The projected value added of sports activities, amusement, and recreation activities in the US indicates steady growth from 2024 to 2028, with figures rising from $117.25 billion to $128.39 billion. In terms of year-on-year growth, 2024–2025 sees a 2.45% increase, with subsequent years maintaining a similar upward trend. The compound annual growth rate (CAGR) from 2024 to 2028 is about 2.29%, reflecting a consistent performance of the sector.
Future trends to watch for include:
- Technological advancements offering enhanced consumer experiences.
- Increased focus on health and wellness driving participation in recreational activities.
- Potential economic fluctuations influencing discretionary spending on leisure activities.