Over the past decade, internal tourism consumption of cultural services in France has experienced significant fluctuations. From 2013 to 2018, there was steady growth with a notable decline in 2019 (-27.61%) and a sharp drop in 2020 (-36.84%) due to the global pandemic. A strong recovery started in 2021, with an increase of 58.76%, and continued into 2022 and 2023, reaching 2.35 Billion Euros in 2023.
Year-on-year variations reveal stabilization post-crisis, with growth rates of 13.92% in 2022 and 8.31% in 2023. The 5-year CAGR from 2018 to 2023 indicates a gradual recovery despite earlier declines.
Future trends to watch for include:
- Stabilization of consumption levels with forecasted modest growth around 0.25% CAGR from 2024 to 2028.
- Potential impacts of evolving cultural tourism offerings and technological innovations.
- Economic factors such as inflation and exchange rates influencing tourist spending.