Analysis of household expenditure on leisure in France shows a consistent upward trend from 2013 to 2019, with a noticeable dip in 2020 due to the COVID-19 pandemic. Expenditure bounced back in 2021 and surged in 2022. In 2023, the expenditure on leisure stood at 111.59 billion Euros. The last two years saw significant year-on-year variations of 12.7% in 2022 and 1.71% in 2023. The compound annual growth rate (CAGR) over the past five years was 2.62%, indicating steady growth.
Future forecasts predict continued growth in household leisure expenditure, with a CAGR of 1.28% from 2024 to 2028, reaching 120.98 billion Euros by 2028.
Future trends to watch for include:
- Changes in consumer preferences and spending habits
- The impact of economic factors on discretionary spending
- Technological advancements and their influence on leisure activities
