Sports training: a hundred billion market to be developed urgently
- Categories:News
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- Time of issue:2021-04-12
- Visits:9
[Summary]As the sports wind continues to blow, all links in the sports industry chain have been continuously enriched by capital, but the sports training industry seems to be a forgotten role.
Sports training: a hundred billion market to be developed urgently
[Summary]As the sports wind continues to blow, all links in the sports industry chain have been continuously enriched by capital, but the sports training industry seems to be a forgotten role.
- Categories:News
- Author:
- Origin:
- Time of issue:2021-04-12
- Visits:9
As the sports wind continues to blow, all links in the sports industry chain have been continuously enriched by capital, but the sports training industry seems to be a forgotten role.
And sports training should be a high-quality and investment-worthy project in the sports industry at this stage. The market is large enough, the business model is clear, the realization speed is fast, it can be replicated, and the growth rate is high. How should such a market with such huge potential be developed?
According to Deloitte’s 2016 Education Industry Report, the market size of China’s K12 training industry reached 180 billion yuan in 2015 and is expected to reach 500 billion yuan in 2020. Nowadays, in the education and training of children, the weight of art and sports training is also increasing. According to professional market research, more than 100 million young people and children participate in various trainings each year. In large and medium-sized cities, more than 75% of primary school students receive after class. All kinds of art and sports training, art, sports and subject training will be the third part of youth education and training, and sports training is also a huge group market of more than 100 billion. Sports training is also a huge group market of more than 100 billion.
Training business is also a project with excellent profit margins, generally reaching about 60%. Take Beijing’s basketball training as an example. Generally, Beijing’s basketball training costs about 200 yuan per two-hour class. Each class has a capacity of 20 students, and the income is 4,000 yuan per class. The cost is generally 800 yuan per class on average Hour of indoor basketball stadium and 700 yuan for two hours of coaches and teaching assistants.
In addition to good cash flow, youth sports training is also a very valuable source of flow. These youths learn from the organization all the year round and will have a very high loyalty to the organization, and can create a unique youth sports community that can be developed around the youth community Events, equipment, smart hardware, sports tourism, online education, etc. will all be the extended profit growth point of the sports training industry.
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