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Spectator Sports in Canada - Industry Market Research Report

Publisher IBISWorld
Published Nov 25, 2024
Length 70 Pages
SKU # IBSS19493137

Description

Spectator Sports in Canada - Industry Market Research Report


Spectator Sports in Canada

Sports franchises in Canada entertain millions of Canadian consumers on an annual basis and the diversity of service offerings typically helps to stabilize their collective performance. There are few industry-specific organizations that can generate significant revenue, including the Canadian Football League and the National Hockey League (NHL), with most teams instead consisting of small operations that provide sport entertainment on local or regional levels. Revenue was poised to grow strongly prior to the COVID-19 pandemic, but seasons were halted and fans weren't permitted to fill stadiums and arenas until 2022, lengthening the decline and prolonging the recovery. Revenue is expected to decrease at a CAGR of 2.3% to $3.8 billion over the five years to 2023. Continued recovery from the pandemic is expected to result in revenue increasing 4.6% in 2023 alone as the NHL has passed pre-pandemic revenue levels, while other leagues and teams are in their second full year of normal operations.

The Spectator Sports industry in Canada comprises sports teams or clubs that participate in live professional or semiprofessional sporting events (e.g. baseball, basketball, football, hockey, soccer and other team sports) before a paying audience. The sports franchises included in this industry may or may not operate their own facilities for presenting games or other spectator sports events.

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

70 Pages
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

Pricing

Currency Rates
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