The production in sports activities in Chile has shown significant fluctuation over the past decade. From 2014 to 2018, the sector experienced substantial growth, peaking in 2018 with a notable year-on-year increase of 30.21%. Despite a minor decline in 2019 and a significant drop in 2020 due to the pandemic, the industry rebounded in 2021 with a 23.99% increase. This recovery continued modestly through 2022 and 2023, with year-on-year variations of 2.77% and 2.65%, respectively. As of 2023, the production value stood at 743.06 billion Chilean Pesos.
From 2024 onwards, forecasted data suggests steady growth in the sector. By 2028, the production value is expected to reach 843.09 billion Chilean Pesos, with a five-year compound annual growth rate (CAGR) of 1.99%, reflecting a forecasted 10.34% growth over this period.
Future trends to watch for include the impact of digital transformation in sports activities, emerging technologies like AI and VR enhancing user experience, and potential changes in consumer behavior post-pandemic which might drive further participation and investment in sports and related activities.
