Industry Analysis & Industry Trends
Operators in the Sports Coaching industry have performed well in the past five years, as increasing sports participation and rising per capita disposable income levels have supported demand for coaching services. In addition, the rising cost of college has encouraged some parents to invest in sports coaching for their children through camps and academies to increase their likelihood of receiving a scholarship. In the next five years, the industry will benefit from a continued rise in sports participation as well as growing public interest in sports. Furthermore, government support for physical education in schools and the use of media to encourage more active lifestyles are expected to drive revenue growth... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of sports coaching largely mirrors the distribution of the overall population. Since a large portion of industry participants are nonemployers, firms compete with each other on a local level. As such, the more densely an area is populated, the larger the available pool of clients there will be, leading to more establishments being located in these regions. Examples of this include the Southeast and West, which account for 25.5% and 17.2% of the population, while accounting for 22.9% and 18.4% of the industry's establishments.
Another factor affecting establishment distribution in the industry is household income. The higher the household income, the more likely consumers will spend on discretionary purchases such as those of coaching services... purchase to read more