycle, Tennis Equipment, Fishing Equipment and Golf Equipment. You may also be interested in Footwear, Toy And Game and Musical Instrument.
The European sporting goods market is projected to grow, reaching approximately €8.8 billion by 2028 from around €8 billion in 2023. This represents an average annual growth rate of 1.6%. Since 2019, the market has seen an average yearly increase of 2.5%. Italy leads the European sporting goods sales, accounting for €1.6 billion in 2023. Following Italy, Austria, Germany, and France occupy the second, third, and fourth positions, respectively. Notably, Iceland has experienced a significant surge in this sector, with an 18.9% year-on-year increase. In contrast, Greece has faced a decline, with sales dropping by 2.7% annually since 2019.
Top 10 countries
In 2024 major markets in the Sporting Goods Industry were:
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- Sporting Goods Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Sporting Goods Export 184 countries (Asia, Latin America, Africa...)
- Bicycle Import 193 countries (Africa, Sub-Saharan Africa, Latin America...)
- Bicycle Export 181 countries (Europe, Asia, Africa...)
- Enterprise Survival Rate 48 countries (Europe, Northern Europe, Eastern Europe...)
- Tennis Goods Import 192 countries (Europe, Southern Europe, Africa...)
- Online Penetration For Clothing 52 countries (Europe, Northern Europe, Southern Europe...)
- Educational Attainment 85 countries (Europe, Northern Europe, Western Europe...)
- Online Shopping Penetration 59 countries (Europe, Northern Europe, Southern Europe...)
- Tennis Goods Export 131 countries (Europe, Southern Europe, Eastern Europe...)