Household expenditure on leisure in Turkey represented 985.39 billion New Turkish Liras in 2023. From 2013 to 2023, the market saw a substantial growth characterized by several peaks. Notably, in recent years, the yearly increase intensified, with the most significant surge seen between 2021 and 2022 at 117.62%, followed by a 53.05% increase from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) reached 49.16%, highlighting robust growth trends.

As we look forward, the forecasts from 2024 to 2028 suggest a strong but slightly moderated growth, with an expected 5-year CAGR of 14.86%. This trend depicts a doubling effect in market value by 2028 (99.91% growth over this horizon).

Future trends to watch for:

Demographic changes and their impact on spending habits.
Technological advancements and digital leisure options.
Economic fluctuations and their influence on disposable income.
Potential impacts of tourism and international influences on household expenditure.