UK Sports Team And Clubs Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 22.33 Billion |
Market Size (2029) | USD 31.49 Billion |
CAGR (2024 - 2029) | 7.12 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
UK Sports Team And Clubs Market Analysis
The UK Sports Team And Clubs Market size is estimated at USD 22.33 billion in 2024, and is expected to reach USD 31.49 billion by 2029, growing at a CAGR of 7.12% during the forecast period (2024-2029).
Sports play an important role in the United Kingdom, and many organized sports are part of sports culture. The United Kingdom is involved in setting out the formal rules of many sports, national teams, and domestic league competitions. In the United Kingdom, advertising exists as the largest segment of sports revenue generation. United Kingdom teams and clubs use social media and mobile apps to expand their reach and connect with fans in a more personal way. This has resulted in the development of new revenue sources, including digital advertising, online shopping, and streaming services.
With the advent of COVID-19 sports industry in the United Kingdom suffered a major setback. Post-COVID, the market is experiencing gradual growth as people start to visit stadiums to watch live matches and races held. The sports teams and clubs industry in the United Kingdom is witnessing an infinite of trends that are impacting its overall structure and operations. One of the most notable trends is the use of technology in enhancing fan engagement and diversifying revenue streams.
UK Sports Team And Clubs Market Trends
Digital Transformation and E-Sports Integration
- United Kingdom sports team and clubs market continue to move towards digital platforms, with clubs and organizations investing in online presence, live streaming, and fan engagement via social media platforms and mobile applications.
- E-sports has grown in popularity in Europe, and traditional sports organizations and clubs have started to enter the world of e-sports. Teams and leagues have been created in response to the growing interest in competitive gaming.
- Social media is playing a vital role in driving engagement with sports fans. Sports teams are trying to engage the fans by involving them in social media discussions or polls.
Increase In Advertisement Revenue of Sports Team And Club Market
- There is a direct relationship between success in the sport and good financial performance. It is self-fulfilling in a way. The more money available to spend on better players via transfer fees and wages, the more likely it is that the club will be even more successful.
- Such as new markets, new digital viewing platforms, as well as changes in the expectations and behaviors of the fans are combined to create new revenue opportunities that did not exist before. With a continuous rise in sports revenue, the generation of revenue through advertisement is also observing a significant increase.
- United Kingdom digital Ads revenue has observed a significant rise over the years. With this, media spending in sports observed a continuous increase, and more than 50% of the revenue was generated through marketing rights.
UK Sports Team And Clubs Industry Overview
The United Kingdom sports team and clubs market is a fragmented industry. In terms of market share, few significant players currently dominate the market. Some significant players are Matchroom Sports, Queensberry Promotions, Premier League, Rugby Football Union (RFU), and The Jockey Club.
UK Sports Team And Clubs Market Leaders
-
Manchester United
-
Liverpool
-
Manchester City
-
Chelsea
-
Tottenham Hotspur
*Disclaimer: Major Players sorted in no particular order
UK Sports Team And Clubs Market News
- July 2023: The Jockey Club introduced TrustATrader as their newest Group Partner through an online trade directory collaboration. Under this partnership, TrustATrader will establish its brand presence and proudly sponsor races throughout The Jockey Club's extensive network of 15 racecourses, including three prestigious festivals: The Cheltenham Festival, The Randox Grand National Festival at Aintree, and The Derby Festival at Epsom Downs.
- December 2022: Eagle Football Holdings Bidco Limited, a London-based group spearheaded by digital entrepreneur and fervent football enthusiast John Textors, successfully acquired a substantial controlling stake in Olympique Lyonnais Groupe SA, a prominent French Ligue 1 soccer team.
UK Sports Team And Clubs Market Market Report - 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 Rising in Sports Events Driving The Market
4.3 Market Restraints
4.3.1 Changing Product and Brand loyalty in Sports affecting the Market
4.4 Market Opportunities
4.4.1 Promotion of National and International Leagues on Different Sports
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porters' Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Football
5.1.2 Cricket
5.1.3 Rugby
5.1.4 Other Sports
5.2 By Revenue Source
5.2.1 Media Rights
5.2.2 Merchandising
5.2.3 Ticket
5.2.4 Sponsoring
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Manchester United
6.2.2 Liverpool
6.2.3 Manchester City
6.2.4 Chelsea
6.2.5 Tottenham Hotspur
6.2.6 Arsenal
6.2.7 West Ham United
6.2.8 Crystal Palace
6.2.9 Newcastle United
6.2.10 Leicester City
6.2.11 England Cricket Board
6.2.12 England National Rugby Union*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
UK Sports Team And Clubs Industry Segmentation
Sports teams are essentially homogeneous because members rely on each other to accomplish tasks and to accomplish results. A sports club is an organization made up of people who play a particular sport. A sports club can be made up of any number of different types of clubs.
The United Kingdom sports team and clubs market report is segmented by type of sports and revenue source. The type of sports is sub-segmented into football, cricket, rugby, and other sports, and revenue sources is sub-segmented into media rights, merchandising, tickets, and sponsorship. The report offers market sizes and forecasts for the United Kingdom sports teams and clubs market in value (USD) for all the above segments.
By Type | |
Football | |
Cricket | |
Rugby | |
Other Sports |
By Revenue Source | |
Media Rights | |
Merchandising | |
Ticket | |
Sponsoring |
UK Sports Team And Clubs Market Market Research Faqs
How big is the UK Sports Team And Clubs Market?
The UK Sports Team And Clubs Market size is expected to reach USD 22.33 billion in 2024 and grow at a CAGR of 7.12% to reach USD 31.49 billion by 2029.
What is the current UK Sports Team And Clubs Market size?
In 2024, the UK Sports Team And Clubs Market size is expected to reach USD 22.33 billion.
Who are the key players in UK Sports Team And Clubs Market?
Manchester United, Liverpool, Manchester City, Chelsea and Tottenham Hotspur are the major companies operating in the UK Sports Team And Clubs Market.
What years does this UK Sports Team And Clubs Market cover, and what was the market size in 2023?
In 2023, the UK Sports Team And Clubs Market size was estimated at USD 20.74 billion. The report covers the UK Sports Team And Clubs Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UK Sports Team And Clubs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Sports Team And Clubs Market Industry Report
Statistics for the 2024 UK Sports Team And Clubs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Sports Team And Clubs analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.