Golf Driving Ranges & Family Fun Centers in the US - Industry Market Research Report

Golf Driving Ranges & Family Fun Centers in the US - Industry Market Research Report

  • February 2019 •
  • 36 pages •
  • Report ID: 209223 •
  • Format: PDF

Barrel of fun: Innovative offerings and rising disposable income will drive industry demand

Abstract

Golf Driving Ranges & Family Fun Centers in the US
Operators in the Golf Driving Ranges and Family Fun Centers industry offer a variety of recreation and amusement services, including golf driving ranges, miniature golf centers, go-kart tracks, batting cages and more. Over the five years to 2019, the industry has experienced robust growth as more consumers have returned to work, resulting in rising levels of disposable income and consumer confidence. The result has been more consumers willing to spend a greater amount on leisure activities, including those offered by industry operators. The industry is forecast to continue expanding over the next five years, albeit at a slightly slower rate. This is largely due to anticipated declines in consumer confidence over the next five years and sluggish growth in the amount of time consumers spend on leisure and sports. However, per capita disposable income is forecast to continue rising, buffering the industry from greater setbacks. Additionally, operators are expected to continue increasing the value of the experience offered by investing in new and varied attractions and games.

Industry operators provide recreational and amusement services through a variety of establishments, including golf driving ranges, miniature golf centers, go-kart racetracks, batting cages, family fun centers, recreational sports leagues and a wide assortment of outdoor recreational activities. This industry excludes arcades, themed amusement parks, gambling facilities, golf courses, country clubs, skiing facilities, marinas, fitness and recreational sports centers 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.
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