Travel & Leisure
Sports Facilities in the UK - Industry Market Research Report
Sports Facilities in the UK - Industry Market Research Report
Sports Facilities in the UK - Industry Market Research Report
Sports Facilities in the UK
Sports facilities revenue is anticipated to drop at a compound annual rate of 5.6% to £4.8 billion over the five years through 2023-24, hit by greater competition from substitute activities and weak economic conditions. Popular sporting events like the 2019 Cricket World Cup and the UEFA Euro 2020 have supported rental and leasing income from clubs. Efforts made by the government to encourage sport participation, like Sporting Future and Towards an Active Nation, have improved attitudes towards sport, lifting demand for sports facilities.
Companies within this industry operate indoor or outdoor sports facilities. These facilities and stadiums may be open, closed or covered, and may or may not have spectator seating. Sports facility operators organise and operate outdoor and indoor sports events for clients. They also manage and provide facilities staff.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.