Development Trends of Sports Venue Materials Industry

Today, the 2023 China Sports Expo was held in Xiamen, Fujian Province. More than 1,500 companies participated in this exhibition. This exhibition focuses on Four Major Trends in the future development of the sports venue industry:

1. Intelligent manufacturing

2. Construction standardization

3. Scene segmentation

4. Product enrichment

The current development momentum and resilience of China's sports industry will be based on the above four major development trends, which will actively promote the upgrading of the industry and have a geometric effect of growth and fission. Technology empowers the sports industry, and new sports scenes and floor materials will better help athletes control physical fitness testing, AI+VR systems, big data simulation, Internet Sports+, etc. in real time.

The "2022 China Sports Fields Industry Development In-depth Research Report" predicts that the domestic demand for sports fields materials will reach 236 million square meters by 2025, of which the demand for sports fields materials in ball venues will exceed 180 million square meters, and the demand for track and field materials will exceed 180 million square meters. The demand for venue sports flooring materials will exceed 285 million square meters.

At the same time, according to statistics from the General Administration of Customs of China, China's Sports Fields materials and equipment exports totaled US$17.669 billion in 2022. Even with the three-year epidemic, it has maintained a compound annual growth rate of more than 10%, fully demonstrating the industry's growth resilience and strong development momentum. The growing demand for sports venue materials in the global market will enter the next "Golden Decade" of the Sports Industry.