2024 Outdoor Participation Trends Report. Outdoor companies expect 2024 to look similar to 2023, which means dealing with inventory challenges and macroeconomic pressures, including inflation, at least for the beginning. It will grow from $1.16 billion in 2023 to $1.25 billion in 2024 at a compound annual growth rate.
The annual report examines demographics of the outdoor participant — defined as someone who. Outdoor companies expect 2024 to look similar to 2023, which means dealing with inventory challenges and macroeconomic pressures, including inflation, at least for the beginning.
The Outdoor Foundation Has Developed The Outdoor Participation Trends Report For 14 Years.
Outdoor participation grows for eighth consecutive year.
2023 Outdoor Participation Trends Report Reveals Record Growth In Outdoor Base And Increasing.
Sfia’s 2024 topline participation report shows strong positive trends across multiple sports and fitness categories.
The Outdoor Recreation “Core” Participant, Defined As Someone Who Participates 51 Times Or More In Outdoor Recreation Activities In The Past 12 Months, Has Declined From 71.9% In 2007 To 58.7% Of The.
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The Market Was Down 3% To $27.5 Billion In Total Outdoor Retail Sales.
The balance bike market size has grown strongly in recent years.
Outdoor Participation Grows For Eighth Consecutive Year.
The 2023 report reveals increases in the overall outdoor participation and offers some key insights, including the following: