Government drives market demand, with government spending representing 42.0% of total demand in 2021. Abdul Mohsen Al Hokair Tourism & Development Group is the largest company in Saudi Arabia, generating 7.4% of the industry’s total production value in 2021. The industry is fragmented, with the top two companies generating 7.6% of total production value in 2021. The total number of companies decreases in 2021, to 1,936 units. The costs of the industry increase by 1.6% in 2021, largely driven by rising labour costs. The industry’s profitability decreases and stands at 21.5% of turnover in 2021, the 15th highest regionally. With turnover of USD2.2 billion, Saudi Arabia accounts for 7.3% of the Middle East and Africa total in 2021.
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This Euromonitor industrial report provides unique information on Sporting and Recreational Services in Saudi Arabia: ISIC 924. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sporting and Recreational Services in Saudi Arabia: ISIC 924 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of filmmaking, movie theatres, radio and TV, theatre and music production, amusement parks and entertainment services, news agencies, library, museums and cultural services, and sporting and recreational services.
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