In 2018 and 2019, casual athletic involvement, defined as playing sports at least once a week, gained traction among young athletes. This helped sports coaches tap into the key market of parents trying to keep kids active. Coaches earn more by providing intensive, routine instruction to dedicated athletes. Coaches can bill at higher rates and hold frequent sessions. Although rates of regular athletic participation have dropped in recent years, parents' willingness to spend discretionary income on one-on-one coaching for their children has ticked up. Rising college tuition has encouraged parents and athletes to invest in sports coaching that may lead to scholarships. Revenue for sports coaches will climb at a CAGR of 3.6% to $14.9 billion through the end of 2023, when profit reaches 8.3%.Winning Goal: Intense Competition Among Athletes Has Created Revenue Opportunities for Sports Camps
This industry includes one-on-one sports training at athletic facilities as well as camps and schools that offer instruction in athletic activities to groups or individuals. Overnight and day sports instruction camps are also included in this industry.
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 PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Methodology
LOADING...