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Participatory Sports Global Market Report 2022 - Industry Analysis, Size, Share, Growth, Trends, And Forecast [2022 - 2031]

11-24-2022 07:28 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: The Business research company

Participatory Sports Global Market Report 2022 - Industry

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The global participatory sports market report by the business research company identifies fitness and health clubs are offering instructor-led group fitness classes combining workout formats be a major growth driver for the participatory sports market. fitness and health clubs 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.

The global participatory sports market grew from $227.92 billion in 2021 to $317.2 billion in 2022 at a compound annual growth rate (CAGR) of 39.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The participatory sports market is expected to grow to $396.92 billion in 2026 at a CAGR of 5.8%.

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North America was the largest region in the participatory sports market in 2021. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the participatory sports market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major companies in the market include Maruhan, Life Time Fitness, Inc., Heiwa Corporation, Konami Holdings Corporation, Town Sports International Holdings, Inc., Accordia Golf, Compagnie des Alpes, Planet Fitness, LLC, Ardent Leisure Group Ltd and The Gym Group PLC.

The global participatory sports market 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, Others
3) By Ownership: Chained, Standalone.

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The Participatory Sports Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Participatory Sports Market Characteristics
4. Participatory Sports Market Product Analysis
5. Participatory Sports Market Supply Chain
....
20. Participatory Sports Market Competitive Landscape
21. Key Mergers And Acquisitions In The Participatory Sports Market
22. Market Background: Sports Market
23. Recommendations
24. Appendix

This report covers the trends and market dynamics of the Participatory Sports market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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