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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Sports Tourism Market Share
The growth of the sports tourism industry is significantly driven by domestic sports tourism, which holds a substantial share due to the absence of visa requirements and ease of travel. Sports enthusiasts can conveniently travel to a domestic league using intra-region modes of transportation such as trains and buses, which offer affordable and comfortable journeys.
Evolving consumer behaviours, the growing spending on leisure, and the rising popularity of short weekend trips are also aiding the segment’s growth. Moreover, the increasing attempts by governments to promote domestic sports tourism, the frenzy of sports such as cricket and football, and the willingness of fans to spend on witnessing live matches are likely to aid the overall sports tourism market demand in the coming years.
Active Tourism includes engaging in sports and physical activities, offering tourists immersive experiences that enhance physical health and relaxation. This type of tourism boosts local economies by increasing spending on lodging, dining, and equipment, further driving sports tourism industry revenue.
Passive Tourism focuses on attending sports events as spectators, providing enjoyment without physical effort while enabling cultural and social interactions. It has a substantial economic impact through ticket sales, merchandise, and hospitality services, fostering job creation and long-term tourism growth. Both forms significantly contribute to the growth of the sports tourism market in distinct and meaningful ways.
Sports Tourism Market Report Snapshots
Sports Tourism Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 609.42 billion.
The global sports tourism market is assessed to grow at a CAGR of 16.7% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching a value of around USD 2,446.44 billion by 2032.
Major market drivers are the increase in number of sports events, availability of online ticket booking, and rise in disposable incomes.
The key trends of the market include the integration of AR and VR in sporting events, rising popularity of major sport events, and the growing trend of fitness-driven travel.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The different tourism types considered in the major report are active, passive, and nostalgia.
The competitive landscape consists of Navigo Tours LLC, BAC Sport Limited, DreamTeam Italy srl, Destination Sport Group Limited, Gullivers Sports Travel Ltd., AllSports International, Australian Sports Tours, Sportsnet Corporation Pty Ltd, DTB Sports Hospitality and Event Management Limited, Premium Sport Tours Pty. Ltd., XLSportsTours, and TravelOsports, among others.
Based on type, market segmentations include domestic and international.
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