The Global Participatory Sports Market Was Valued At USD 292 Billion In 2017
Posted by praneeth on July 24th, 2018
This segment includes Golf Courses and Country Clubs, Skiing Facilities, Marinas, Fitness and Recreational Sports Centres and Bowling Centres. Golf Courses and Country Clubs operate golf courses along with dining facilities that are generally known as country clubs. Skiing Facilities operates ski lifts and tows in downhill, cross-country, or related skiing areas. Bowling Centres operates bowling centres and often provide food and beverage services. Fitness and Recreational Sports Centres operates fitness and recreational sports facilities featuring exercise and other active physical fitness conditioning or recreational sports activities such as swimming, skating, or racquet sports.
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The global participatory sports market was valued at USD 292 billion in 2017. The reason for the substantial growth is that the fitness and health clubs are now offering instructor-led group fitness classes combining workout formats. These combined formats mix traditional exercises to make exercising fun for people.
Popular combined fitness formats include cycling and boxing, treadmill running and strength training and rowing and body weight training. For example, hashing, ZUU, clubbers, gorilla circus and Zumba step are some of the common activities used in combined fitness formats.
The market can be easily segmented into golf courses and country clubs; skiing facilities; marinas; fitness and recreational sports centers; bowling centers; others.
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The USA was the largest country accounting for one-fifth of the global participatory sports market. This can be attributed to huge popularity of sporting events and amusement parks among the population, high disposable income and government policies that support recreation activities.
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About the Authorpraneeth
Joined: June 6th, 2018
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