From 2013 to 2018, domestic tourism expenditure on cultural services in France showed a steady growth trend, peaking at 1.23 billion euros in 2018. However, starting in 2019, there was a significant decline, with a notable drop of 34.73% in 2019 and 37.5% in 2020, attributed to the impacts of global events like the COVID-19 pandemic. Recovery began in 2021 with a strong rebound of 74.63%, continuing at 13.38% in 2022 and 7.67% in 2023, reaching 1.07 billion euros.
Future forecasts suggest a stabilization of expenditure with slight annual declines, ending at 1.04 billion euros by 2028. The average CAGR for the next five years is projected at -0.32%, indicating a modest contraction.
Future trends to watch for include adaptations in the cultural sector to digital formats, changes in domestic travel behavior, and potential economic factors that may influence consumer expenditure. Monitoring these variables will be essential for accurate forecasting and strategic planning.
