Soccer Ticket Sales - Chile

Chile

Highlights

Revenue in the Soccer Ticket Sales market is projected to reach US$41.86m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.28%, resulting in a projected market volume of US$49.21m by 2029.
In global comparison, most revenue will be generated United Kingdom (US$1.38bn in 2024).
The average revenue per user (ARPU) in the Soccer Ticket Sales market is projected to amount to US$27.84 in 2024.
In the Soccer Ticket Sales market, the number of users is expected to amount to 1.6m users by 2029.
User penetration in the Soccer Ticket Sales market will be at 7.6% in 2024.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Soccer Market in Chile has shown minimal growth, as the market has been impacted by factors such as low enthusiasm among consumers, limited advertising for ticket sales, and restrictions on large gatherings due to the pandemic. Despite this, the market is slowly expanding as digital platforms and online sales are becoming more prevalent.

Customer preferences: As Chilean soccer fans become more digitally savvy, there has been a rise in demand for online ticket sales and digital platforms for purchasing and activating tickets. This trend is driven by the convenience and ease of digital sales, as well as an increasing preference for contactless transactions. Additionally, as the younger generation becomes more engaged in the soccer culture, there is a growing interest in unique experiences such as VIP packages and personalized merchandise.

Trends in the market: In Chile, the Soccer Ticket Sales Market is experiencing a shift towards online ticket sales. This trend is fueled by the increasing demand for convenience and ease of purchasing tickets. With the rise of digital platforms and mobile ticketing, fans can now purchase tickets anytime and anywhere, without having to queue in long lines. This trend is expected to continue as more sports clubs and organizers embrace technology to enhance the overall fan experience. For industry stakeholders, this presents an opportunity to increase sales and reach a wider audience, while also streamlining the ticketing process. However, this trend also poses a challenge for traditional ticketing methods and may require adjustments in strategies to adapt to the changing market landscape.

Local special circumstances: In Chile, the Soccer Ticket Sales Market stands out due to the countrys passionate fanbase and strong soccer culture. The countrys geography, with its long coastline, also plays a role in attracting tourists and boosting ticket sales for international matches. Additionally, Chiles economic and political stability provides a favorable environment for sponsorships and investments in soccer, leading to a thriving market for ticket sales. Furthermore, the recent success of Chilean national teams and local clubs has contributed to the fervor for live soccer events, making it a key factor in driving ticket sales in the country.

Underlying macroeconomic factors: The growth of ticket sales in the Soccer Market is heavily impacted by macroeconomic factors, including national economic health and fiscal policies. Countries with a robust economy and favorable fiscal policies are likely to see an increase in disposable income, which can lead to higher spending on leisure activities such as attending soccer matches. Moreover, global economic trends, such as the rise of tourism and international trade, have a significant impact on the popularity and demand for soccer matches, which ultimately affects ticket sales. Additionally, government investments in sports infrastructure and facilities, as well as favorable regulations and policies, play a crucial role in promoting the growth of the Soccer Ticket Sales Market in the Sports Market.

Data coverage:

The data encompasses B2C revenues. Figures are based on ticket spending. All monetary figures refer to consumer spending on goods in the respective segment, which can be online and offline.

Modeling approach / Market size:

Market sizes are determined through a combination of bottom-up and top-down approaches, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per ticket, price on sport goods). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function or linear forecasting, as it fits the development of either strong growing markets or more sophistacted and saturated markets, such as soccer in Europe.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). We also account for the different cycles of international tournaments, such as world cups or continent cups. Consumer Insights data is reweighted for representativeness.