Sports Tourism Market Size, Trends and Insights By Sports Type (Soccer/Football, Cricket, Basketball, Tennis, Hockey, Others), By Tourist Type (Active, Passive, Nostalgia), By Tourism Type (Domestic, International), By Tour Type (Independent Traveler, Tour Group, Package Traveler), By Booking Type (Phone Booking, Online Booking, In-Person Booking), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- TUI Group
- Expedia Group
- Booking Holdings Inc.
- Cox & Kings Ltd.
- Thomas Cook Group
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Sports Tourism Market is expected to record a CAGR of 8.1% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 521.2 Billion. By 2032, the valuation is anticipated to reach USD 1,050.6 Billion.
The sports tourism market involves travel to engage in or witness sports events and activities. Encompassing a diverse range of experiences, it includes attending major sporting events, participating in sports-related vacations, and visiting sports-centric destinations.
Key elements include the economic impact on host regions, infrastructure development, fan engagement, and the integration of technology for immersive experiences. The market has evolved with the rise of niche segments like adventure sports tourism and wellness-focused sports travel.
Major players in the industry continually innovate to meet the demands of sports enthusiasts seeking unique and memorable experiences.
Sports Tourism Market – Significant Growth Factors
The Sports Tourism Market presents significant growth opportunities due to several factors:
- Global Sporting Events: Major international sporting events, such as the Olympics and FIFA World Cup, act as significant drivers, attracting a global audience and encouraging travel for spectators and enthusiasts.
- Infrastructure Development: Investments in sports infrastructure, including stadiums and training facilities, enhance the appeal of destinations. State-of-the-art facilities attract sports tourists and contribute to the overall growth of the market.
- Digital Transformation: The integration of technology, including online ticketing platforms, virtual experiences, and interactive content, enhances fan engagement and widens the reach of sports tourism, driving market growth.
- Rise of Niche Segments: The emergence of niche segments like adventure sports tourism and sports wellness retreats caters to specific preferences, diversifying the market and attracting a broader range of travelers seeking specialized experiences.
- Sustainable Tourism Practices: Embracing and promoting sustainable and eco-friendly practices presents an opportunity to attract environmentally conscious sports tourists, contributing to the overall growth of responsible and sustainable sports tourism.
- Partnerships and Collaborations: Collaborative efforts between sports organizations, tourism boards, and travel agencies offer opportunities for creating attractive sports tourism packages. Such partnerships can enhance the overall experience for travelers and stimulate market growth through joint marketing initiatives.
Sports Tourism Market – Mergers and Acquisitions
The Sports Tourism Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Sports Tourism Market include:
- In 2022, Inspiresport, a leading UK provider of youth sports development tours, announces an exclusive partnership with Cricket Scotland. The collaboration includes the launch of The R66T Festival of Cricket and The R66T Dubai Cup, along with domestic tours to Lancashire Cricket, enhancing opportunities for young athletes in the cricket development sphere.
- In 2022, SAMURAI and Amsterdam 7s formed a partnership where SAMURAI team members gain the exclusive chance to attend the Amsterdam 7s event. This collaboration provides unique opportunities for Team SAMURAI to participate in and experience the renowned international sporting event in Amsterdam.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Sports Tourism Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Sports Tourism Market | Yoga Tourism Market | Cycling Tourism Market |
CAGR 8.1% (Approx) | CAGR 5.8% (Approx) | CAGR 8.6% (Approx) |
USD 1050.6 Billion by 2032 | USD 318,872.5 Billion by 2032 | USD 262.7 Billion by 2032 |
Sports Tourism Market – Significant Threats
The Sports Tourism Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Global Health Crises: Events like pandemics pose a significant threat to the sports tourism market, leading to cancellations, travel restrictions, and reduced participation in sports-related activities, impacting the industry’s overall revenue.
- Security Concerns: Political instability, terrorism, and safety concerns in host regions can deter sports tourists from visiting destinations with major sporting events, affecting attendance and participation in sports-related activities.
- Economic Downturns: Economic recessions and downturns can limit disposable income and impact travel budgets, reducing the willingness of individuals to engage in sports tourism and leading to decreased spending on related experiences.
- Climate Change and Natural Disasters: Extreme weather events, natural disasters, or the long-term effects of climate change can disrupt sports events, damage infrastructure, and hinder the overall appeal of certain destinations for sports tourism.
- Technological Disruptions: Rapid technological advancements, if not adopted by the sports tourism industry, can lead to a loss of competitiveness. Failure to leverage technology for fan engagement, online experiences, and virtual events may result in reduced market share and diminished appeal for tech-savvy sports enthusiasts.
Category-Wise Insights:
By Sports Type
- Soccer/Football: Soccer, a globally beloved sport, dominates the sports tourism market. Trends include the rise of football-themed travel packages, stadium tours, and fan experiences. The emergence of e-sports in football gaming is creating new dimensions for virtual fan engagement and global tournaments.
- Cricket: Cricket, popular in countries like India and Australia, drives sports tourism. Trends include cricket-centric travel packages, stadium tours, and the growth of T20 leagues. Cricket-themed festivals and interactive digital experiences further enhance fan engagement and participation.
- Basketball: Basketball’s popularity contributes to sports tourism, with trends focusing on NBA-related travel experiences, basketball-themed events, and international tournaments. The NBA’s global outreach and collaborations with tech platforms for virtual fan experiences are reshaping the landscape.
- Tennis: Tennis, known for prestigious events like Wimbledon, influences sports tourism. Trends include tennis-themed vacations, grand slam tours, and participation in tennis clinics. The integration of augmented reality (AR) in tennis events enhances fan interactivity and engagement.
- Hockey: Hockey contributes to the sports tourism market, with trends emphasizing international tournaments, hockey-themed travel packages, and the promotion of professional leagues. The use of virtual reality (VR) in hockey experiences enriches fan involvement and brings matches closer to audiences worldwide.
- Others: Other sports, including golf, motorsports, and extreme sports, diversify the sports tourism market. Trends involve specialized packages, unique events, and the integration of technology. The rise of virtual reality (VR) experiences and augmented reality (AR) apps enhances the immersive nature of niche sports tourism.
By Tourist Type
- Active Tourists: Active tourists in sports tourism actively participate in sports activities. The trend involves a surge in demand for adventure sports tourism, with enthusiasts seeking experiences like hiking, skiing, and extreme sports, driving the market’s growth.
- Passive Tourists: Passive tourists are spectators who primarily attend sports events. The trend emphasizes the increasing appeal of major sporting events, driving travel for the sole purpose of watching live matches, tournaments, and championships.
- Nostalgia Tourists: Nostalgia tourists are drawn to sports destinations with historical or sentimental value. The trend involves visiting iconic sports venues, museums, and landmarks, driven by a desire to relive or connect with sports-related memories and history.
By Tourism Type
- Domestic Tourism: Involves travel within one’s own country to engage in or witness sports events. Trends include a rise in local sports participation, regional sports events attracting domestic tourists, and an increased focus on community-based sports tourism, fostering a sense of national pride.
- International Tourism: Involves travel across borders for sports-related experiences. Trends include the globalization of major sporting events, international sports competitions attracting diverse audiences, and the growth of sports tourism packages combining travel with major tournaments.
By Tour Type
- Independent Traveler: Independent travelers in sports tourism prefer solo exploration, tailoring experiences to personal preferences. A growing trend includes the demand for customizable sports packages, allowing flexibility in attendance and activities, and catering to diverse interests and schedules.
- Tour Group: Tour group enthusiasts seek shared experiences, fostering a sense of camaraderie during sports events. The trend involves specialized group packages, integrating guided tours, social activities, and exclusive access, enhancing the collective experience for sports fans.
- Package Traveler: Package travelers opt for pre-arranged sports experiences, inclusive of tickets, accommodations, and activities. The trend sees an increase in all-inclusive packages, providing convenience and curated itineraries, appealing to those seeking a seamless and stress-free sports tourism experience.
By Booking Type
- Phone Booking: Phone booking refers to the reservation of sports tourism services through telephone communication. While declining, it remains relevant for personalized assistance. The trend includes a shift towards digital platforms, but some consumers, especially older demographics, still prefer the convenience and human interaction offered by phone booking.
- Online Booking: Online booking is the predominant method in sports tourism, involving the use of websites or mobile apps for reservations. The trend showcases increasing reliance on technology for seamless, convenient, and real-time booking experiences, enabling users to access a wide range of sports-related travel services with ease.
- In-Person Booking: In-person booking involves direct, face-to-face interactions with booking agents or service providers. While less common due to digital advancements, it caters to those seeking personalized assistance. The trend shows a niche preference for human interaction, especially for complex itineraries or unique sports experiences that require detailed consultation.
Report Scope
Feature of the Report | Details |
Market Size in 2023 | USD 521.2 Billion |
Projected Market Size in 2032 | USD 1,050.6 Billion |
Market Size in 2022 | USD 482.1 Billion |
CAGR Growth Rate | 8.1% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Sports Type, Tourist Type, Tourism Type, Tour Type, Booking Type and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Sports Tourism Market – Regional Analysis
The Sports Tourism Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, a prominent trend in sports tourism is the rise of sports-centric festivals and events, creating immersive fan experiences. Cities like Los Angeles and New York leverage major sporting events to boost tourism, offering a blend of entertainment, cultural activities, and sports, attracting a diverse audience.
- Europe: Europe showcases a trend towards sports heritage tourism, with travelers seeking experiences rooted in the region’s rich sporting history. Historical stadiums, sports museums, and guided tours to iconic sports venues cater to enthusiasts interested in the cultural and historical aspects of European sports.
- Asia-Pacific: The Asia-Pacific region is witnessing a surge in adventure sports tourism, with a focus on activities like surfing, trekking, and extreme sports. Destinations in Australia, New Zealand, and Southeast Asia attract adrenaline-seeking travelers, capitalizing on the region’s diverse landscapes and offering unique adventure sports experiences.
- LAMEA (Latin America, Middle East, and Africa): LAMEA is experiencing a trend in sports tourism that emphasizes ecotourism and wildlife encounters. Destinations like South Africa and Costa Rica offer sports enthusiasts the opportunity to engage in activities like wildlife safaris, combining sports adventures with nature and conservation experiences.
Competitive Landscape – Sports Tourism Market
The Sports Tourism Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- TUI Group
- Expedia Group
- Booking Holdings Inc.
- Cox & Kings Ltd.
- Thomas Cook Group
- Adventure Travel Trade Association (ATTA)
- The Travel Corporation
- Sports Tours International
- Voyages Indigenous Tourism Australia
- TTC – The Travel Corporation
- Sports Events 365
- Great Atlantic Sports Travel
- FIFA World Cup Hospitality
- QuintEvents
- Match Hospitality AG
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
New entrants like Wanderlust Expeditions and TechSports Ventures are leveraging innovation in the sports tourism market. Wanderlust incorporates virtual reality experiences, while TechSports Ventures focuses on app-based personalized itineraries. Dominating the market are established players like TUI Group and Expedia, capitalizing on global reach and seamless digital platforms.
TUI Group’s innovation lies in sustainable sports tourism, aligning with the eco-conscious traveler, while Expedia emphasizes data analytics for personalized travel packages. These key players’ market dominance is sustained through diverse offerings, technology integration, and strategic initiatives catering to evolving consumer preferences.
The Sports Tourism Market is segmented as follows:
By Sports Type
- Soccer/Football
- Cricket
- Basketball
- Tennis
- Hockey
- Others
By Tourist Type
- Active
- Passive
- Nostalgia
By Tourism Type
- Domestic
- International
By Tour Type
- Independent Traveler
- Tour Group
- Package Traveler
By Booking Type
- Phone Booking
- Online Booking
- In-Person Booking
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Sports Tourism Market, (2024 – 2033) (USD Billion)
- 2.2 Global Sports Tourism Market: snapshot
- Chapter 3. Global Sports Tourism Market – Industry Analysis
- 3.1 Sports Tourism Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Global Sporting Events
- 3.2.2 Infrastructure Development
- 3.2.3 Digital Transformation
- 3.2.4 Rise of Niche Segments
- 3.2.5 Sustainable Tourism Practices
- 3.2.6 Partnerships and Collaborations.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Sports Type
- 3.7.2 Market Attractiveness Analysis By Tourist Type
- 3.7.3 Market Attractiveness Analysis By Tourism Type
- 3.7.4 Market Attractiveness Analysis By Tour Type
- 3.7.5 Market Attractiveness Analysis By Booking Type
- Chapter 4. Global Sports Tourism Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Sports Tourism Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Sports Tourism Market – Sports Type Analysis
- 5.1 Global Sports Tourism Market Overview: By Sports Type
- 5.1.1 Global Sports Tourism Market Share, By Sports Type, 2022 and – 2033
- 5.2 Soccer/Football
- 5.2.1 Global Sports Tourism Market by Soccer/Football, 2024 – 2033 (USD Billion)
- 5.3 Cricket
- 5.3.1 Global Sports Tourism Market by Cricket, 2024 – 2033 (USD Billion)
- 5.4 Basketball
- 5.4.1 Global Sports Tourism Market by Basketball, 2024 – 2033 (USD Billion)
- 5.5 Tennis
- 5.5.1 Global Sports Tourism Market by Tennis, 2024 – 2033 (USD Billion)
- 5.6 Hockey
- 5.6.1 Global Sports Tourism Market by Hockey, 2024 – 2033 (USD Billion)
- 5.7 Others
- 5.7.1 Global Sports Tourism Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Sports Tourism Market Overview: By Sports Type
- Chapter 6. Global Sports Tourism Market – Tourist Type Analysis
- 6.1 Global Sports Tourism Market Overview: By Tourist Type
- 6.1.1 Global Sports Tourism Market Share, By Tourist Type, 2022 and – 2033
- 6.2 Active
- 6.2.1 Global Sports Tourism Market by Active, 2024 – 2033 (USD Billion)
- 6.3 Passive
- 6.3.1 Global Sports Tourism Market by Passive, 2024 – 2033 (USD Billion)
- 6.4 Nostalgia
- 6.4.1 Global Sports Tourism Market by Nostalgia, 2024 – 2033 (USD Billion)
- 6.1 Global Sports Tourism Market Overview: By Tourist Type
- Chapter 7. Global Sports Tourism Market – Tourism Type Analysis
- 7.1 Global Sports Tourism Market Overview: By Tourism Type
- 7.1.1 Global Sports Tourism Market Share, By Tourism Type, 2022 and – 2033
- 7.2 Domestic
- 7.2.1 Global Sports Tourism Market by Domestic, 2024 – 2033 (USD Billion)
- 7.3 International
- 7.3.1 Global Sports Tourism Market by International, 2024 – 2033 (USD Billion)
- 7.1 Global Sports Tourism Market Overview: By Tourism Type
- Chapter 8. Global Sports Tourism Market – Tour Type Analysis
- 8.1 Global Sports Tourism Market Overview: By Tour Type
- 8.1.1 Global Sports Tourism Market Share, By Tour Type, 2022 and – 2033
- 8.2 Independent Traveler
- 8.2.1 Global Sports Tourism Market by Independent Traveler, 2024 – 2033 (USD Billion)
- 8.3 Tour Group
- 8.3.1 Global Sports Tourism Market by Tour Group, 2024 – 2033 (USD Billion)
- 8.4 Package Traveler
- 8.4.1 Global Sports Tourism Market by Package Traveler, 2024 – 2033 (USD Billion)
- 8.1 Global Sports Tourism Market Overview: By Tour Type
- Chapter 9. Global Sports Tourism Market – Booking Type Analysis
- 9.1 Global Sports Tourism Market Overview: By Booking Type
- 9.1.1 Global Sports Tourism Market Share, By Booking Type, 2022 and – 2033
- 9.2 Phone Booking
- 9.2.1 Global Sports Tourism Market by Phone Booking, 2024 – 2033 (USD Billion)
- 9.3 Online Booking
- 9.3.1 Global Sports Tourism Market by Online Booking, 2024 – 2033 (USD Billion)
- 9.4 In-Person Booking
- 9.4.1 Global Sports Tourism Market by In-Person Booking, 2024 – 2033 (USD Billion)
- 9.1 Global Sports Tourism Market Overview: By Booking Type
- Chapter 10. Sports Tourisms Market – Regional Analysis
- 10.1 Global Sports Tourisms Market Regional Overview
- 10.2 Global Sports Tourisms Market Share, by Region, 2022 & – 2033 (USD Billion)
- 10.3. North America
- 10.3.1 North America Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.3.1.1 North America Sports Tourisms Market, by Country, 2024 – 2033 (USD Billion)
- 10.3.1 North America Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.4 North America Sports Tourisms Market, by Sports Type, 2024 – 2033
- 10.4.1 North America Sports Tourisms Market, by Sports Type, 2024 – 2033 (USD Billion)
- 10.5 North America Sports Tourisms Market, by Tourist Type, 2024 – 2033
- 10.5.1 North America Sports Tourisms Market, by Tourist Type, 2024 – 2033 (USD Billion)
- 10.6 North America Sports Tourisms Market, by Tourisms Type, 2024 – 2033
- 10.6.1 North America Sports Tourisms Market, by Tourisms Type, 2024 – 2033 (USD Billion)
- 10.7 North America Sports Tourisms Market, by Tour Type, 2024 – 2033
- 10.7.1 North America Sports Tourisms Market, by Tour Type, 2024 – 2033 (USD Billion)
- 10.8 North America Sports Tourisms Market, by Booking Type, 2024 – 2033
- 10.8.1 North America Sports Tourisms Market, by Booking Type, 2024 – 2033 (USD Billion)
- 10.9. Europe
- 10.9.1 Europe Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.9.1.1 Europe Sports Tourisms Market, by Country, 2024 – 2033 (USD Billion)
- 10.9.1 Europe Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.10 Europe Sports Tourisms Market, by Sports Type, 2024 – 2033
- 10.10.1 Europe Sports Tourisms Market, by Sports Type, 2024 – 2033 (USD Billion)
- 10.11 Europe Sports Tourisms Market, by Tourist Type, 2024 – 2033
- 10.11.1 Europe Sports Tourisms Market, by Tourist Type, 2024 – 2033 (USD Billion)
- 10.12 Europe Sports Tourisms Market, by Tourisms Type, 2024 – 2033
- 10.12.1 Europe Sports Tourisms Market, by Tourisms Type, 2024 – 2033 (USD Billion)
- 10.13 Europe Sports Tourisms Market, by Tour Type, 2024 – 2033
- 10.13.1 Europe Sports Tourisms Market, by Tour Type, 2024 – 2033 (USD Billion)
- 10.14 Europe Sports Tourisms Market, by Booking Type, 2024 – 2033
- 10.14.1 Europe Sports Tourisms Market, by Booking Type, 2024 – 2033 (USD Billion)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.15.1.1 Asia Pacific Sports Tourisms Market, by Country, 2024 – 2033 (USD Billion)
- 10.15.1 Asia Pacific Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.16 Asia Pacific Sports Tourisms Market, by Sports Type, 2024 – 2033
- 10.16.1 Asia Pacific Sports Tourisms Market, by Sports Type, 2024 – 2033 (USD Billion)
- 10.17 Asia Pacific Sports Tourisms Market, by Tourist Type, 2024 – 2033
- 10.17.1 Asia Pacific Sports Tourisms Market, by Tourist Type, 2024 – 2033 (USD Billion)
- 10.18 Asia Pacific Sports Tourisms Market, by Tourisms Type, 2024 – 2033
- 10.18.1 Asia Pacific Sports Tourisms Market, by Tourisms Type, 2024 – 2033 (USD Billion)
- 10.19 Asia Pacific Sports Tourisms Market, by Tour Type, 2024 – 2033
- 10.19.1 Asia Pacific Sports Tourisms Market, by Tour Type, 2024 – 2033 (USD Billion)
- 10.20 Asia Pacific Sports Tourisms Market, by Booking Type, 2024 – 2033
- 10.20.1 Asia Pacific Sports Tourisms Market, by Booking Type, 2024 – 2033 (USD Billion)
- 10.21. Latin America
- 10.21.1 Latin America Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.21.1.1 Latin America Sports Tourisms Market, by Country, 2024 – 2033 (USD Billion)
- 10.21.1 Latin America Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.22 Latin America Sports Tourisms Market, by Sports Type, 2024 – 2033
- 10.22.1 Latin America Sports Tourisms Market, by Sports Type, 2024 – 2033 (USD Billion)
- 10.23 Latin America Sports Tourisms Market, by Tourist Type, 2024 – 2033
- 10.23.1 Latin America Sports Tourisms Market, by Tourist Type, 2024 – 2033 (USD Billion)
- 10.24 Latin America Sports Tourisms Market, by Tourisms Type, 2024 – 2033
- 10.24.1 Latin America Sports Tourisms Market, by Tourisms Type, 2024 – 2033 (USD Billion)
- 10.25 Latin America Sports Tourisms Market, by Tour Type, 2024 – 2033
- 10.25.1 Latin America Sports Tourisms Market, by Tour Type, 2024 – 2033 (USD Billion)
- 10.26 Latin America Sports Tourisms Market, by Booking Type, 2024 – 2033
- 10.26.1 Latin America Sports Tourisms Market, by Booking Type, 2024 – 2033 (USD Billion)
- 10.27. The Middle-East and Africa
- 10.27.1 The Middle-East and Africa Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.27.1.1 The Middle-East and Africa Sports Tourisms Market, by Country, 2024 – 2033 (USD Billion)
- 10.27.1 The Middle-East and Africa Sports Tourisms Market, 2024 – 2033 (USD Billion)
- 10.28 The Middle-East and Africa Sports Tourisms Market, by Sports Type, 2024 – 2033
- 10.28.1 The Middle-East and Africa Sports Tourisms Market, by Sports Type, 2024 – 2033 (USD Billion)
- 10.29 The Middle-East and Africa Sports Tourisms Market, by Tourist Type, 2024 – 2033
- 10.29.1 The Middle-East and Africa Sports Tourisms Market, by Tourist Type, 2024 – 2033 (USD Billion)
- 10.30 The Middle-East and Africa Sports Tourisms Market, by Tourisms Type, 2024 – 2033
- 10.30.1 The Middle-East and Africa Sports Tourisms Market, by Tourisms Type, 2024 – 2033 (USD Billion)
- 10.31 The Middle-East and Africa Sports Tourisms Market, by Tour Type, 2024 – 2033
- 10.31.1 The Middle-East and Africa Sports Tourisms Market, by Tour Type, 2024 – 2033 (USD Billion)
- 10.32 The Middle-East and Africa Sports Tourisms Market, by Booking Type, 2024 – 2033
- 10.32.1 The Middle-East and Africa Sports Tourisms Market, by Booking Type, 2024 – 2033 (USD Billion)
- Chapter 11. Company Profiles
- 11.1 TUI Group
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Expedia Group
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 Booking Holdings Inc.
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 Cox & Kings Ltd.
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 Thomas Cook Group
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 Adventure Travel Trade Association (ATTA)
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 The Travel Corporation
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Sports Tours International
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 Voyages Indigenous Tourism Australia
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 TTC – The Travel Corporation
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 Sports Events 365
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 Great Atlantic Sports Travel
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 FIFA World Cup Hospitality
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 QuintEvents
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 Match Hospitality AG
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 Others.
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.1 TUI Group
List Of Figures
Figures No 1 to 37
List Of Tables
Tables No 1 to 127
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
|
|
Demand-side |
|
|
Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
|
|
Prominent Player
- TUI Group
- Expedia Group
- Booking Holdings Inc.
- Cox & Kings Ltd.
- Thomas Cook Group
- Adventure Travel Trade Association (ATTA)
- The Travel Corporation
- Sports Tours International
- Voyages Indigenous Tourism Australia
- TTC – The Travel Corporation
- Sports Events 365
- Great Atlantic Sports Travel
- FIFA World Cup Hospitality
- QuintEvents
- Match Hospitality AG
- Others
FAQs
The key factors driving the Market are Global Sporting Events, Technology and Digital Platforms, Health and Wellness Trends, Collaboration Between Sports and Tourism Industries, Diversification of Sports Offerings And Sustainable Sports Tourism.
The “Football” category dominated the market in 2022.
The key players in the market are Expedia Group, Booking Holdings Inc., Trip.com Group, Flight Centre Travel Group, Carlson Wagonlit Travel (CWT), TUI Group, Fareportal, ATPI Group, HRG North America, FROSCH, Kuoni Global Travel Services, EF Education First, Golfasian Co. Ltd., Roadtrips Inc., Sports Travel & Tours, Others.
“North America” had the largest share in the Sports Tourism Market.
The global market is projected to grow at a CAGR of 7.2% during the forecast period, 2023-2032.
The Sports Tourism Market size was valued at USD 441.9 Billion in 2023.