Press release
Recreation Global Market Report 2025: A Review of Market Size, CAGR, Major Growth Drivers and Key Trends
Recreation Global Market Report
What Is The Projected Market Size Of The Global Recreation Market Report 2025 And Its Growth Rate?
The global recreation market has shown strong growth patterns in recent years and anticipates even more significant expansion in the coming years:
• From $1677.97 billion in 2024, the market is expected to grow to $1792.57 billion in 2025 with a CAGR of 6.8%.
• Forecasted growth to $2221.82 billion in 2029 at a CAGR of 5.5%.
• Factors driving this growth include leisure time availability, economic conditions, demographic trends, urbanization, and government policies.
• The upsurge also attributes to trends like virtual and augmented reality experiences, wellness and mindfulness, sustainable recreation, personalized leisure experiences, and inclusive recreation.
What Is Driving The Growth In The Recreation Global Market Report 2025?
The recreation market's growth is majorly driven by stable economic projections in many developed and developing countries. For instance, in 2023, the United States had a GDP of approximately $27.36 trillion, representing about 25.95% of the global economy. The US economy showcased an annual growth rate of 2.90% and a GDP per capita of $65,020.35. Continuous economic growth like this is expected to increase end-user market investments, propelling the recreation market. The rise in affluence allows more consumers to partake in recreational activities, further fueling the market's growth.
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Who Are the Key Players Driving Recreation Global Market Report 2025 Growth?
The dominating market players include:
• The Hong Kong Jockey Club
• The Walt Disney Company
• China Sports Lottery
• China Welfare Lottery
• Sociedad Estatal Loterías y Apuestas del Estado S.A.
• Flutter Entertainment plc
• Cinemark Holdings Inc.
• Tabcorp Holdings Ltd.
• Cineworld Group plc
• Compagnie du Mont-Blanc S.A.
• Compagnie des Alpes S.A.
• Oriental Land Company Ltd.
• Cinplex Inc.
• Gym Group plc
• City Sports & Recreation plc
• Club de Futbol Intercity SAD
• Guangzhou Jinyi Media Corp. A
• Guangdong Jinma Entertainment Corp. Ltd.
• Grupo Sports World S.A.B. de C.V.
• Creative China Holdings Ltd.
• Herschend Family Entertainment Corp.
• Hall of Fame Resort & Entertainment Co.
• Country Club Hospitality & Holidays Ltd.
• Maruhan Corp.
• City Pulse Multiplex Ltd.
What Are The Key Trends In The Recreation Global Market Report 2025?
Major trends influencing the forecast period include:
• Outdoor adventure tourism
• Experiential tourism
• Digital detox retreats
• Culinary and food tourism
• Community-based recreation programs
What Are The Segments Of The Global Recreation Global Market Report 2025?
The report segments the market into:
1) By Type: Amusements, Arts, Sports
2) By Age Group: Aged 35 and Younger, Aged 35-54, Aged 55 and Older
3) By Revenue Source: Media Rights, Merchandising, Tickets and Sponsorship
Which Region Leads The Recreation Global Market Report 2025?
In 2024, Asia-Pacific took the lead as the largest region in the recreation market. Eastern Europe is anticipated to be the fastest-growing region in the forecast period. The coverage expands through Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the recreational market report.
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What Is Covered In The Recreation Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Recreation Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Recreation Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Recreation Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Recreation Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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