Golf Driving Ranges & Family Fun Centres in Canada - Industry Market Research Report
Golf Driving Ranges & Family Fun Centres in Canada
The Golf Driving Ranges and Family Fun Centres industry in Canada has contracted in line with high fixed operational costs and volatility in consumer attendance rates. As consumers' per capita leisure time has dwindled, the high prevalence of time-strapped consumers made it arduous for industry enterprises to attract customers. Fortunately for the industry, rising levels of per capita disposable income have enabled a greater number of Canadians to increase spending on the types of recreational activities offered by industry enterprises. Overall, industry revenue is estimated to wane at an annualized rate of 1.5% to an estimated $2.0 billion over the five years to 2023, despite a 2.0% increase in 2023 alone as demand for fun centres improves following the pandemic-related plummet in 2020.
This industry provides recreational and amusement services through a variety of establishments, including golf driving ranges, miniature golf centres, go-kart racetracks, batting cages, family fun centres, recreational sports leagues and a wide assortment of outdoor recreational activities. The industry excludes arcades, themed amusement parks, gambling facilities, golf courses, country clubs, skiing facilities, marinas, fitness and recreational sports centres and bowling alleys.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance