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Global Sports Tourism Market to reach USD 1818.73 billion by the end of 2029.

Global Sports Tourism Market Size study & Forecast, by Sports Type (Soccer/Football, Cricket, Basketball, Tennis, Hockey, Others), by Type (Active, Passive, Nostalgia) and Regional Analysis, 2022-2029

Product Code: OIRTT-95338069
Publish Date: 17-04-2023
Page: 200

Global Sports Tourism Market is valued approximately USD 500.57 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 17.50% over the forecast period 2022-2029. Tourism, Travel, and sports are all interconnected. Whether it’s fans travelling to a country to see a global sports league or professional athletes and officials visiting competitions and events, sports tourism is already a well-established niche segment in the travel industry. The driving factor for the market are rising investment in the development of sports ground.

Regarding sport type, the soccer/football segment of the sports tourism market holds a disproportionate amount of market share, and it is projected that this trend will continue during the projection period. The most popular sport in the world is American football. Football is one of the most watched sports in the nation, with between 390 million and 410 million fans worldwide, the bulk of them are in the United States. The highest American football league is the National Football League (NFL), which has 32 teams divided evenly between the National Football Conference (NFC) and the American Football Conference (AFC). However, the high cost of Sports Tourism stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Sports Tourism Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The increasing number of athletes, sporting events, and international travelers, Europe held the biggest revenue share in 2021. The biggest markets in Europe, such as France, Germany, and the United Kingdom, also offer the most promise for the area. Denmark, Austria, Finland, and Spain all have smaller populations, but their residents move more for sports. During the forecast period, Asia Pacific is anticipated to expand at the fastest CAGR. India and China are helping to fuel the expansion. Some of the factors influencing the growth of the business include the expanding market for sporting events, rising per capita income, an expanding middle class, and rising disposable income. Additionally, it is anticipated that the growing popularity of foreign sporting events like the Tokyo Olympics and Cricket World Cup will further fuel market expansion.

Major market player included in this report are:
BAC Sport Limited
Cap Loisirs
De Aventura
E.M. Company
Fanatic Sports Pvt. Ltd.
Hollywood Bowl Group plc
Recent Developments in the Market:
Ø The Men’s FIH Pro League, an annual international men’s field hockey tournament, was established by the International Hockey Federation in 2019.

Global Sports Tourism Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Sports Type, Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Sports Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Sports Type:
By Type:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Sports Tourism Market, by Region, 2019-2029 (USD Billion)
1.2.2. Sports Tourism Market, by Sports Type, 2019-2029 (USD Billion)
1.2.3. Sports Tourism Market, by Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Sports Tourism Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Sports Tourism Market Dynamics
3.1. Sports Tourism Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing investment in development of sports ground Rising number of sports events
3.1.2. Market Challenges High Cost of Sports Tourism
3.1.3. Market Opportunities Growing initiatives by the government
Chapter 4. Global Sports Tourism Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Sports Tourism Market, by Sports Type
6.1. Market Snapshot
6.2. Global Sports Tourism Market by Sports Type, Performance – Potential Analysis
6.3. Global Sports Tourism Market Estimates & Forecasts by Sports Type 2019-2029 (USD Billion)
6.4. Sports Tourism Market, Sub Segment Analysis
6.4.1. Soccer/Football
6.4.2. Cricket
6.4.3. Basketball
6.4.4. Tennis
6.4.5. Hockey
6.4.6. Others
Chapter 7. Global Sports Tourism Market, by Type
7.1. Market Snapshot
7.2. Global Sports Tourism Market by Type, Performance – Potential Analysis
7.3. Global Sports Tourism Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
7.4. Sports Tourism Market, Sub Segment Analysis
7.4.1. Active
7.4.2. Passive
Chapter 8. Global Sports Tourism Market, Regional Analysis
8.1. Sports Tourism Market, Regional Market Snapshot
8.2. North America Sports Tourism Market
8.2.1. U.S. Sports Tourism Market Sports Type breakdown estimates & forecasts, 2019-2029 Type breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Sports Tourism Market
8.3. Europe Sports Tourism Market Snapshot
8.3.1. U.K. Sports Tourism Market
8.3.2. Germany Sports Tourism Market
8.3.3. France Sports Tourism Market
8.3.4. Spain Sports Tourism Market
8.3.5. Italy Sports Tourism Market
8.3.6. Rest of Europe Sports Tourism Market
8.4. Asia-Pacific Sports Tourism Market Snapshot
8.4.1. China Sports Tourism Market
8.4.2. India Sports Tourism Market
8.4.3. Japan Sports Tourism Market
8.4.4. Australia Sports Tourism Market
8.4.5. South Korea Sports Tourism Market
8.4.6. Rest of Asia Pacific Sports Tourism Market
8.5. Latin America Sports Tourism Market Snapshot
8.5.1. Brazil Sports Tourism Market
8.5.2. Mexico Sports Tourism Market
8.6. Rest of The World Sports Tourism Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. AQUA-TREK Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. BAC Sport Limited
9.2.3. Cap Loisirs
9.2.4. Damai.cn
9.2.5. De Aventura
9.2.6. E.M. Company
9.2.7. Fanatic Sports Pvt. Ltd.
9.2.8. GolfSavers
9.2.9. Golftripz
9.2.10. Hollywood Bowl Group plc
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
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