In buying a sports business in Indonesia, the wisest move to first take is to look at the facts, the numbers, and the data to ensure that what you are venturing into will be profitable. These key facts and trends are essential to look at since these are what will tell you of the performance of a specific industry.
In this article, we will tackle the opportunities and key trends of the sports industry in Indonesia to help you discern whether you should get a sports business for sale in Indonesia.
The Sports Events segment is made of ticket sales for professional sporting events that are bought through online means. These professional sporting events include football, basketball, baseball, and other ball sports. Aside from those, it also includes motorsports such as Formula 1 and NASCAR.
For better understanding, the Sports Events segment engulfs the sale of digital tickets with QR codes, as well as the physical paper tickets that are purchased via online means and posted to a specific address or can be claimed at a designated collection point.
The revenue generated in the Sports Events segment in 2018 amounts to $74 million. Further studies show that during the period of 2018 to 2022, this segment will exhibit a 15.2 percent growth, which will result in a market volume of $151 million by the end of the year 2023. Besides those, user penetration is at 1.4% in 2018 and is expected to rise by 1.6% by 2023.
Sport & Outdoor Market Analysis
The market segment called Sport and Outdoor is made up of leisure products that are related to sports and outdoor activities. These products include clothing, shoes, and other sports and outdoor equipment such as hiking poles, backpacks, fitness equipment, sporting weapons, hunting devices, swimming accessories, golf clubs, and many more.
Before proceeding in a business takeover of any sport and outdoor segment, you should first know that this segment’s revenue is already at $305 million in 2018. The good thing here is that it is expected to have an annual growth rate of 13% from 2018 to 2023, which will pave the way into a market volume of $563 million by 2023! User penetration is at 6% and is projected to grow to 9.1% by 2023.
Looking for a sports business in Indonesia?
Suppose you are looking to procure a sports business in Indonesia because of the promising facts and figures shown in discussing the opportunities and key trends in the country’s sports industry. In that case, you can check out Easy Buy Sell Business Indonesia. It is a business platform where you can easily check out all the available sports business opportunities in Indonesia that you can procure!
What is good about Easy Buy Sell Business is that it is a business for a sales center that is very intuitive to use! You can look for any sports selling business by easily searching through your phone or laptop! On top of all of that, they will also guide you all the way until the takeover!