The output of the sports activities, amusement, and recreation industry in Sweden remained steady at 0.7 units from 2013 to 2020. However, there was a notable year-on-year decrease of 14.29% in 2021, bringing the output down to 0.6 units. This decline has persisted through 2023. The five-year CAGR from 2019 to 2023 is negative at -3.04%, reflecting a significant reduction in economic activity in this sector.
Looking ahead, forecasts suggest that the output will remain stable at 0.6 units through 2028, with no growth anticipated given a forecasted five-year CAGR of 0%. This stagnation may reflect challenges in the sector's recovery post-pandemic or changes in consumer behavior.
Future trends to watch for include:
- Potential rebound in consumer spending on leisure activities as economic conditions improve.
- Impact of digital and virtual alternatives on traditional sports and recreation activities.
- Increased focus on wellness and outdoor activities, possibly influencing the sector's composition and output.