The forecasted household expenditure on recreation and culture in the UK shows a steady upward trend from 2024 to 2028. Starting at an average value of 2.72 thousand euros per capita in 2024, it is expected to reach 2.86 thousand euros per capita by 2028. This growth indicates a year-on-year increase ranging from approximately 1.47% to 1.41%. The compound annual growth rate (CAGR) over this five-year period is approximately 1.48%.
Future trends to watch for include potential spending shifts due to economic factors such as inflation, changing consumer preferences towards digital and streaming services, and the impact of emerging technologies on recreational and cultural activities.
