Forecast: Sports Activities, Amusement and Recreation Activities Output in Sweden

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.

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