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.High score: Positive demographic and economic trends are poised to accelerate the industry's post-pandemic recovery
The Indoor Sports Facilities Management industry endured steady growth during the beginning of the current period, prior to a steep decline in 2020 amid the COVID-19 pandemic. Industry servicers manage indoor recreational sports facilities, which does not include bowling alleys and college facilities. Over the past five years, higher sports participation rates and growing public awareness of the link between physical activity and health led to an increase in demand for industry services, as rising per capita disposable income expanded consumer spending. Nonetheless, the economic downturn due to the pandemic erased these gains, as temporary closures of establishments resulted in an expected 26.9% decline in revenue in 2020. As a result of the sharp contraction in revenue in 2020, industry revenue is expected to ultimately decelerate at a CAGR of 3.1% to $1.4 billion over the past five years, despite an estimated 3.3% revenue rebound in 2023 alone.
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.
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
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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