Forecast: Internal Tourism Consumption of Sports and Recreation Services in Spain

Analyzing the internal tourism consumption of sports and recreation services in Spain from 2016 to 2023 shows significant volatility, especially due to the pandemic in 2020, which caused a drastic drop of 63.42%. However, robust recovery followed, with a notable increase of 93.6% in 2021 and continued growth at 31.51% in 2022, reaching 10.86 billion Euros in 2023, up by 17.07% year-on-year. The five-year Compound Annual Growth Rate (CAGR) ending 2023 was an impressive 43.92%, indicating robust post-pandemic recovery.

Future trends to watch for include:

• Steady growth rates, with forecasts predicting the market will reach 11.5 billion Euros by 2028.
• Moderate CAGR of 0.79% projected over the next five years, suggesting growth stabilization post-recovery.
• Potential impacts of economic conditions and consumer trends on sport and recreation tourism demand.