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Recreation Global Market Briefing 2016

  • April 2016
  • -
  • TBRC Business Research
  • -
  • 22 pages

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Recreation can be termed as a pastime, diversion, exercise or other resource for relaxation and enjoyment. Recreational activities are often done for enjoyment, amusement or pleasure. Recreational activities include taking part in sporting activities and visiting museums, historical sites, zoos and parks and also witnessing spectator sports and events. Gambling except casino hotels can also be considered to be part of recreation market.

The total value of the recreation market globally in 2015 was $x billion. Related to a world population of x billion in 2015 this equates to about $x per person globally. Given that World Domestic Product was approximately $x trillion in 2015, the market makes up about x% of the global economy.

It is difficult for a spectator or a fan to stand in queues for long durations to witness a sport or experience a ride or show in parks. The amusement park and sports organizers are offering platforms to patrons for booking a ride or ticket using their mobile devices and apps to experience a ride or sport instead of standing in queues to buy a ticket. Disney World has also employed various means to entertain their guests such as performers and setting up video games alongside the queues.

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