Bowling Centers Market by Type (Boutique Bowling Alleys, Family Entertainment Centers, Hybrid Bowling Centers), Application (Gaming Centers, Hotels, Resorts) - Global Forecast 2024-2030

Bowling Centers Market by Type (Boutique Bowling Alleys, Family Entertainment Centers, Hybrid Bowling Centers), Application (Gaming Centers, Hotels, Resorts) - Global Forecast 2024-2030

The Bowling Centers Market size was estimated at USD 6.30 billion in 2023 and expected to reach USD 7.11 billion in 2024, at a CAGR 13.95% to reach USD 15.73 billion by 2030.

Bowling centers are dedicated facilities that house bowling lanes where individuals, groups, and teams can play bowling. These centers serve as recreational venues and often include additional amenities such as food and beverage services, arcade games, and league play opportunities. The primary drivers of the bowling center market include the increasing consumer demand for experiential and leisure activities. The resurgence of interest in outdoor activities among the young demographic has further spurred the popularity of bowling as a social event. Despite positive growth drivers, the bowling center market faces several challenges. High operational costs, including equipment maintenance, real estate, and labor, pose significant barriers to entry and sustainability for center operators. Despite the challenges, diversifying service offerings to include additional entertainment options, such as live music and virtual reality experiences, can attract a broader customer base. Moreover, leveraging digital marketing and social media platforms to promote bowling centers is expected to enhance visibility, attract younger demographics, and open up new growth avenues for the market.

Regional Insights

In the Americas, the bowling centers market has demonstrated steady growth, driven by increasing consumer spending on leisure activities and the rising popularity of bowling as a recreational sport. The United States is at the forefront of the market, supported by a well-developed bowling culture and the presence of major bowling chains. Latin American countries are experiencing gradual growth, with Brazil and Mexico showing particular promise owing to urbanization and expanding middle-class demographics. The bowling centers market in the EMEA region is experiencing moderate growth. Europe is the primary contributor, benefiting from robust leisure spending and a strong existing infrastructure of bowling alleys. The Middle East shows potential for significant expansion, particularly in the Gulf Cooperation Council (GCC) countries, where investments in tourism and entertainment sectors are increasing. However, Africa remains a nascent market with scattered development, mainly concentrated in urban centers and tourist destinations. The APAC region presents dynamic growth opportunities for the bowling centers market, attributed to a burgeoning middle class and an increasing inclination towards lifestyle-oriented leisure activities. The region benefits from rapid urbanization, rising disposable incomes, and a youthful demographic seeking social leisure activities.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Bowling Centers Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Growing popularity of bowling sport as a recreational activity
• Increasing trend of outdoor corporate events

Market Restraints

• High initial investment and maintenance costs of bowling centers

Market Opportunities

• Integration of advanced technologies in bowling centers
• Rising number of new bowling leagues and tournaments

Market Challenges

• Stringent regulatory compliances associated with bowling centers

Market Segmentation Analysis

• Type: Growing popularity of family entertainment centers that appeal to both children and parents
• Application: Increasing integration of bowling and gaming centers to offer comprehensive gaming experiences

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Bowling Centers Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Bowling Centers Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

VICI Properties Inc. Completes Acquisition of 38 Bowling Entertainment Centers in Sale-Leaseback Transaction With Bowlero Corp.

VICI Properties Inc., an experiential real estate investment trust, has acquired the assets of 38 Bowlero Corp. entertainment centers, collectively known as the Bowlero Portfolio, in a sale-leaseback deal valued at USD 432.9 million. This acquisition marks VICI's inaugural venture into the family entertainment sector, diversifying its tenant base across 17 states and enhancing its growth pipeline with Bowlero, renowned for its innovation and leadership in the bowling industry.

Bowlero Corp. Expands In Michigan

Bowlero Corp. announces its definitive agreements to acquire two esteemed Michigan-based venues, Merri-Bowl Lanes in Livonia and BAM! Entertainment Center in Holland. With these acquisitions slated to close in fall 2023, Bowlero Corp. expands its footprint in Michigan to five locations, underscoring its dedication to providing top-tier entertainment nationwide.

Watkins Glen International and Go Bowling to Continue Partnership in Multi-Year Extension

Watkins Glen International announced the continuation of its partnership with Go Bowling through a multi-year extension, reinforcing a bond that has flourished since 2018 and spans a decade across various NASCAR tracks and events since 2013. Go Bowling's partnership has been instrumental in enhancing the spectator experience, contributing to memorable moments alongside NASCAR.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Bowling Centers Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Bowling Centers Market, highlighting leading vendors and their innovative profiles. These include Airway Fun Center, Bay Lanes Bowling, Bowlero Corporation, Clique Lanes, Dave & Buster's, Inc., Deauville Bowling, Gerlach's Bowling Center, Hollywood Bowl Group PLC, Kinebowl, Major Cineplex Group Public Company Limited, Mouffetard, Pinstripes, PrimeTime FEC, Re Bounce, REVS Bowling & Entertainment Co., Round1 Entertainment Inc., SHINJUKU COPABOWL, Smaaash Entertainment Private Limited, South Point Hotel and Casino, Stardust Bowl, Strike Bowling Melbourne Central, Strikes and Spares Entertainment, Suburban Lanes, Switch Bowling Dubai, Tokyo Dome Co., Ltd., and Whitestone Lanes.

Market Segmentation & Coverage

This research report categorizes the Bowling Centers Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Boutique Bowling Alleys
• Family Entertainment Centers
• Hybrid Bowling Centers
• Traditional Bowling Centers
• Application
• Gaming Centers
• Hotels
• Resorts
• Shopping Malls
• Theme Parks

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year