Over the past decade, the output of sports activities, amusement, and recreation activities in Mexico has exhibited significant fluctuations. Between 2013 and 2019, the sector experienced consistent growth, with occasional minor dips. The COVID-19 pandemic in 2020 severely disrupted this trend, resulting in a sharp decline of over 42%. However, the recovery was swift with a rebound in 2021 and a substantial year-on-year growth of 45% in 2022. Despite a slight contraction of 9.78% in 2023, the forecasted data for the upcoming five years suggests a steady, moderate growth trajectory with a five-year CAGR of 1.78%.
The value stood at 78.53 billion Mexican Pesos in 2023.
Future trends to watch for:
• The impact of economic policies and consumer spending power on the sector.
• Innovations in digital and virtual recreational activities.
• Post-pandemic shifts in consumer behavior towards outdoor and sports activities.
• Investment in infrastructure for sports and amusement activities.