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Golf Driving Ranges & Family Fun Centers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Golf Driving Ranges & Family Fun Centers Market Research Report | NAICS 71399 | Oct 2016

Barrel of fun: Innovative offerings and rising disposable income will drive industry demand

IBISWorld’s Golf Driving Ranges & Family Fun Centers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 11-16
4.5%
Annual Growth 16-21
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Profit
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Employment
156,658
Businesses
54,199
Industry Analysis & Industry Trends

Over the past five years, the Golf Driving Ranges and Family Fun Centers industry exhibited revenue growth, despite many consumers being time-strapped. While the industry contended with mounting competition from alternative leisure activities, such as fitness, many operators generated industry revenue growth on the basis of convenience. For instance, golf driving ranges attracted time-strapped individuals, due to golf driving ranges being more time-efficient compared with consumers playing nine to 18 holes on the golf course. Over the five years to 2021, industry revenue is forecast to grow as family fun centers and golf driving ranges continue to enhance their product portfolios to attract families, despite their reduced leisure time... purchase to read more

Industry Report - Industry Investment Chapter

The Golf Driving Ranges and Family Fun Centers industry has a medium level of capital intensity. The industry is labor-intensive in most areas, including administration, ticket selling, food and beverage sales and the operation and maintenance of games and equipment. Although, operators rely on machinery to generate revenue, so a significant amount is spent on capital goods. Capital requirements include sporting goods and equipment needed to furnish the establishment. Other general amusement equipment include games and racetrack asphalt; merchandise for resale; and other miscellaneous items, such as tickets, prizes and operating materials.

In 2016, for every dollar spent on wages, the industry incurred $0.22 in capital expenditures. To .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Golf Driving Ranges & Family Fun Centers Industry?

Industry operators provide recreational and amusement services through a variety of establishments, including golf driving ranges, miniature golf centers, go-kart racetracks, batting cages, family fun centers, recreational sports leagues and a wide assortment of outdoor recreational activities. This industry excludes arcades, themed amusement parks, gambling facilities, golf courses, country clubs, skiing facilities, marinas, fitness and recreational sports centers and bowling alleys.

Industry Products
Amusement and recreation servicesFitness and recreational sport center servicesRegistration for sports tournaments and matchesGolf course and country club services and membershipsMeals and beveragesCoin-operated games and ridesAmateur sports teams and club services
 
Industry Activities
Go-kartingBatting cagesDriving rangesShooting rangesKayakingMiniature golf courses Mountain climbingSnowmobilingSports clubs, teams and leagues, recreational or youth


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