Go-Kart Racing Tracks
The Go-Kart Racing Tracks industry has expanded over the five years to 2017, matching overall trends in consumer spending. As a result of declining unemployment rates, causing a rise in per capita disposable income, consumers have increased discretionary expenditures on entertainment and leisure activities, such as go-kart racing. Go-kart racing is a relatively affordable activity for consumers. Consequently, the industry tends to avoid significant revenue declines during times of economic distress. Although, while the industry tends to avoid heavy volatility in any economic landscape, strong economic improvements significantly drive demand for industry operators. Over the five years to 2022, IBISWorld anticipates that this industry will continues to grow due to the continuation of expanding disposable incomes, which will further stimulate consumer spending on entertainment and leisure. Although leisure time available to consumers is anticipated to remain limited as more individuals return to work, strong disposable income growth is projected to overshadow any decline in leisure time.
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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