The production volumes of sports activities, amusement, and recreation activities in Belgium have exhibited significant variability over the years. Between 2013 and 2019, there was a steady increase in value, with notable growth rates peaking at 7.03% in 2019. However, 2020 saw a sharp decline of 59.7% due to the COVID-19 pandemic. Recovery was rapid post-2020, showing a year-on-year increase of 130.23% in 2021, followed by consistent growth through to 2023. Forecast data indicates a continued upward trend with a CAGR of 1.66% into 2028, culminating in an overall growth rate of 8.59% over the next five years.
Future trends to watch include the impact of digital transformation in sports and recreation, the increasing emphasis on health and wellness, and the potential effects of economic fluctuations. Additionally, sustainability trends and consumer behavior shifts towards immersive and experiential recreation will likely drive innovation and shape future production volumes.
