Go-Kart Racing Tracks in the US - Industry Market Research Report

Hit the gas: Continued growth in disposable income is projected to stimulate consumer spending on entertainment and leisure

The Go-Kart Racing Tracks industry has experienced high-octane rapid growth due to increasing per capita disposable income and consumer spending. Consumers have been able to allocate more of their discretionary income towards entertainment and leisure activities, such as go-kart racing. However, the industry faced a significant crash in revenue in 2020 as a result of the COVID-19 pandemic. Fortunately, revenue whiplashed and the industry experienced a surge in revenue in 2021 that surpassed pre-pandemic levels. Consequently, industry-wide revenue has been growing at a CAGR of 2.4% over the past five years and is expected to total $115.9 million in 2023, when revenue makes a pit stop, falling 0.9%. This industry provides recreational and amusement services through go-kart racetracks and other related services. Go-kart tracks may be indoor or outdoor. 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.