Sports Goods Manufacturing in Latvia - Market Research Report (2014-2029)

The sporting goods manufacturing industry has benefitted from rising health consciousness over the past decade, which spurred an uptick in sports participation, driving demand. However, inflationary pressures plagued the industry in the aftermath of the COVID-19 outbreak, resulting in people cutting discretionary spending. Revenue is expected to sink at a compound annual rate of 5% over the five years through 2024 to €9.3 billion, including an estimated dip of 2.4% in 2024.

在过去十年间，体育用品制造业得益于健康意识的提升，这一趋势促进了体育参与度的增加，进而推动了市场需求。然而，COVID-19疫情爆发之后，通货膨胀压力困扰着该行业，导致人们削减了非必要支出。预计在未来五年（至2024年）内，营业收入将以5%的复合年增长率下降，至93亿欧元，其中包括2024年预计的2.4%的下滑。