Forecast: Household Expenditure on Leisure in Japan

In 2023, household expenditure on leisure in Japan stood at 24.453 trillion Japanese Yens. Projections for the subsequent years indicate a steady increase, reaching 24.533 trillion in 2024, 24.62 trillion in 2025, 24.707 trillion in 2026, 24.792 trillion in 2027, and 24.877 trillion in 2028. The year-on-year growth rates between these years reveal gradual increases: 0.33% from 2023 to 2024, approximately 0.36% from 2024 to 2025, 0.35% from 2025 to 2026, 0.34% from 2026 to 2027, and 0.34% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is around 0.34%.

Future trends to watch for include potential impacts of technological advancements in entertainment, shifts in consumer preferences towards experiential leisure activities, and demographic changes such as an aging population which may influence the proportion of spending in various leisure categories.

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