The sports tourism market size was valued at USD 544.38 billion in 2023 and is expected to be worth USD 618.69 billion in 2024. The market is projected to reach USD 2,089.58 billion by 2032, recording a CAGR of 16.43% during the forecast period.

Sports tourism is a form of tourism wherein individuals travel to different states or countries to either participate in a sports event or watch it as a spectator. Many athletes travel to different nations or states to participate in sports, such as cricket, basketball, and football. Moreover, many people opt for nostalgia visits to places of historical importance where different sporting events were organized. These types of tourism are also a part of sports tourism.

However, the COVID-19 pandemic had an adverse impact on the market’s progress due to government-imposed travel restrictions forced people to stay indoors, which reduced tourist footfall at sports events and tournaments.

Fortune Business Insights™ displays this information in a report titled, "Sports Tourism Market, 2024-2032."

Browse Details Summary for the Sports Tourism Market: https://www.fortunebusinessinsights.com/sports-tourism-market-110568****

Top Companies Covered in the Sports Tourism Market:

• BAC Sport (U.K.)
• Gullivers Sports Travel Limited (U.K.)
• Club Europe Group Travel (U.K.)
• XLSportsTours (U.S.)
• Sportsnet Holidays (Australia)
• DTB Events (U.K.)
• Australian Sports Tours (Australia)
• Navigo Sports (U.S.)
• Dream Team Sports Tour (Italy)
• Melsh Sports Tours (India)

Segmentation:

Basketball and Badminton Games Gain Major Traction Due to Increasing Popularity of These Sports

Based on sports type, the market is segmented into tennis, cricket, football/soccer, and others. The others segment holds a major market share as sports, such as badminton and basketball are gaining immense popularity in countries, such as India, China, the U.S., and the U.K.

Increasing Individual Interest in Watching Sports to Boost Demand for Passive Tourism