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

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

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:
AQUA-TREK
BAC Sport Limited
Cap Loisirs
Damai.cn
De Aventura
E.M. Company
Fanatic Sports Pvt. Ltd.
GolfSavers
Golftripz
Hollywood Bowl Group plc

Recent Developments in the Market:
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

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:
Soccer/Football
Cricket
Basketball
Tennis
Hockey
Others
By Type:
Active
Passive

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned
AQUA-TREK
BAC Sport Limited
Cap Loisirs
Damai.cn
De Aventura
E.M. Company
Fanatic Sports Pvt. Ltd.
GolfSavers
Golftripz
Hollywood Bowl Group plc

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