Inbound tourism expenditure on sports and recreation services in Japan is expected to see steady growth from 2024 to 2028. In 2023, the expenditure stood at 80.2 billion Japanese Yens. The forecasted figures for 2024 indicate an 83.93 billion yen expenditure, reflecting a steady year-on-year increase. The growth rate from 2024 to 2025 is 4.9%, followed by similar patterns over the succeeding years. The compound annual growth rate (CAGR) for 2024-2028 is 4.5%.
Trends to watch for:
- Growth in inbound tourism driven by international events and improvements in tourism infrastructure.
- Increased demand for sports-related tourism aligning with global sporting events planned in Japan's near future.
- Focus on enhancing recreational services to attract a broader segment of tourists seeking holistic experiences.