Industry Analysis & Industry Trends
Growth in the Sports Coaching industry has been bolstered by an increase in sports participation, which has increased the pool of available clients for industry participants. Disposable income has also risen, increasing the number of consumers willing and able to afford discretionary purchases, such as sports coaching instruction. Over the five years to 2022, the industry will benefit from a continued rise in sports participation, as well as growing public interest in sports indicated by strong TV ratings for sporting events. While demand is expected to be fairly strong for industry participants, profit margins will contract slightly, as low barriers to entry in the industry will cause an influx of new participants into the industry, leading to increased levels of competition... 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, operators 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 25.6% and 17.2% of the population, while accounting for 23.1% and 17.2% 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. The.. purchase to read more