Market Trends of Asia-Pacific Spectator Sports Industry
Cricket is Dominating the Market
Cricket became a highly selective sport in the regions of Asia-Pacific. The IPL league is one of the most revenue-generating leagues across the Asia-Pacific and in the world. The World Cup 2023, which was scheduled in India, made Cricket at the upper end in Asia-Pacific, among other sports. The leagues are penetrating other countries of Asia-Pacific and have started gaining popularity. Countries like Australia, Pakistan, and Bangladesh are also in their premier leagues. This penetration will make Cricket to be on the upperside than other sports for years long.
Badminton is Growing the Market
Badminton has a strong popularity in many Asia-Pacific regions. Several Asia-Pacific countries, including China, Indonesia, South Korea, and India, have established professional badminton leagues. Asian nations are investing in youth development programs to nurture young talent. This resulted in a continuous stream of skilled players, ensuring sports growth. Many Asian countries have invested in the construction and maintenance of badminton facilities and stadiums, making it more accessible for both professional and amateur players.
