Sports facilities revenue is anticipated to drop at a compound annual rate of 5.6% to £4.8 billion over the five years through 2023-24, hit by greater competition from substitute activities and weak economic conditions. Popular sporting events like the 2019 Cricket World Cup and the UEFA Euro 2020 have supported rental and leasing income from clubs. Efforts made by the government to encourage sport participation, like Sporting Future and Towards an Active Nation, have improved attitudes towards sport, lifting demand for sports facilities.Time out: Competiton from substitute activities is threatening revenue growth in 2023-24
Companies within this industry operate indoor or outdoor sports facilities. These facilities and stadiums may be open, closed or covered, and may or may not have spectator seating. Sports facility operators organise and operate outdoor and indoor sports events for clients. They also manage and provide facilities staff.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Methodology
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