The gross value added (GVA) by recreational activities in Poland has exhibited consistent growth from 2013 to 2023, with values rising from 7.58 billion Zloty to 11.86 billion Zloty in 2023. From 2020 onwards, the GVA experienced a notable uptick, with year-on-year growth rates peaking at 10.86% in 2020. Post-2020, the market remained resilient with steady growth rates, culminating in a 2.62% rise in 2023. Over the last two years, the GVA has grown by 2.32% and 2.62% respectively, and the compound annual growth rate (CAGR) over the last five years stands at 4.56%.
Looking ahead, the forecast indicates that the GVA of recreational activities will continue its upward trajectory, reaching 13.31 billion Zloty by 2028. The forecasted five-year CAGR is estimated at 1.84%, pointing to a more moderate growth rate, with an anticipated 9.53% cumulative increase over the forecast period (2024-2028).
Future trends to watch for include:
- Impact of technological advancements and digital transformation.
- Shifts in consumer preferences towards sustainable and eco-friendly activities.
- The potential influence of demographic changes on recreational activities participation.
- The role of government policies and economic conditions in shaping the sector's growth.
