Golf Driving Ranges & Family Fun Centers in the US
Over the five years to 2018, the Golf Driving Ranges and Family Fun Centers industry exhibited strong revenue growth, despite a decline in leisure time available to consumers. Improved disposable income levels during the five-year period enabled US consumers to increase their entertainment purchases. However, the industry has contended with competition from alternative leisure activities, such as video games, which has driven operators to focus on convenience and customer experience. Per capita disposable income levels and consumer spending are anticipated to increase over the next five years; however, projected declines in consumer confidence are projected to temper the effects of this growth. Overall however, revenue is expected to rise over the five years to 2023.
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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