The production in the travel agency activities sector in Poland, measured in billion Zloty, has seen substantial fluctuations from 2013 to 2023. After a steady increase between 2013 and 2014, the sector experienced a significant dip in 2015, which was then followed by a recovery. The most notable decline occurred in 2020, likely due to the impact of the COVID-19 pandemic, followed by a robust rebound in 2021 and continued growth through to 2023. In 2023, the sector stood at 2.82 billion Zloty, indicating a 19.45% YOY increase. The CAGR over the last five years is 2.54%.
Forecasted data from 2024 to 2028 suggests a period of consistent growth, with the sector expected to reach 3.28 billion Zloty by 2028. The forecasted five-year CAGR is 2.42%, with an overall five-year growth rate of 12.71%.
Future trends to watch include the impact of digital transformation on the industry, shifts in consumer travel preferences towards sustainable and experiential travel, and the potential implications of economic fluctuations on discretionary spending on travel.
