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

Golf Driving Ranges & Family Fun Centers in the US

The Golf Driving Ranges and Family Fun Centers industry is characterized by an extremely low level of market share concentration. Low market share concentration can be attributed to the industry being highly fragmented, consisting of many small businesses. Most industry enterprises are independently owned and operate a single establishment. Topgolf International Inc. is one of the largest companies operating in the industry.

Low barriers to entry expand number of companies

Barriers to entry for the Golf Driving Ranges and Family Fun Centers industry are low. Government regulations increase costs for new operators but are not considered to be relatively substantial barriers to entry. Barriers to entry for industry operators include rent costs, zoning laws, lengthy permit processes and a shortage of appropriate real estate. Due to the relative ease of entering the industry it is highly fragmented, resulting in no major players.

Competition thrives on technology, customer service and pricing

Industry operators compete internally based on type of facility, level of technology, facility location, customer service and pricing. Patrons of family fun centers typically seek competitive pricing, easy access to facilities and the latest equipment or trending activity. Many recreational clubs emphasize customer service as a point of differentiation and critical part of creating an excellent customer experience.

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.


TABLE OF CONTENTS

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 & GLOSSARY

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