Analyzing the travel intermediary services market output in Belgium from 2024 to 2028, all values expressed in billion euros, we observe a slight decline from €3.08 billion in 2024 to €3.03 billion in 2028. This represents a year-on-year decrease of approximately 0.3% to 0.7%, marking a slow yet steady downward trend over these five years. The compound annual growth rate (CAGR) for the entire period indicates an overall average annual decrease of approximately 0.4%.
Considering this minor decline, it is important to monitor several future trends:
- The potential impact of technological advancements and digital transformation in the travel industry.
- Economic factors such as changes in disposable income and consumer confidence.
- Regulatory changes and their effects on travel policies and intermediary services.
- Market responses to shifts in consumer behavior and preferences post-pandemic.