A new report indicates significant growth in Canada's professional women's sports market [1]. The market has doubled in size over the past two years and is projected to exceed $500 million by 2030 [1].
Market Growth and Projections
Canadian Women and Sport conducted the study, which is titled "It’s Time: Leading the Next Era of Growth" [1]. The report highlights the increasing market value of women's sports in Canada [1]. This surge reflects a growing interest and investment in professional women's leagues and athletes [1].
Future Outlook
The findings suggest a promising future for women's sports in Canada, with substantial economic opportunities on the horizon [1]. Achieving a valuation of over half a billion dollars by 2030 would signify a major milestone for the industry [1]. This growth trajectory signals a positive shift in the sports landscape, fostering greater visibility and support for female athletes [1].
TL;DR
- Canada's professional women's sports market has doubled in size in the last two years [1].
- A new report projects the market to reach over $500 million by 2030 [1].
- The report, "It’s Time: Leading the Next Era of Growth," was conducted by Canadian Women and Sport [1].
- This growth signifies increasing investment and interest in women's sports in Canada [1].