The output of sports activities, amusement, and recreation activities in Belgium displayed steady growth from 2013 to 2019, culminating at 3.29 billion euros in 2019. The sector experienced significant disruption in 2020 due to external factors, with a notable decline of 27.97%. However, recovery began promptly, featuring an increase of 22.7% in 2022 and reaching 3.59 billion euros in 2023. The CAGR over the last five years mirrors this recovery at 3.22%. Forecasts indicate continuous growth, predicting an output of 4.42 billion euros by 2028.
Future trends to watch for include:
- Increasing digital and virtual engagement in sports and recreational activities.- Growth in health and wellness trends, influencing higher participation in sports.- Expansion of eSports and online gaming as key segments within the sector.- Sustained recovery and development of outdoor recreational activities post-pandemic.
