Based on the forecasted data from 2024 to 2028 for the Gross Income of Sports Activities, Amusement and Recreation Activities in Canada, the values are observed to steadily increase from $322 million in 2024 to $389 million in 2028. The year-on-year variations in percentage are as follows:
- 2025: 5.59%
- 2026: 5.00%
- 2027: 4.48%
- 2028: 4.29%
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 4.82%.
Future Trends to Watch
Future trends to watch in the Canadian sports and recreation sector include increasing digital engagement, rising investment in facilities, and a growing emphasis on wellness and fitness activities. Monitoring these trends can provide further insight into potential growth areas and investment opportunities in this sector.