Sports tourism market size to grow by USD 559.75 billion from 2022 to 2027: A Descriptive Analysis of Customer Landscape, Vendor Assessment, & Market Dynamics - Technavio

NEW YORK, Dec. 6, 2022 /PRNewswire/ -- Technavio categorizes the global sports tourism market as a part of the global leisure products industry within the global household durables market. The parent market, the global leisure products market, covers a variety of categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games. The global sports tourism market size is estimated to increase by USD 559.75 billion from 2022 to 2027. The market's growth momentum will accelerate at a CAGR of 12.88%.

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Global sports tourism market - Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global sports tourism market - Vendor analysis

Vendor landscape - The global sports tourism market is highly fragmented due to the presence of several global, regional, and local players competing with each other. Key players in the sports tourism market have relied on strategies such as events and sports business expansion, to expand their market share and to stay relevant in the global sports tourism market. 

ATPI Ltd., BAC Sports Ltd., DTB Sports Management Ltd., Fanatic Sports Pvt. Ltd., Gala Management Services Ltd., Global Sports Travel and Tours Pty Ltd., International Sports Management Inc., ITC Travel Group, JTB India Pvt. Ltd., KNT CT Holdings, Match Hospitality AG, QuintEvents LLC, Sports Tours International Ltd. are some of the major market participants.

Vendor Offerings -

• BAC Sports Ltd. - The company offers sports tourism such as rugby, tennis, golf and football sporting events.
• DTB Sports Hospitality and Event Management Ltd. - The company offers sports tourism services such as including tickets and corporate hospitality.
• International Sports Management Inc. - The company offers sports tourism such as local and international.
• MATCH Hospitality AG - The company offers sports tourism services such as sporting events and hospitality.

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Global sports tourism market - Segmentation Assessment

Geography Overview

By geography, the global sports tourism market is segmented into Europe, APAC, North America, South America, and the Middle East and Africa. The report provides actionable insights and an accurate estimation of the contribution of all regions to the growth of the global sports tourism market.

• Europe will account for 40% of the market's growth during the forecast period. Europe is the major market for sports tourism as a large number of sports events are organized in the region. Various sporting teams and events have a good following and participation from people, both as participants and spectators. The governments of several countries, such as the UK, also encourage people to adopt a healthy lifestyle and take up different sports.
• The Government of the UK has encouraged a sporting culture among school students in the country through partnerships with major sporting organizations in the country, such as the PREMIER LEAGUE, the Rugby Football Union, and England Hockey to provide students with opportunities in competitive sports. Thus, the sporting culture in the region has a very high penetration among the general public. 

Segment Overview

By type, the global sports tourism market is segmented into domestic sports tourism and international sports tourism.

• Domestic sports tourism is the most popular type segment in the market. In domestic sports tourism, tourists travel to various sports events organized in their respective countries as participants or spectators. Many domestic sports leagues are held across the globe. These sports leagues have a higher proportion of domestic tourists due to the easy availability of intra-region transportation, the convenience of using a uniform regional or national currency, and familiarity with the culture and languages. An increasing number of sports teams are aiding the transportation of their fans across different venues. Download a sample report

Global sports tourism market – Market dynamics

• Impactful Driver - The increasing number of sporting events is a key factor driving the global sports tourism market growth. The market is experiencing growth due to the rise in the number of sporting events across the world. Major national and international sports tournaments and events are being planned and conducted to promote sports tourism. New tournaments in existing venues are being conducted to attract more spectators, and new venues are being built to host existing tournaments to expand the reach and popularity of sports. An increase in the number of sporting events will help in attracting more visitors to the places wherever these sports are held, leading to the growth of the sports tourism industry during the forecast period.
• Key Trend - The development of VR technology is a primary trend supporting the sports tourism market. VR refers to the creation of interactive and simulated environments using computers and software. These environments allow users to participate in virtual activities through simulations. The simulations allow interactions with other participants. The participants can experience life-like scenarios on a virtual plane. The technology is in its nascent stages. However, an increasing number of service providers are focusing on adopting VR technology to give an immersive viewing experience of sports tournaments to their customers.
• Major challenge - The cancelation of sports events due to financial constraints is a major challenge to the global sports tourism market growth. Sports tourism is dependent on the hosting of sports events that attract tourists from various regions. However, hosting sports events requires strong financial backing from investors. Investor support is required for organizing, managing, and marketing sports leagues. The various costs associated with it include marketing expenses, player and staff expenses, and infrastructure expenses. Thus, the cancelation of sports events due to the financial constraints faced by franchisee teams can be a major challenge to the market in focus during the forecast period.

Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find few insights from , a free sample report!

What are the key data covered in this sports tourism market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the sports tourism market between 2023 and 2027
• Precise estimation of the sports tourism market size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the sports tourism industry across North America, APAC, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of sports tourism market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Market Segmentation by Area
• Exhibit 08: Executive Summary – Chart on Incremental Growth
• Exhibit 09: Executive Summary – Data Table on Incremental Growth
• Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 11: Parent market
• Exhibit 12: Market Characteristics

3 Market Sizing

• 3.1 Market Definition
• Exhibit 13: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 14: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global sports tourism market 2017 - 2021 
• Exhibit 19: Historic Market Size – Data Table on Global sports tourism market 2017 - 2021 ($ billion)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 23: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 24: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 25: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 26: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 27: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 28: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 29: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 30: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 31: Chart on Type - Market share 2022-2027 (%)
• Exhibit 32: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 33: Chart on Comparison by Type
• Exhibit 34: Data Table on Comparison by Type

• 6.3 Domestic sports tourism - Market size and forecast 2022-2027 
• Exhibit 35: Chart on Domestic sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Data Table on Domestic sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 37: Chart on Domestic sports tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Domestic sports tourism - Year-over-year growth 2022-2027 (%)

• 6.4 International sports tourism - Market size and forecast 2022-2027 
• Exhibit 39: Chart on International sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Data Table on International sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 41: Chart on International sports tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 42: Data Table on International sports tourism - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 43: Market opportunity by Type ($ billion)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 44: Chart on Product - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 46: Chart on Comparison by Product
• Exhibit 47: Data Table on Comparison by Product

• 7.3 Soccer tourism - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Soccer tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Soccer tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Soccer tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Soccer tourism - Year-over-year growth 2022-2027 (%)

• 7.4 Cricket tourism - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Cricket tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Cricket tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Cricket tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Cricket tourism - Year-over-year growth 2022-2027 (%)

• 7.5 Tennis tourism - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Tennis tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Tennis tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Tennis tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Tennis tourism - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Product 
• Exhibit 64: Market opportunity by Product ($ billion)

8 Market Segmentation by Area

• 8.1 Market segments
• Exhibit 65: Chart on Area - Market share 2022-2027 (%)
• Exhibit 66: Data Table on Area - Market share 2022-2027 (%)

• 8.2 Comparison by Area
• Exhibit 67: Chart on Comparison by Area
• Exhibit 68: Data Table on Comparison by Area

• 8.3 Passive sports tourism - Market size and forecast 2022-2027 
• Exhibit 69: Chart on Passive sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on Passive sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on Passive sports tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Passive sports tourism - Year-over-year growth 2022-2027 (%)

• 8.4 Active sports tourism - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Active sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Active sports tourism - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Active sports tourism - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Active sports tourism - Year-over-year growth 2022-2027 (%)

• 8.5 Market opportunity by Area 
• Exhibit 77: Market opportunity by Area ($ billion)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation 
• Exhibit 79: Chart on Market share by geography 2022-2027 (%)
• Exhibit 80: Data Table on Market share by geography 2022-2027 (%)

• 10.2 Geographic comparison 
• Exhibit 81: Chart on Geographic comparison
• Exhibit 82: Data Table on Geographic comparison

• 10.3 Europe - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 10.4 APAC - Market size and forecast 2022-2027 
• Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 10.5 North America - Market size and forecast 2022-2027 
• Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 10.6 South America - Market size and forecast 2022-2027 
• Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 10.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 10.8 US - Market size and forecast 2022-2027 
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 10.9 Germany - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 10.10 UK - Market size and forecast 2022-2027 
• Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 10.11 France - Market size and forecast 2022-2027 
• Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)

• 10.12 Japan - Market size and forecast 2022-2027 
• Exhibit 119: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 120: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 121: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 122: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 10.13 Market opportunity by geography 
• Exhibit 123: Market opportunity by geography ($ billion)

11 Drivers, Challenges, and Trends

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges 
• Exhibit 124: Impact of drivers and challenges in 2022 and 2027

• 11.4 Market trends

12 Vendor Landscape

• 12.1 Overview

• 12.2 Vendor landscape
• Exhibit 125: Overview on Criticality of inputs and Factors of differentiation

• 12.3 Landscape disruption
• Exhibit 126: Overview on factors of disruption

• 12.4 Industry risks
• Exhibit 127: Impact of key risks on business

13 Vendor Analysis

• 13.1 Vendors covered
• Exhibit 128: Vendors covered

• 13.2 Market positioning of vendors 
• Exhibit 129: Matrix on vendor position and classification

• 13.3 ATPI Ltd.
• Exhibit 130: ATPI Ltd. - Overview
• Exhibit 131: ATPI Ltd. - Product / Service
• Exhibit 132: ATPI Ltd. - Key offerings

• 13.4 BAC Sports Ltd.
• Exhibit 133: BAC Sports Ltd. - Overview
• Exhibit 134: BAC Sports Ltd. - Product / Service
• Exhibit 135: BAC Sports Ltd. - Key offerings

• 13.5 DTB Sports Management Ltd. 
• Exhibit 136: DTB Sports Management Ltd. - Overview
• Exhibit 137: DTB Sports Management Ltd. - Product / Service
• Exhibit 138: DTB Sports Management Ltd. - Key offerings

• 13.6 Fanatic Sports Pvt. Ltd. 
• Exhibit 139: Fanatic Sports Pvt. Ltd. - Overview
• Exhibit 140: Fanatic Sports Pvt. Ltd. - Product / Service
• Exhibit 141: Fanatic Sports Pvt. Ltd. - Key offerings

• 13.7 Gala Management Services Ltd. 
• Exhibit 142: Gala Management Services Ltd. - Overview
• Exhibit 143: Gala Management Services Ltd. - Product / Service
• Exhibit 144: Gala Management Services Ltd. - Key offerings

• 13.8 Global Sports Travel and Tours Pty Ltd. 
• Exhibit 145: Global Sports Travel and Tours Pty Ltd. - Overview
• Exhibit 146: Global Sports Travel and Tours Pty Ltd. - Product / Service
• Exhibit 147: Global Sports Travel and Tours Pty Ltd. - Key offerings

• 13.9 International Sports Management Inc. 
• Exhibit 148: International Sports Management Inc. - Overview
• Exhibit 149: International Sports Management Inc. - Product / Service
• Exhibit 150: International Sports Management Inc. - Key offerings

• 13.10 ITC Travel Group
• Exhibit 151: ITC Travel Group - Overview
• Exhibit 152: ITC Travel Group - Product / Service
• Exhibit 153: ITC Travel Group - Key offerings

• 13.11 JTB India Pvt. Ltd.
• Exhibit 154: JTB India Pvt. Ltd. - Overview
• Exhibit 155: JTB India Pvt. Ltd. - Product / Service
• Exhibit 156: JTB India Pvt. Ltd. - Key offerings

• 13.12 Match Hospitality AG
• Exhibit 157: Match Hospitality AG - Overview
• Exhibit 158: Match Hospitality AG - Product / Service
• Exhibit 159: Match Hospitality AG - Key offerings

• 13.13 QuintEvents LLC
• Exhibit 160: QuintEvents LLC - Overview
• Exhibit 161: QuintEvents LLC - Product / Service
• Exhibit 162: QuintEvents LLC - Key offerings

• 13.14 Sports Tours International Ltd. 
• Exhibit 163: Sports Tours International Ltd. - Overview
• Exhibit 164: Sports Tours International Ltd. - Product / Service
• Exhibit 165: Sports Tours International Ltd. - Key offerings

• 13.15 Sports Travel and Hospitality Group Ltd. 
• Exhibit 166: Sports Travel and Hospitality Group Ltd. - Overview
• Exhibit 167: Sports Travel and Hospitality Group Ltd. - Product / Service
• Exhibit 168: Sports Travel and Hospitality Group Ltd. - Key offerings

• 13.16 Sportsnet Corp. Pty Ltd. 
• Exhibit 169: Sportsnet Corp. Pty Ltd. - Overview
• Exhibit 170: Sportsnet Corp. Pty Ltd. - Product / Service
• Exhibit 171: Sportsnet Corp. Pty Ltd. - Key offerings

• 13.17 travelOsports
• Exhibit 172: travelOsports - Overview
• Exhibit 173: travelOsports - Product / Service
• Exhibit 174: travelOsports - Key offerings

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist 
• Exhibit 175: Inclusions checklist
• Exhibit 176: Exclusions checklist

• 14.3 Currency conversion rates for US$ 
• Exhibit 177: Currency conversion rates for US$

• 14.4 Research methodology
• Exhibit 178: Research methodology
• Exhibit 179: Validation techniques employed for market sizing
• Exhibit 180: Information sources

• 14.5 List of abbreviations 
• Exhibit 181: List of abbreviations

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