Laser Tag Arenas in the US - Industry Market Research Report

Low Score: Outlook Growth is Expected to Be Slow as Pandemic Fears Only Slowly Dissipate

Over the past five years, the Laser Tag Arenas industry has performed well as a result of favorable economic conditions. Revenue growth for the industry has been spurred by rising consumer spending, increasing consumer sentiment and growing per capita disposable income. While external economic factors have proved beneficial for industry operators, unfavorable demographic shifts over the past five years have somewhat hindered growth. However, rising consumer spending, fueled by improving consumer sentiment, has helped partially offset some of this decelerated demand growth. Additionally, industry profitability has improved during the five-year period. The industry is anticipated to continue expanding over the five years to 2024. Despite rising external competition due to an increase in the number of nonindustry companies operating laser tag arenas, an anticipated increase in per capita disposable income that will fuel stronger consumer spending is expected to aid revenue growth.

This industry operates indoor and outdoor recreational laser tag facilities.

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.