Over the past decade, household expenditure on leisure in the Netherlands has demonstrated notable fluctuations. From a low point of €30.25 billion in 2013, there were gradual increases, interrupted by a significant dip in 2020 due to the COVID-19 pandemic. However, this was followed by a vigorous recovery, culminating in an expenditure of €39.68 billion in 2023. The year 2023 saw a modest year-on-year increase of 2.32%, while the compounded annual growth rate (CAGR) over the last five years stood at 3.48%, reflecting a robust recovery and subsequent growth.
Looking ahead, the forecast predicts continued growth in household leisure spending, with a projected 5-year CAGR of 1.71%, reaching €44.2 billion by 2028. The forecasted growth rate indicates a positive yet stabilizing trend in the market.
Future trends to watch for:
- Impact of technological advancements on leisure activities and spending patterns.
- Changing consumer preferences and economic conditions influencing discretionary spending.
- Potential disruptions or enhancements due to societal shifts such as remote working and digital entertainment uptake.
