Step on it: Rising disposable income will lead to continued revenue growth

The Go-Kart Racing Tracks industry has expanded over the five years to 2017, matching overall trends in consumer spending. As a result of declining unemployment rates, causing a rise in per capita disposable income, consumers have increased discretionary expenditures on entertainment and leisure activities, such as go-kart racing. Go-kart racing is a relatively affordable activity for consumers. Consequently, the industry tends to avoid significant revenue declines during times of economic distress. Although, while the industry tends to avoid heavy volatility in any economic landscape, strong economic improvements significantly drive demand for industry operators...read more.

Industry Statistics & Market Size
Revenue
$101m
Annual Growth 12-17
3.7%
Forecast Growth 17-22
Profit
Employment
1,161
Businesses
167
Market Share of Companies
What Our Customers Say

Industry Threats & Opportunities

  • Not only has demand for industry services trended upward, but the amount customers spend per visit has increased as well
  • Discount packages help go-kart tracks attract customers, especially families
  • Revenue growth will be slightly constrained due to external competition
  • Industry Report - Industry Investment Chapter

    The Go-Kart Racing Tracks industry has a moderate level of capital intensity. Industry operators require employees to manage facilities, provide customer services, maintain go-karts and sell refreshments. However, average wages are typically low because employees often work on a part-time basis. Conversely, industry operators need to invest in go-kart tracks to operate in this industry, which requires considerable capital investments. Go-kart track construction has risen over the five years to 2017 as consumer spending has improved. Consequently, capital intensity has increased slightly. In 2017, for every dollar spent on labor, this industry is expected to spend $0.26 on capital investments...purchase to read more.

    Additional Insights for the Go-Kart Racing Tracks Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Go-Kart Racing Tracks Industry are

  • Easy access for clients
  • Provision of appropriate facilities
  • Business expertise of operators
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Time spent on leisure and sports in the Go-Kart Racing Tracks industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What is the Go-Kart Racing Tracks Industry?

    This industry provides recreational and amusement services through go-kart racetracks and other related services. Go-kart tracks may be indoor or outdoor.

    Industry Products
  • Track pass holder admission
  • Daily admission
  • Food and beverage
  • Merchandise
  • Parties and corporate events
  • Industry Activities
  • Individual go-kart racing
  • Group go-kart racing
  • Go-kart racing classes
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Time spent on leisure and sports
  • Consumer Confidence Index
  • External competition

  • Current Performance
  • Low-cost benefits
  • Discount packages attract more customers
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth constrained by leisure time and competition
  • Profit margins slowly recover
  • Table: Go-Kart Racing Tracks Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Go-Kart Racing Tracks Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Advertising Agencies
  • Confectionery Wholesaling
  • Vending Machine Operators

  • Products & Services
  • Daily admission
  • Track pass holder admission
  • Food and beverage
  • Merchandise
  • Parties and corporate events
  • Other
  • Chart: Go-Kart Racing Tracks Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 22 to 35
  • Consumers aged 6 to 21
  • Consumers aged 36 and older
  • Chart: Major Market Segmentation for the Go-Kart Racing Tracks Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesDepreciation and marketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Go-Kart Racing Tracks

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Go-Kart Racing Tracks Industry

  • Industry Globalization
    K1 SpeedPole Position Raceway
  • Table: K1 Speed - financial performance
  • Table: Pole Position Raceway - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Go-Kart Racing Tracks Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Go-Kart Racing Tracks Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per capita disposable income (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Go-Kart
  • A small, low motor vehicle with four wheels and an open framework used for racing on a track.
  • Horsepower
  • A unit of power equal to 746 watts.
  • Indy
  • A US form of professional motor racing around banked oval tracks, named after the Indianapolis 500 motor race.
  • Sprint Car Racing
  • A race using high-powered race cars on short oval or circular dirt or paved tracks.
  • Why buy this report?

    IBISWorld’s Go-Kart Racing Tracks Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Go-Kart Racing Tracks industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Go-Kart Racing Tracks:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Go-Kart Racing Tracks market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Go-Kart Racing Tracks, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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