The production of sports activities, amusement, and recreation activities in Austria has shown significant variability over the past decade. While there was consistent growth from 2013 to 2019, the sector was severely impacted in 2020, experiencing a drastic decline of 58.82% due to the COVID-19 pandemic. However, a strong recovery began in 2021 with a remarkable year-on-year increase of 131.32%, followed by stable growth through 2022 and 2023. As of 2023, the sector stood at 3.04 billion Euros. Over the last five years, the compound annual growth rate (CAGR) was 2.61%.

Looking forward, the forecast indicates a continued, albeit slower, growth trajectory with a forecasted 5-year CAGR of 1.96% from 2024 to 2028, suggesting a 10.18% overall growth rate by 2028.

Future trends to watch for:

The impact of technological advancements in enhancing consumer experiences in sports and recreation activities.
Increasing interest in fitness and wellness activities post-pandemic.
Potential economic fluctuations and their impacts on discretionary spending in sports and recreation.