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Australia sporting services market expanded by 7% annually during 2000 to 2010

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Sporting and Recreational Services in Australia: ISIC 924 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 07:16:04
Throughout the review period of 2000-2010, the Australian market for sporting and recreational services grew at an annual average of 7%. This performance was stimulated by the growing popularity of healthier lifestyles, growing awareness of obesity and the emerging perception that sports and recreation build stronger, healthier, happier and safer communities.

The sport and recreation industry has the highest population participation rate of any category, as it is the favoured use of free time. A recognisable part of the Australian psyche is an affinity with sport and outdoor activities, and their popularity is strengthening. In 2010 3% of an average household´s expenditure was dedicated to sporting and recreational activities.

The total market size for sporting and recreational services was A$15 billion in 2000, while the number increased to A$29 billion at the end of the review period.

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