Based on the data provided:
- 2024: €48.89 billion
- 2025: €49.5 billion
- 2026: €50.12 billion
- 2027: €50.73 billion
- 2028: €51.33 billion
The year-on-year percentage changes are as follows:
- 2025 vs 2024: (49.50 - 48.89) / 48.89 * 100 = 1.25%
- 2026 vs 2025: (50.12 - 49.50) / 49.50 * 100 = 1.25%
- 2027 vs 2026: (50.73 - 50.12) / 50.12 * 100 = 1.22%
- 2028 vs 2027: (51.33 - 50.73) / 50.73 * 100 = 1.18%
The CAGR (Compound Annual Growth Rate) over the last five years is:
- CAGR: [(51.33 / 48.89)^(1/4) - 1] * 100 ≈ 1.22%
Future trends to watch for include the impact of digitalization on cultural services, demographic shifts influencing recreational activities, and economic conditions affecting discretionary spending.
