Athletic Event Organizers in the US - Industry Market Research Report
Athletic Event Organizers in the USAthletic event organizers plan and run athletic events that don't require facilities, like marathons, cycling competitions and obstacle courses. Over the five years to 2023, the industry benefited from increased corporate spending on employee wellness events, like company-hosted races. Events tailored toward sports enthusiasts and large-scale marathons increased in popularity during the period. Combined with positive conditions in the US economy that encourage spending on events, like rising consumer spending and advertising expenditure, these trends enabled the industry to expand. In 2020, the industry was negatively impacted by the COVID-19 pandemic, which caused cancelations of public gatherings, like those organized by operators. Over the five years to 2023, revenue has been rising at a CAGR of 1.3% and is expected to reach $4.3 billion, with industry revenue expected to have fallen 46.4% in 2020. Revenue is expected to grow 3.2% in 2023 alone. The average profit margin is also expected to have plummeted as a result of the pandemic, and may partially recover by 2023.
This industry provides event management services for sporting events without facilities, such as marathons and triathlons. Companies in this industry also offer logistical, operational and marketing services.
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
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON JARGON & GLOSSARY GLOSSARY