Bowling Centers in the US - Industry Market Research Report

Out of the gutter: Volatility due to the pandemic has largely subsided, so the industry is expected to rebound

Bowling centers handily recovered from COVID-19 closures but experienced extreme revenue volatility. Revenue plummeted from business closures and shelter-in-place orders, then darted back thanks to rising disposable income that propped up discretionary spending. Profit was as volatile as revenue but stabilized post-COVID-19, helped by government aid that was available to many bowling centers. In line with the unprecedented losses experienced in 2020, industry-wide revenue has been declining at a CAGR of 6.0% over the past five years and is expected to total $3.3 billion in 2023, when revenue will decline an estimated 7.7%. Operators in this industry primarily operate bowling centers. Establishments often sell food and beverages. 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.