The Business Research Company’s global recreation market
analysis covers the year-on-year growth of the global recreation market
historic and forecast growth. It also includes chapters on the recreation
market trends, geographical analysis, and competitive landscape.
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https://www.thebusinessresearchcompany.com/report/recreation-global-market-report-2018
The global recreation market is forecast to grow at a CAGR (compound annual
growth rate) of around 5% by 2020.
Recreation Market Segmentation
According to TBRC’s global recreation market research, the market
is split by segments into Sports, Arts and Amusements.
Sports includes sports teams or clubs
and independent athletes primarily involved in presenting sporting events
before a paying audience. It is the largest segment with a market share of 40%.
Arts includes establishments that
operate facilities or provide services for cultural, entertainment and
recreational interests such as producing live performances or events, and
preserving and exhibiting objects of historical interests of patrons.
Amusements includes establishments
involved in providing facilities for recreation, amusement, and gambling
activities, and operating sports teams, clubs, or leagues, involved in playing
games for recreational purposes.
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Amusements
had the highest CAGR (compound annual growth rate) of around 7% during
2013-2017; this segment is expected to grow at a CAGR of 6.5% during 2017-2021.
This high growth rate can be attributed to growing number of amusement parks in
Asia Pacific region especially in countries such as China and Japan. Increased
disposable income in many developing economies was one of the major factors for
rapid growth of this market.
The global recreation market report covers the following regions
under the geographical analysis section: Asia Pacific, Western Europe, North
America, Middle East, Africa, South America, and Eastern Europe. Major
countries under each of these regions are also covered under the country
analysis chapters.
The global Sports, Arts and Amusements. market’s
segment shares in each geographic region are mentioned in the report, along
with the historic and forecast growth rates for each segment presented visually
with supporting reasons to justify the growth rates.
The top companies included in the report are Walt Disney Company,
Las Vegas Sands, Universal Studios, MGM Resorts, and Merlin Entertainment Group.
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