Go-Kart Racing Tracks in the US - Industry Market Research Report

Go-Kart Racing Tracks in the US - Industry Market Research Report

  • August 2021 •
  • 34 pages •
  • Report ID: 5104053 •
  • Format: PDF
Hit the gas: Industry growth is expected to be limited by external competition

Abstract

Go-Kart Racing Tracks
The Go-Kart Racing Tracks industry has expanded over the five years to 2018, matching overall trends in consumer spending. Unemployment has declined over the past five years, causing a rise in per capita disposable income. As a result, consumers have increased their discretionary expenditure on entertainment and leisure activities such as go-kart racing. Consumer spending has especially risen among young adults and families. Over the five years to 2023, IBISWorld projects this industry to continue to grow. Disposable income is forecast to continue expanding, which will stimulate consumer spending on entertainment and leisure. Although the leisure time available to consumers is anticipated to remain limited as more individuals return to work, strong disposable income growth is projected to overshadow this trend.

This industry provides recreational and amusement services through go-kart racetracks and other related services. Go-kart tracks may be indoor or outdoor.

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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