Asia Pacific Sports Team And Clubs Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Sports Team And Clubs Market Analysis
The Asia Pacific sports team and clubs market has generated revenue of USD 66.009 billion in the current year and is poised to achieve a CAGR of more than 5% for the forecast period.
- Asia Pacific exists as the region with the largest share of the population globally, with more than 60% share. This makes the Asia Pacific lead in global consumption with a rising sports Industry. China, Japan, India, South Korea, and Indonesia exist among the Asia Pacific countries, having the leading position in the global ranking.
- Asia Pacific has become a crucial location for global sporting events. The Australian Open, Beijing Winter Olympics, Asian Games, and Fifa Under-17 World Cup were among the major sports held in Asia Pacific last year with global participation. Homegrown Asia Pacific sports leagues are occupying a status on the global stage. India Premier League clubs Mumbai Indians and Chennai Super Kings exist as the most valuable sports franchises after Liverpool FC.
- The period of COVID-19 was a hard time for sports teams and organizations, with cancellations of events, empty seats, and limited seating in the stadium. Sports organizations observed a fall in revenue during the period, and restrictions led users to adopt technology over going to stadiums.
- With the rising sports team & club market, Sports tech in Asia Pacific is observing a continuous increase. E-sports market revenue in Asia Pacific has observed a continuous increase over the period. Team ownership with buying stakes in Asia Pacific league teams is bringing Western ideas and money. Asia-Pacific (APAC) countries such as India, with their leagues of IPL (cricket), ISL (football), Pro kabaddi, and others, are promoting their sports team and clubs in the global market with the generation of a significant amount of revenue.
Asia Pacific Sports Team And Clubs Market Trends
Technological Innovations in the Market
- Sports teams and clubs are increasing their market penetration through innovative digital tools of digital advertising, e-commerce, and online streaming services. This has diversified the revenue streams with personalized and enhancing fan participation. There is an increase in the number of people accessing TV programs through internet connections, resulting in audience choices outside the traditional TV channels to platforms such as Amazon Prime Video, Apple TV app, and other channels.
- Existing leagues, such as the IPL (Indian Premier League) in India, are observing growth with a rise in fantasy sports. In the year 2023, IPL fantasy sports generated the highest revenue, creating positive growth for streamed teams/clubs in the market. People watching sports via online live streams in Asia Pacific countries of China, Indonesia, and Taiwan had a significant share of greater than 50% last year.
Increase In Number Sporting Events
- Over the past years, cricket and football leagues in Asia Pacific have observed a significant increase in viewership. Asian Games, Indian Premier League, and India Super League are among the sporting events attracting huge viewers from the region and outside the region as well. Asia's leading economies, China, Japan, India, and South Korea, are spending a huge sum to popularize sports and sporting events in their countries.
- International teams and leagues, especially football clubs, are entering the Asian market to show off their products and raise their audience. IPL leagues are focusing on increasing the number of matches in each session, generating more revenue for the sports. Recently held World University Games in China raised opportunities for China sports brands and teams. With Asia emerging as a stage for hosting global sports events, it is encouraging participation of its regional sports teams and clubs and opening new opportunities for the market as well.
Asia Pacific Sports Team And Clubs Industry Overview
Asia Pacific sports team and clubs exist as a fragmented market, observing continuous growth with more sports being promoted and global investment being made through Western clubs and commercial businesses. Digital media and technology have significantly increased revenue generation in the market, with more people following the sports. Leagues like One Championship, Chinese Super League, Indian Premier League, Indian Super League, and Nippon Professional Baseball are giving rise to increasing sports teams and clubs in the region. Chennai Super Kings, Melbourne FC, Kawasaki, Sri Lanka Cricket, and Raintree Club are among fre of the sports clubs and teams existing in different countries of Asia Pacific.
Asia Pacific Sports Team And Clubs Market Leaders
Chennai Super King
Melbourne City FC
Sri Lanka Cricket
The Raintree Club
Kawasaki Racing Team
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Sports Team And Clubs Market News
- June 2022: The All India Football Federation (AIFF) forged a significant partnership with Rangers FC. Rangers FC, a prominent Scottish professional football club based in Glasgow and competing in the Scottish Partnership league, pledged to provide an extensive array of programs aimed at supporting numerous Indian coaches. These programs encompass diverse areas such as talent identification, scouting, and in-depth analysis.
- January 2023: FC Barcelona unveiled a new strategic alliance with Daka in their quest to establish a regional presence in China and foster a closer connection with their fanbase in the country. Daka, a distinguished sports trading card publisher operating in mainland China, specializes in curating and publishing collections across various domains, including sports, entertainment, art, science, history, and other cultural categories.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 E-sports and Digital Innovation Driving the market
4.3 Market Restraints
4.3.1 A Large share of Sports revenue is limited to few leagues.
4.4 Market Opportunities
4.4.1 Increasing Advertisement and Sponsorship opportunities in the market
4.4.2 Diversification of Revenue Channels by Sports team and Club
4.5 Industry Attractiveness - Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Technological Innovations in Asia Pacific Sports Team and Club Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Sports
5.1.1 Football
5.1.2 Cricket
5.1.3 Hockey
5.1.4 Basketball
5.1.5 Other Sports
5.2 By Revenue Source
5.2.1 Media Rights
5.2.2 Merchandising
5.2.3 Tickets
5.2.4 Sponsorship
5.3 By Country
5.3.1 India
5.3.2 Australia
5.3.3 South Korea
5.3.4 China
5.3.5 Rest of Asia Pacific
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Chennai Super King
6.2.2 Melbourne City FC
6.2.3 Kawasaki Racing Team
6.2.4 Sri Lanka Cricket
6.2.5 The Raintree Club
6.2.6 The Johor Southern Tiger
6.2.7 JP Motorsport
6.2.8 Lion City Sailors
6.2.9 Mumbai Indians
6.2.10 Vissel Kobe*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Asia Pacific Sports Team And Clubs Industry Segmentation
A sports team is a group of individuals who play sports, usually team sports, on the same team. A sports club is defined as a registered organization that exists to promote and develop interest in a particular sport or physical activity.
Asia Pacific sports team & clubs market is segmented by sports (football, cricket, hockey, basketball, and other sports), by revenue source (media rights, merchandising, tickets, and sponsorship), and by country (India, Australia, South Korea, China, and Rest of Asia Pacific).
The report offers market size and forecasts in value (USD) for all the above segments.
| By Sports | |
| Football | |
| Cricket | |
| Hockey | |
| Basketball | |
| Other Sports |
| By Revenue Source | |
| Media Rights | |
| Merchandising | |
| Tickets | |
| Sponsorship |
| By Country | |
| India | |
| Australia | |
| South Korea | |
| China | |
| Rest of Asia Pacific |
Frequently Asked Questions
What is the current Asia Pacific Sports Team And Clubs Market size?
The Asia Pacific Sports Team And Clubs Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Asia Pacific Sports Team And Clubs Market?
Chennai Super King, Melbourne City FC, Sri Lanka Cricket, The Raintree Club and Kawasaki Racing Team are the major companies operating in the Asia Pacific Sports Team And Clubs Market.
What years does this Asia Pacific Sports Team And Clubs Market cover?
The report covers the Asia Pacific Sports Team And Clubs Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Sports Team And Clubs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Sports Team And Clubs Industry Report
Statistics for the 2024 Asia Pacific Sports Team And Clubs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Sports Team And Clubs analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
