Bowling Centers Market size to increase by USD 2.95 Bn | Driven by transformation of bowling centers into family entertainment centers

NEW YORK, June 24, 2022 /PRNewswire/ — The “Bowling Centers Market by Service and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. According to the report, the market will observe an incremental growth of USD 2.95 billion between 2021 and 2026, expanding at a CAGR of 4.45% during the forecast period. The report identifies North America as the key market for bowling centers and the region is expected to offer significant growth opportunities for market vendors. The increasing number of recreational bowlers is increasing the demand for bowling centers in the region.

Buy Our Sample Report to get a detailed analysis of the market landscape, market behavior across geographies, and other important aspects.

Vendor Landscape

The global bowling centers market is highly fragmented with the presence of numerous regional vendors. Vendors operating in the market are adopting various organic and inorganic growth strategies to remain competitive in the market. Technavio identifies AK Microsystems International Pty. Ltd., Bowlero Corp., De Zoete Inval BV, Hollywood Bowl Group plc, Lucky Strike Entertainment LLC, Nelson Bay Bowling & Recreation Club, Red Rock Resorts Inc., REVS Bowling & Entertainment Co., Round1 Entertainment Inc., Smaaash Entertainment Pvt. Ltd., South Point Hotel and Casino, Strikes and Spares, Switch Bowling, Ten Entertainment Group plc, Tenterfield Bowling Club & Motor Inn, The Ritz-Carlton Hotel Company LLC, Tsogo Sun, and Twelve Strike as some of the major market participants.

Although the transformation of bowling centers into family entertainment centers, technological integration in bowling centers, and market expansion of established players will offer immense growth opportunities, the threat from virtual reality, the expensive nature of bowling, and the highly fragmented market structure will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Story continues

Read Our Report Sample for highlights on the vendor landscape and the factors impacting their growth.

Bowling Centers Market 2022-2026: Segmentation

The global bowling centers market is segmented as below:

The bowling and amusement segment generated maximum revenue in the market. The segment is driven by increasing market expansion activities by established players and the transformation of traditional bowling centers to family entertainment centers.

About 39% of the market growth will originate from North America during the forecast period. The rising number of bowling leagues and championship tournaments and the continuous efforts from bowling center vendors in revamping or refurbishing bowling centers into family entertainment centers are driving the growth of the regional market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our bowling centers market report covers the following areas:

Bowling Centers Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the bowling centers market. Backed with competitive intelligence and benchmarking, our research report on the bowling centers market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Bowling Centers Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026

• Detailed information on factors that will assist bowling centers market growth during the next five years

• Estimation of the bowling centers market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the bowling centers market

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of bowling centers market vendors

Related Reports:

Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Service

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/bowling-centers-market-size-to-increase-by-usd-2-95-bn–driven-by-transformation-of-bowling-centers-into-family-entertainment-centers–technavio-301573919.html

SOURCE Technavio