From 2013 to 2022, the Recreational Activities Gross Value Added (GVA) in the US displayed an overall upward trend with some fluctuations. The sector experienced significant growth from 2013 to 2019, followed by a dramatic decline in 2020 due to the pandemic, but recovered in 2021 with a 38.34% increase. The recent forecast shows continuous growth from 2023 to 2028, with a projected 2028 GVA of $152.53 billion, reflecting a 5-year CAGR of 2.56%.
Future trends to watch include the impact of technological innovations, increased health and wellness consciousness, and changing consumer preferences towards sustainable and outdoor recreational activities.
