The forecasted domestic tourism consumption of recreational, cultural and gambling services in Australia is expected to increase steadily from 2024 through 2028, starting from AUD 8.4 billion in 2024 and reaching AUD 9.32 billion by 2028. A notable trend is the year-on-year growth in consumption value, showing a consistent upward trajectory over this period. From 2023 to 2024, the sector saw a significant increase, reflecting a recovering tourism sector post-pandemic. This trend appears robust with the subsequent forecasted years, maintaining a similar growth pattern.
The year-on-year variation percentages for this period are as follows:
- 2024-2025: 2.86%
- 2025-2026: 2.66%
- 2026-2027: 2.48%
- 2027-2028: 2.53%
Future trends to watch for include the impact of emerging technologies on recreational activities, evolving cultural tourism trends, and regulatory changes in the gambling sector. Additionally, tracking the overall economic climate, changes in consumer preferences, and any potential global disruptions will be crucial.
