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 expansion observed in the historical period can be ascribed to factors such as the prevalence of sports culture, the development of infrastructure, sponsorship and endorsements, trends in health and fitness, and active 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 anticipated growth in the forecast period is linked to virtual sports experiences, data-driven personalization, sustainable sports practices, diversity and inclusion initiatives, and the integration of health tech. Notable trends expected in the forecast period encompass technology for fan engagement, the incorporation of technology, the integration of fitness technology, social connectivity, and the gamification of fitness.
Fitness and health clubs are now offering combined instructor-led group fitness classes, incorporating various workout formats to make exercising enjoyable. These blended formats merge traditional exercises, creating a dynamic and engaging workout experience for individuals. Popular combinations include cycling and boxing, treadmill running coupled with strength training, rowing combined with bodyweight exercises, battle rope training, and high-intensity interval training (HIIT). The incorporation of these combined fitness formats allows fitness trainers to effectively engage members during their workouts, resulting in enhanced experiences and better outcomes compared to traditional exercises. Common examples of such combined fitness formats include Hashing, ZUU, Clubbercise, Gorilla Circus, and Zumba steps.
The growing interest in outdoor activities is expected to drive the growth of the participatory sports market in the future. Outdoor activities encompass a wide range of leisure, recreational, sporting, play, or cultural activities conducted outdoors. These activities often lead to participation in participatory sports. In 2022, the Outdoor Foundation reported that in 2021, a record-breaking 164.2 million Americans aged six and over, constituting 54% of the population, engaged in outdoor recreation at least once. This marked an increase of 6.9% compared to March 2020, indicating a significant surge in outdoor participation. Hence, the heightened interest in outdoor activities is poised to fuel the participatory sports market.
Gyms and fitness clubs are adapting to the diverse needs and preferences of different age groups, ranging from 20 to 65 years. Tailoring fitness programs to address the unique requirements of each group, younger individuals benefit from intense muscle-building exercises, while older age groups are offered high-impact traditional cardio workouts and low-impact fitness classes such as yoga and tai chi. For instance, Sportyze, an Indian-based chain of Kids Gym, launched online offerings in September 2021 to reach a wider audience and cater to the diverse needs of children through a program that extends their offline services.
Market, major companies are prioritizing technological innovation, including the development of body insights technology. This broad term encompasses technologies used to gain insights into the human body, tracking metrics such as heart rate and activity levels. Prism Labs, a US-based provider of 3D body maps, introduced 3D body mapping technology in June 2023. This specialized technology enables users to monitor fitness progress using a smartphone, offering more insightful metrics than traditional scales. The Prism scanning system seamlessly integrates with the iPhone's advanced camera features for skeletal tracking, providing an improved user experience and accuracy. Additionally, it facilitates integration with fitness and wellness products such as Tempo through its mobile SDK.
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.
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.
The countries covered in the participatory sports market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa. The participatory sports market includes revenues earned by entities by operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Participatory sports revenues come from participants and player attendants. This market includes sales from entry fees, merchandise, and other related goods and services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The primary categories of participatory sports encompass golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, bowling centers, and other forms of participatory sports. A marina, specifically designed for sailboats and yachts, serves as a dock for these watercraft. Revenue for such facilities is derived from sources such as membership fees, merchandise sales, and other related avenues. These establishments can be either part of a larger chain or operate independently.
The participatory sports market research report is one of a series of new reports that provides participatory sports market statistics, including participatory sports industry global market size, regional shares, competitors with a participatory sports market share, detailed participatory sports market segments, market trends and opportunities, and any further data you may need to thrive in the participatory sports industry. This participatory sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
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 anticipated growth in the forecast period is linked to virtual sports experiences, data-driven personalization, sustainable sports practices, diversity and inclusion initiatives, and the integration of health tech. Notable trends expected in the forecast period encompass technology for fan engagement, the incorporation of technology, the integration of fitness technology, social connectivity, and the gamification of fitness.
Fitness and health clubs are now offering combined instructor-led group fitness classes, incorporating various workout formats to make exercising enjoyable. These blended formats merge traditional exercises, creating a dynamic and engaging workout experience for individuals. Popular combinations include cycling and boxing, treadmill running coupled with strength training, rowing combined with bodyweight exercises, battle rope training, and high-intensity interval training (HIIT). The incorporation of these combined fitness formats allows fitness trainers to effectively engage members during their workouts, resulting in enhanced experiences and better outcomes compared to traditional exercises. Common examples of such combined fitness formats include Hashing, ZUU, Clubbercise, Gorilla Circus, and Zumba steps.
The growing interest in outdoor activities is expected to drive the growth of the participatory sports market in the future. Outdoor activities encompass a wide range of leisure, recreational, sporting, play, or cultural activities conducted outdoors. These activities often lead to participation in participatory sports. In 2022, the Outdoor Foundation reported that in 2021, a record-breaking 164.2 million Americans aged six and over, constituting 54% of the population, engaged in outdoor recreation at least once. This marked an increase of 6.9% compared to March 2020, indicating a significant surge in outdoor participation. Hence, the heightened interest in outdoor activities is poised to fuel the participatory sports market.
Gyms and fitness clubs are adapting to the diverse needs and preferences of different age groups, ranging from 20 to 65 years. Tailoring fitness programs to address the unique requirements of each group, younger individuals benefit from intense muscle-building exercises, while older age groups are offered high-impact traditional cardio workouts and low-impact fitness classes such as yoga and tai chi. For instance, Sportyze, an Indian-based chain of Kids Gym, launched online offerings in September 2021 to reach a wider audience and cater to the diverse needs of children through a program that extends their offline services.
Market, major companies are prioritizing technological innovation, including the development of body insights technology. This broad term encompasses technologies used to gain insights into the human body, tracking metrics such as heart rate and activity levels. Prism Labs, a US-based provider of 3D body maps, introduced 3D body mapping technology in June 2023. This specialized technology enables users to monitor fitness progress using a smartphone, offering more insightful metrics than traditional scales. The Prism scanning system seamlessly integrates with the iPhone's advanced camera features for skeletal tracking, providing an improved user experience and accuracy. Additionally, it facilitates integration with fitness and wellness products such as Tempo through its mobile SDK.
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.
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.
The countries covered in the participatory sports market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa. The participatory sports market includes revenues earned by entities by operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Participatory sports revenues come from participants and player attendants. This market includes sales from entry fees, merchandise, and other related goods and services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The primary categories of participatory sports encompass golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, bowling centers, and other forms of participatory sports. A marina, specifically designed for sailboats and yachts, serves as a dock for these watercraft. Revenue for such facilities is derived from sources such as membership fees, merchandise sales, and other related avenues. These establishments can be either part of a larger chain or operate independently.
The participatory sports market research report is one of a series of new reports that provides participatory sports market statistics, including participatory sports industry global market size, regional shares, competitors with a participatory sports market share, detailed participatory sports market segments, market trends and opportunities, and any further data you may need to thrive in the participatory sports industry. This participatory sports market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Participatory Sports Market Characteristics4. Participatory Sports Market Trends and Strategies68. Global Participatory Sports Market Competitive Benchmarking69. Global Participatory Sports Market Competitive Dashboard70. Key Mergers and Acquisitions in the Participatory Sports Market
3. Participatory Sports Product/Service Analysis -Product/Service Examples
5. Participatory Sports Market - Macro Economic Scenario
6. Global Participatory Sports Market Size and Growth
7. Participatory Sports Market Segmentation
8. Participatory Sports Market Regional and Country Analysis
9. Asia-Pacific Participatory Sports Market
10. China Participatory Sports Market
11. India Participatory Sports Market
12. Japan Participatory Sports Market
13. Australia Participatory Sports Market
14. Indonesia Participatory Sports Market
15. South Korea Participatory Sports Market
16. Bangladesh Participatory Sports Market
17. Thailand Participatory Sports Market
18. Vietnam Participatory Sports Market
19. Malaysia Participatory Sports Market
20. Singapore Participatory Sports Market
21. Philippines Participatory Sports Market
22. Hong Kong Participatory Sports Market
23. New Zealand Participatory Sports Market
24. Western Europe Participatory Sports Market
25. UK Participatory Sports Market
26. Germany Participatory Sports Market
27. France Participatory Sports Market
28. Italy Participatory Sports Market
29. Spain Participatory Sports Market
30. Austria Participatory Sports Market
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. Norway Participatory Sports Market
37. Portugal Participatory Sports Market
38. Sweden Participatory Sports Market
39. Switzerland Participatory Sports Market
40. Eastern Europe Participatory Sports Market
41. Russia Participatory Sports Market
42. Czech Republic Participatory Sports Market
43. Poland Participatory Sports Market
44. Romania Participatory Sports Market
45. Ukraine Participatory Sports Market
46. North America Participatory Sports Market
47. USA Participatory Sports Market
48. Canada Participatory Sports Market
49. Mexico Participatory Sports Market
50. South America Participatory Sports Market
51. Brazil Participatory Sports Market
52. Chile Participatory Sports Market
53. Argentina Participatory Sports Market
54. Colombia Participatory Sports Market
55. Peru Participatory Sports Market
56. Middle East Participatory Sports Market
57. Saudi Arabia Participatory Sports Market
58. Israel Participatory Sports Market
59. Iran Participatory Sports Market
60. Turkey Participatory Sports Market
61. United Arab Emirates Participatory Sports Market
62. Africa Participatory Sports Market
63. Egypt Participatory Sports Market
64. Nigeria Participatory Sports Market
65. South Africa Participatory Sports Market
66. Participatory Sports Market Competitive Landscape and Company Profiles
67. Participatory Sports Market Other Major and Innovative Companies
71. Participatory Sports Market Future Outlook and Potential Analysis
72. Appendix
Executive Summary
Participatory Sports Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on participatory sports market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
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- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for participatory sports? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered: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 Sources
3) By Ownership: Chained; Standalone
Key Companies Mentioned: Town Sports International Holdings Inc.; Nike Inc.; Heiwa Corporation; Maruhan Corporation; Adidas AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 324.53 Billion |
Forecasted Market Value ( USD | $ 394.7 Billion |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |