Sports Tourism Market Size, Emerging Trends and Future Strategies 2032

Sports Tourism Market Size- By Type, By Product, By Category- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Nov 2022 Base Year: 2021 Report ID: TRAT2201
Available Format: Historical Data: 2019 - 2020 Number of Pages: 1 - 215
Category : Travel & Tourism
Global Sports Tourism Market Overview:

According to SPER Market Research, the Global Sports Tourism Market is estimated to reach USD 2021.52 billion by 2032 with a CAGR of 16.5%. 

Travel, tourism, and sports are all intertwined. Whether it's fans traveling abroad to see a major sports league or professional players and officials visiting competitions and events, sports tourism is already a well-established niche segment in the travel industry. The tourist sector is growing quickly. Traveling is a great way to break up the monotony of daily living. To break up the monotony of life, many individuals opt to take a short or extended vacation. The meaning of tourism, however, changes as a generation becomes older and leans more toward adventure. The X and Y generations are drawn to traditional culture, values, food, monuments, and lifestyles because they provide visitors with an unforgettable and enduring experience. Sports events are popular in nations like the United Kingdom, the United States, Germany, Australia, Spain, and France, which draw both local and foreign tourists from all over the world. The development of infrastructure in many emerging nations, like Brazil, Sri Lanka, and India, is predicted to fuel the growth of the global sports tourism industry. 



There are several reasons why sporting events are postponed, including a lack of funding. Planning a sporting event requires a sizable time and financial commitment. Sports events require a considerable financial commitment since they are arranged by a huge number of individuals. Sports event planners regularly engage in overt commercialism and bad financial management, making ill-advised choices about ticket prices and sponsors. Franchise-based sports leagues include the Big Bash League, Pakistan Super League, and Indian Premier League (IPL). On the other side, event cancellations brought on by a lack of financial support for franchise owner teams may hurt the sports tourism industry. As a result, the sports tourism business would expand more slowly if athletic events are postponed because of a lack of funding.

Impact of COVID-19 on the Global Sports Tourism Market 
Three possible consequences of COVID-19 on the world economy are a direct influence on supply and demand, market and supply chain disruption, and a financial impact on companies and financial markets. Travel restrictions, flight cancellations, restaurant closures, quarantines, and the prohibition of all indoor activities in several countries are just a few examples of the extensive effects the COVID-19 pandemic has had. As a result, there has been a significant decrease in the volatility of the sports tourism market, a decline in company confidence, a rise in public fear, and concern about the future.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Product, By Indication, By Distribution Channel
 Geographies coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredATPI Ltd., BAC Sports Ltd., Club Europe Holidays Ltd., DTB Sports Management Ltd., Event Management Ltd., Fanatic Sports Pvt. Ltd., Gala Management Services Ltd., Global Sports Travel and Tours Pty Ltd., Great Atlantic Sports Travel, Gullivers Sports Travel Ltd., Inspiresport, International Sports Management Inc., ITC Travel Group, JTB India Pvt. Ltd., KNT CT Holdings, MATCH Hospitality, QuintEvents LLC, Sports Tours International Ltd., Sports travel & hospitality group Ltd., Sportsnet Corp. Pty Ltd., The Hospitality Group, Thomas Cook India Ltd., TravelOsports, Veda Sports Marketing Pvt. Ltd., Victory Sports Tours.
Global Sports Tourism Market Segmentation:

By Type: Based on the Type, Global Sports Tourism Market is segmented as; Domestic Sports Tourism, International Sports Tourism.

By Product: Based on the Product, Global Sports Tourism Market is segmented as; Cricket Tourism, Motorsport Tourism, Soccer/Football Tourism, Tennis Tourism, Others.

By Category: 
Based on the Category, Global Sports Tourism Market is segmented as; Active Sports Tourism, Passive Sports Tourism.

By Region: Due to rising disposable incomes, a growing population, and the increasing importance of sports in important nations like Canada and the United States, Asia Pacific is anticipated to account for the largest revenue share over the forecast period. Governments in the region are starting to develop strategies and providing investments for the improvement of sports infrastructure, including stadiums, clubs, playing fields, and other facilities. Over the projected period, this important element is anticipated to fuel the market for sports tourism's revenue growth.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Sports Tourism Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Sports Tourism Market, By Type, 2019-2032 (USD Million)
6.1. Domestic Sports Tourism
6.2. International Sports Tourism

7. Global Sports Tourism Market, By Product, 2019-2032 (USD Million)
7.1. Cricket Tourism
7.2. Motorsport Tourism
7.3. Soccer/Football Tourism
7.4. Tennis Tourism
7.5. Others

8. Global Sports Tourism Market, By Category, 2019-2032 (USD Million)
8.1. Active Sports Tourism
8.2. Passive Sports Tourism

9. Global Sports Tourism Market, By Region, 2019-2032 (USD Million)
9.1 North America
9.1.1 United States
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 Germany
9.2.2 United Kingdom
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Rest of Europe
9.3 Asia-Pacific
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 Australia
9.3.5 South Korea
9.3.6 Rest of Asia-Pacific
9.4 South America
9.4.1 Brazil
9.4.2 Argentina
9.4.3 Rest of South America
9.5 Middle East & Africa
9.5.1 Kingdom of Saudi Arabia 
9.5.2 United Arab Emirates
9.5.3 Rest of Middle East & Africa

10. Company Profiles
10.1 ATPI Ltd.
10.1.1 Company details 
10.1.2 Financial outlook
10.1.3 Product summary 
10.1.4 Recent developments

10.2 BAC Sports Ltd.
10.2.1 Company details 
10.2.2 Financial outlook
10.2.3 Product summary 
10.2.4 Recent developments

10.3 Club Europe Holidays Ltd.
10.3.1 Company details 
10.3.2 Financial outlook
10.3.3 Product summary 
10.3.4 Recent developments

10.4 DTB Sports Management Ltd.
10.4.1 Company details 
10.4.2 Financial outlook
10.4.3 Product summary 
10.4.4 Recent developments

10.5 Event Management Ltd.
10.5.1 Company details 
10.5.2 Financial outlook
10.5.3 Product summary 
10.5.4 Recent developments

10.6 Fanatic Sports Pvt. Ltd.
10.6.1 Company details 
10.6.2 Financial outlook
10.6.3 Product summary 
10.6.4 Recent developments

10.7 Gala Management Services Ltd.
10.7.1 Company details 
10.7.2 Financial outlook
10.7.3 Product summary 
10.7.4 Recent developments

10.8 Global Sports Travel and Tours Pty Ltd.
10.8.1 Company details 
10.8.2 Financial outlook
10.8.3 Product summary 
10.8.4 Recent developments

10.9 Great Atlantic Sports Travel
10.9.1 Company details 
10.9.2 Financial outlook
10.9.3 Product summary 
10.9.4 Recent developments

10.10 Gullivers Sports Travel Ltd.
10.10.1 Company details 
10.10.2 Financial outlook
10.10.3 Product summary 
10.10.4 Recent developments

10.11 Inspiresport
10.11.1 Company details 
10.11.2 Financial outlook
10.11.3 Product summary 
10.11.4 Recent developments

10.12 International Sports Management Inc.
10.12.1 Company details 
10.12.2 Financial outlook
10.12.3 Product summary 
10.12.4 Recent developments

10.13 ITC Travel Group
10.13.1 Company details 
10.13.2 Financial outlook
10.13.3 Product summary 
10.13.4 Recent developments

10.14 JTB India Pvt. Ltd.
10.14.1 Company details 
10.14.2 Financial outlook
10.14.3 Product summary 
10.14.4 Recent developments

10.15 KNT CT Holdings
10.15.1 Company details 
10.15.2 Financial outlook
10.15.3 Product summary 
10.15.4 Recent developments

10.16 MATCH Hospitality
10.16.1 Company details 
10.16.2 Financial outlook
10.16.3 Product summary 
10.16.4 Recent developments

10.17 QuintEvents LLC
10.17.1 Company details 
10.17.2 Financial outlook
10.17.3 Product summary 
10.17.4 Recent developments

10.18 Sports Tours International Ltd.
10.18.1 Company details 
10.18.2 Financial outlook
10.18.3 Product summary 
10.18.4 Recent developments

10.19 Sports travel & hospitality group Ltd.
10.19.1 Company details 
10.19.2 Financial outlook
10.19.3 Product summary 
10.19.4 Recent developments

10.20 Sportsnet Corp. Pty Ltd.
10.20.1 Company details 
10.20.2 Financial outlook
10.20.3 Product summary 
10.20.4 Recent developments

10.21 The Hospitality Group
10.21.1 Company details 
10.21.2 Financial outlook
10.21.3 Product summary 
10.21.4 Recent developments

10.22 Thomas Cook India Ltd.
10.22.1 Company details 
10.22.2 Financial outlook
10.22.3 Product summary 
10.22.4 Recent developments

10.23 TravelOsports
10.23.1 Company details 
10.23.2 Financial outlook
10.23.3 Product summary 
10.23.4 Recent developments

10.24 Veda Sports Marketing Pvt. Ltd.
10.24.1 Company details 
10.24.2 Financial outlook
10.24.3 Product summary 
10.24.4 Recent developments

10.25 Victory Sports Tours
10.26 Company details 
10.27 Financial outlook
10.28 Product summary 
10.29 Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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SPER-Methodology-2

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Frequently Asked Questions About This Report
The Sports Tourism Market grew in market size from 2021. The Market is expected to reach USD 2021.52 billion by 2032, at a CAGR of 16.5% during the forecast period.
The Sports Tourism Market CAGR of 16.5% during the forecast period.
You can get the sample pages by clicking the link - Click Here
The Sports Tourism Market size is USD 2021.52 billion from 2022 to 2032.
The Sports Tourism Market segment is Covered By Product, By Indication, By Distribution Channel.
The North America region is anticipated to have the highest market share in the Sports Tourism Market.
Sports events need a significant financial investment since they are organised by a large number of people. Sports event organisers are frequently guilty of overt commercialism and poor financial management, making rash decisions on ticket prices and sponsors.
The Sports Tourism Market is projected to reach USD 2021.52 billion by 2032, growing at a CAGR of 16.5% during the forecast period.
The key players in the market include Companies Covered ATPI Ltd., BAC Sports Ltd., Club Europe Holidays Ltd., DTB Sports Management Ltd., Event Management Ltd., Fanatic Sports Pvt. Ltd., Gala Management Services Ltd., Global Sports Travel and Tours Pty Ltd., Great Atlantic Sports Travel, Gullivers Sports Travel Ltd., Inspiresport, International Sports Management Inc., ITC Travel Group, JTB India Pvt. Ltd., KNT CT Holdings, MATCH Hospitality, QuintEvents LLC, Sports Tours International Ltd., Sports travel & hospitality group Ltd., Sportsnet Corp. Pty Ltd., The Hospitality Group, Thomas Cook India Ltd., TravelOsports, Veda Sports Marketing Pvt. Ltd., Victory Sports Tours.
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