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Sports Tourism - Global Market Trajectory & Analytics

  • ID: 5141547
  • Report
  • September 2020
  • Region: Global
  • 371 pages
  • Global Industry Analysts, Inc
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Global Sports Tourism Market to Reach US$14.4 Trillion by the Year 2027

Amid the COVID-19 crisis, the global market for Sports Tourism estimated at US$2.2 Trillion in the year 2020, is projected to reach a revised size of US$14.4 Trillion by 2027, growing at a CAGR of 31.1% over the period 2020-2027. Domestic Sports Tourism, one of the segments analyzed in the report, is projected to grow at a 29.1% CAGR to reach US$5 Trillion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the International Sports Tourism segment is readjusted to a revised 32.3% CAGR for the next 7-year period. This segment currently accounts for a 61.5% share of the global Sports Tourism market.

The U. S. Accounts for Over 28.7% of Global Market Size in 2020, While China is Forecast to Grow at a 38.9% CAGR for the Period of 2020-2027

The Sports Tourism market in the U. S. is estimated at US$619.7 Billion in the year 2020. The country currently accounts for a 28.66% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.3 Trillion in the year 2027 trailing a CAGR of 38.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25% and 28.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 26.9% CAGR while Rest of European market (as defined in the study) will reach US$3.3 Trillion by the year 2027. We bring years of research experience to this 7th edition of our report. The 371-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • BAC Sport Limited
  • Fanatic Sports Pvt. Ltd.
  • Great Atlantic Sports Travel
  • ITC Sports Travel
  • Sports Tours India
  • Sports Tours International Limited
  • Sportsnet Holidays
  • TUI AG
  • Victory Sports Tours
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Sports Tourism Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Sports Tourism Market Share (in %) by Company: 2018 & 2027
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Sports Tourism Market: Competitor Market Share Scenario (in %) for 2018 & 2027
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 48
Note: Product cover images may vary from those shown
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