Government drives market demand, with government spending representing 52.0% of total demand in 2022. Abdul Mohsen Al Hokair Tourism & Development Group is the largest company in Saudi Arabia, generating 7.8% of the industry’s total turnover value in 2022. The industry is fragmented, with the top one company generating 7.8% of total production value in 2022. The total number of companies increases in 2022, to 1,758 units. The costs of the industry increase by 13.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 16.0% of turnover in 2022, the 15th highest regionally. With turnover of USD2.5 billion, Saudi Arabia accounts for 13.0% of the Middle East and North Africa total in 2022.
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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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