Bowling Centers Industry Profile

Companies in this industry operate bowling facilities. Major companies include Bowlero and Lucky Strike Entertainment (all based in the US), as well as Hollywood Bowl and Tenpin (both based in the UK), O'Learys (Sweden), REVS Bowling & Entertainment (Canada), and Round One (Japan).

Worldwide revenue for bowling centers is about $61.5 billion, according to?the Globe News Wire. Bowling is most popular in Australia, the US, Canada, Denmark, England, and Sweden, among others, according to Tutorials Point.

The US bowling center industry includes about 3,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $3 billion.

COMPETITIVE LANDSCAPE

Demographics, personal income, and leisure time drive demand. The profitability of individual companies depends on the ability to drive traffic and provide a superior customer experience. Large companies have advantages in purchasing, finance, and marketing. Small companies can compete effectively by serving a local market or offering a unique experience. The US industry is fragmented: the top 50 companies generate about 30% of sales.

Bowling is both a competitive sport and recreational entertainment. As such, bowling competes with other leisure time activities, including other sports; fitness centers; museums, zoos, and parks; amusement parks and arcades; live entertainment (performing arts and spectator sports); and various forms of media (movies, television, and online content).

PRODUCTS, OPERATIONS & TECHNOLOGY

Bowling centers in the US generate about 55% of revenue from bowling center services and more than 30% ...