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Indoor Sports Facilities Management - Industry Market Research Report

Indoor Sports Facilities Management - Industry Market Research Report

  • April 2019
  • 30 pages
  • ID: 5103536
  • Format: PDF
  • By Ibisworld

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High score: Improvements in disposable income and health awareness will boost industry demand

Abstract

Indoor Sports Facilities Management
The Indoor Sports Facilities Management industry benefited from broad economic improvements over the five years to 2019. During the current period, higher sports participation rates and growing public awareness of the link between physical activity and health led to an expected increase in demand for industry services, as relatively high per capita disposable income levels expanded consumer spending levels. Accordingly, an increased share of youth sports teams were able to afford indoor sports facilities. As a result, industry revenue is expected to increase during the current period. However, industry growth was partially hindered over the past five years by increased competition for consumer leisure time from gyms and health and fitness clubs. Over the five years to 2024, industry revenue is forecast to continue rising as a result of further improvements in consumer disposable income, consumer confidence and health awareness.

Operators in this industry maintain and operate recreational indoor sports facilities. This report includes for-profit and nonprofit facilities that generate revenue through membership or admission fees. It excludes fitness centers that primarily provide exercise equipment and other indoor recreation facilities such as college facilities, bowling alleys and dance halls.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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