The value added of sports activities, amusement, and recreation activities in Finland has seen a steady increase over the years, starting from 1.12 billion euros in 2013 to 1.49 billion euros in 2023. This growth signifies a compound annual growth rate (CAGR) of approximately 2.23% over the last five years. The year-on-year growth has generally been positive, with notable fluctuations around 2015, where no growth was observed. In 2023, the sector stood at 1.49 billion euros, marking a 2.19% increase from the previous year.
From 2024 onwards, the forecast suggests a continued upward trend, with the value expected to reach 1.64 billion euros by 2028. The forecasted CAGR for the next five years is around 1.49%, indicating a slower growth rate compared to the historical data but still positive.
Future trends to watch for:
- Ongoing digital transformation and increased investment in virtual and augmented reality in sports and amusement sectors.
- Growing emphasis on sustainability and eco-friendly practices within recreation activities.
- Potential effects of demographic changes, including aging populations, on the demand for varied recreational activities.
- The impact of economic factors such as inflation and disposable income levels on discretionary spending in sports and entertainment.
