Trends in leisure activities 2012 market assessment

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Trends in Leisure Activities 2012 - Market Assessment Bharatbook.com has this impressive report " Trends in Leisure Activities 2012 - MarketAssessment " the market has been divided into six main categories, including audio-visual, photographic. Participation in leisure activities has grown in importance since the industrial revolutionin Great Britain, which had a significant impact on culture, not to mention social andeconomic conditions. Since then, working conditions have improved dramatically withinthe UK, while working hours have reduced, thus allowing people to set aside more timefor leisure activities. http://www.bharatbook.com/travel-and-tourism-market-research-reports/trends-in-leisure-activities-2012-market-assessment.html This report will discuss leisure activities as defined and categorised by NationalStatistics’ Classification of Individual Consumption by Purpose (COICOP) system. Usingthis system, the market has been divided into six main categories, including audio-visual,photographic and information-processing equipment; other major durables for recreationand culture; other recreational items and equipment, gardens and pets; recreational andcultural services; newspapers books and stationery; and restaurants, cafés, etc. According to Key Note estimates, as based on figures from National Statistics, consumerexpenditure on leisure activities stood at £172.35bn in 2011 (in terms of current prices),up by 3% from the previous year. Although the recession had some effect on leisureexpenditure in 2009, when it fell by 4.2%, it has since continued to grow, with therecreational and cultural services and restaurants, cafés, etc. sectors observing thestrongest growth in both 2010 and 2011. This is likely to continue in 2012, when Londonplays host to the Olympic Games, thus providing a significant boost to travel and tourismwithin the capital city. Furthermore, the large investment that has been allocated towardsthe Statford area of London in preparation for the Olympics should have a legacy effecton tourism within the locality. Another area of the industry that is likely to do well if the economic recovery shouldcontinue is the audio-visual, photographic and information-processing equipment sector.The popularity of entertainment technology has increased substantially over the pastdecade, boosted by the constant stream of new product developments (NPDs) andinnovations that have been launched on the market. Since 2010, when Apple launched itsfirst iPad, a range of tablet computers have hit the market, with competitors quick to cashin on Apple’s success. Indeed the popularity of tablets, along with mobile phones, hasdriven the mobile gaming market in recent years. The ability of mobiles and tablets tostream music and download films, along with other content, has also provided a boost tothis area of the leisure activities market, while digital sales of books, music and filmshave soared over the past few years. However, this may have a negative effect on thevideo gaming market, which is likely to suffer as more and more people turn to mobilegaming as a more convenient and often cheaper alternative. As a result, console

manufacturers have had to become more inventive, offering more than just video gamesin order to attract consumers, e.g. by providing Internet access via the console, thusallowing users to download content directly to their video gaming device.For more information kindly visit :Trends in Leisure Activities 2012 - Market AssessmentOrBharat Book BureauTel: +91 22 27810772 / 27810773Fax: + 91 22 27812290Email: info@bharatbook.comWebsite: www.bharatbook.comFollow us on twitter: http://twitter.com/#!/Sandhya3BOur Blogs: http://3marketresearchreport.blogspot.in/http://retailmarketresearch.blogspot.com/Follow:

Trends in leisure activities 2012 market assessment

by Bharat Book Bureau, Navi Mumbai on Jul 02, 2012

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