The Recreational Activities sector in Turkey has exhibited fluctuations in the number of employees over the past decade. Starting at 6.38 thousand employees in 2013, the sector saw growth, peaking at 8.5 thousand in 2018. Nonetheless, there were notable declines in 2019 and 2020, primarily due to external factors likely including the pandemic. A robust recovery followed with an 8.88% increase in 2023, placing the sector at 10.09 thousand employees. The Compounded Annual Growth Rate (CAGR) from 2018 to 2023 stood at 3.5%, reflecting a moderate overall growth.
Future forecasts imply a steady increase, reaching 12.21 thousand by 2028. A forecasted 5-year CAGR of 3.01% and an overall growth rate of 16% from 2023 to 2028 indicate consistent expansion.
Trends to watch for include the post-pandemic recovery impact, potential economic influences, and shifts in consumer behavior towards recreational activities. Technology adoption and evolving market preferences will also play vital roles in shaping the sector's future growth trajectory.