Key Market Indicators
Revenue from recreational activities in Luxembourg is projected to hit approximately €460 million by 2028, up from around €400 million in 2023. This marks an annual growth rate of 2.1% in compound annual growth rate (CAGR). Since the turn of the century, Luxembourg's market for recreational activities has seen a steady increase, averaging a yearly growth rate of 3.7%. In 2023, Luxembourg ranked 26th globally in this sector. Slovenia surpassed Luxembourg with equivalent revenue figures close to €400 million. Leading the rankings in 2023 were France, the United Kingdom, and Spain, holding the second, third, and fourth positions respectively.
