Did you know that the world of sports is exploding with excitement and opportunities? 🌟 With improved quality of life, people are investing more in sports and wellness, and the numbers prove it! 📈
According to Statista, the global sports market is expected to reach $796.8 billion by 2025, a leap from $471.3 billion in 2018! 😲 Additionally, the e-sports market is on track to hit $1.8 billion by 2024, growing at a rapid annual rate of 20.7% since 2019. 🎮🔥
And what about fitness? 💪 The fitness industry is booming, projected to reach $115.6 billion by 2026, driven by demand across all ages and lifestyles. There's never been a better time to get in shape! 🏋️♂️
China is not lagging behind in this race. 🏃♂️ In 2022, China's sports industry reached a total value of 3.3 trillion yuan, an increase of 5.9% over the previous year, according to the General Administration of Sports of China. 🏅
The sports services industry contributed an added value of 918 billion yuan, representing 70.1% of the total. The manufacturing of sports products added 368.6 billion yuan (28.2%), and the construction of sports facilities contributed 22.6 billion yuan (1.7%). 🏭⚒️
These numbers are impressive! 😎 Between 2015 and 2019, the size of China's sports industry grew from 1.71 to 2.95 trillion yuan, with an average annual growth of 14.6%. This demonstrates the enormous potential and rapid development of this industry. 🚀
With greater awareness of national fitness and increased sports consumption, the sports industry is expected to continue this positive trend. So whether you're a fan, entrepreneur, or athlete, the sports world is full of opportunities for everyone! 🙌🎉
Reference(s):
Fast-growing sports industry offers a new dynamic for prosperity
cgtn.com
