Overview and Scope
Participatory sport is a sport in which people participate in any sporting event. Team sports participation builds confidence, promotes health and well-being, and can help maintain mental health. Participating in youth sports can lead to immediate and long-term benefits for youth, their families, and communities.
Sizing and Forecast
The participatory sports market size has grown strongly in recent years. It will grow from $309.07 billion in 2023 to $324.53 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to sports culture, infrastructure development, sponsorship and endorsements, health and fitness trends, community engagement.
The participatory sports market size is expected to see strong growth in the next few years. It will grow to $394.7 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to virtual sports experiences, data-driven personalization, sustainable sports practices, diversity and inclusion initiatives, health tech integration. Major trends in the forecast period include fan engagement technology, technology integration, fitness technology integration, social connectivity, gamification of fitness.
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Segmentation & Regional Insights
The participatory sports market covered in this report is segmented –
1) By Type: Golf Courses And Country Clubs, Skiing Facilities, Marinas, Fitness And Recreational Sports Centers, Bowling Centers, Other Participatory Sports
2) By Revenue Source: Membership, Merchandising, Other Revenue Souces
3) By Ownership: Chained, Standalone
North America was the largest region in the participatory sports market in 2023. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the participatory sports market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Fitness and health clubs are offering instructor-led group fitness classes combining workout formats. These combined formats mix traditional exercises to make exercising fun for people. Popular combined fitness formats include cycling and boxing, treadmill running and strength training, rowing and bodyweight training, battle rope training, and high-intensity interval training (HIIT). This enables fitness trainers to effectively engage members during the exercise. These fitness formats enhance the workout experience and produce better results than traditional exercises. Hashing, ZUU, Clubbercise, Gorilla Circus, and Zumba steps are common combined fitness formats.
Key Industry Players
Major companies operating in the participatory sports market report are Town Sports International Holdings Inc., Nike Inc., Heiwa Corporation, Maruhan Corporation, Adidas AG, Decathlon S.A., PUMA SE, Under Armour Inc., Callaway Golf Company, ASICS Corporation, Konami Holdings Corporation, Acushnet Company, Life Time Fitness Inc., Mizuno Corporation, Accordia Golf Co. Ltd., TaylorMade Golf Company, Easton Diamond Sports Inc., Planet Fitness LLC, Babolat S.A., Wilson Sporting Goods Co., Rawlings Sporting Goods Company, Ardent Leisure Group Limited, HEAD NV, The Gym Group PLC, Prince Sports Inc., Compagnie des Alpes S.A., Louisville Slugger, Spalding Sports Worldwide Inc., Amer Sports Corporation
The participatory sports market report table of contents includes:
1. Executive Summary
2. Participatory Sports Market Characteristics
3. Participatory Sports Product/Service Analysis -Product/Service Examples
4. Participatory Sports Market Trends And Strategies
5. Participatory Sports Market – Macro Economic Scenario
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31. Belgium Participatory Sports Market
32. Denmark Participatory Sports Market
33. Finland Participatory Sports Market
34. Ireland Participatory Sports Market
35. Netherlands Participatory Sports Market
36.Appendix
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