Industry Analysis & Industry Trends
Playing the field
Demand for sports and athletic field construction will pick up after a rocky past five years. During the five years to 2012, constrained school budgets and collapse in the construction market impeded industry growth. However, the growing popularity of artificial turf and renewed investment in installation and maintenance of athletic fields will support modest revenue growth in the next five years.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Sports and Athletic Field Construction industry is considered to be in the mature stage of its life cycle. IBISWorld estimates the industry's value added or its contribution to the US economy to grow at an average annual rate of 1.8% over the 10 years to 2017. In comparison, over the same period, US GDP is expected to grow at an annualized rate of 2.1%. Therefore, the industry is growing roughly in line with the US economy, classifying it as a mature industry. Furthermore, the number of establishments is expected to increase at an average annual rate of 0.4% over the 10-year period as firms expand operations in line with population and metropolitan area growth... purchase to read more