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Recreation Clubs Market Opportunity Analysis, Market Size, Share, Regional Outlook And Forecast To 2032
Recreation Clubs Market Analysis
The Business Research Company's Recreation Clubs Global Market Report 2023 identifies rising customer participation in recreational activities as the major driver for the recreation clubs market's growth in the forecast period. Recreation activities refer to leisure activities that are performed outside, usually in natural environments. Increasing participation in recreational activities positively affects individuals' mental health, social and emotional states, and body composition and can bring various social health benefits.
The global recreation club market is expected to grow from $47.88 billion in 2022 to $51.74 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The recreation club market is expected to reach $67.94 billion in 2027 at a CAGR of 7%.
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Major competitors in the recreation clubs market are 39 Monte Carlo, The Lenches Sports and Recreation Club, Disneyland, The Arts Club, Soho House, The Hurlingham Club, Carolina Country Club, The Battery.
A key trend in the recreation clubs market includes product innovation. Major companies operating in the recreation club market are concentrating on creating innovative products to strengthen their position in the market. For instance, in September 2022, Kemper Sports, a US-based golf course and hospitality management company, launched Kemper Sports Venues. A new business entity that will support and serve its growing network of facilities for youth and recreational sports. For athletes, parents, coaches, and guests, Kemper Sports Venues will provide exceptional sporting experiences at world-class facilities and new programming and events to its managed venues around the nation.
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The recreation clubs market is segmented -
1) By Category: Recreational Sports Clubs, Non-Sports Recreational Clubs
2) By Age Group: Baby Boomers, Generation X, Millennials, Generation Z
3) By Travelers Type: Solo, Group
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the recreation clubs market.
The Business Research Company's "Global Recreation Clubs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Recreation Clubs Market Include:
1. Executive Summary
2. Recreation Clubs Market Characteristics
3. Recreation Clubs Market Trends And Strategies
4. Recreation Clubs Market - Macro Economic Scenario
5. Global Recreation Clubs Market Size and Growth
……….
32. Global Recreation Clubs Market Competitive Benchmarking
33. Global Recreation Clubs Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Recreation Clubs Market
35. Recreation Clubs Market Future Outlook and Potential Analysis
36. Appendix
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