Analyzing the data of self-employed people in the recreational activities sector from 2023 to 2024, we observe notable trends. The United States saw a significant decline by 22.84%, whereas countries like Spain and Latvia experienced substantial growths of 7.35% and 14.99% respectively. Similarly, Germany and the United Kingdom faced slight decreases, while other European countries such as Italy, the Netherlands, and Hungary experienced positive variations. Overall, there is a general shift with some smaller markets actually seeing growth, driven possibly by favorable economic or industry-specific factors.
Future trends to watch include:
- Potential stabilization or recovery in the United States market, which might be influenced by economic adjustments or policy changes.
- Continued growth in emerging European markets, particularly in countries like Spain, Latvia, and Lithuania.
- Impact of technological advancements and evolving consumer preferences on the demand for recreational activities, potentially leading to more self-employment opportunities.
- Global economic conditions and their effects on discretionary spending, influencing the recreational sector.
Top countries in Self-Employed People in Recreational Activities Sector Share by Country (Thousand Units (Persons))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 42.77 | 2023 | -75.15% | -22.84% | View data |
| 2 | 2 United Kingdom | 14.91 | 2023 | +1.75% | -1.53% | View data |
| 3 | 3 Germany | 11.85 | 2023 | -2.21% | -1.71% | View data |
| 4 | 4 Italy | 7.06 | 2023 | +0.76% | +1.73% | View data |
| 5 | 5 Netherlands | 5.44 | 2023 | +1.67% | +2.47% | View data |
| 6 | 6 Spain | 4.87 | 2023 | +3.21% | +7.35% | View data |
| 7 | 7 Poland | 1.72 | 2023 | +2.12% | -1.1% | View data |
| 8 | 8 France | 1.69 | 2023 | 0% | +1.09% | View data |
| 9 | 9 Hungary | 1.21 | 2023 | -0.074% | +5.58% | View data |
| 10 | 10 Norway | 1.16 | 2023 | 0% | 0% | View data |