GEO Sports
Passionate about sports, Excellent in service
Core Business
Geo Sports is a company that has activities in Creating and operating sports facilities and clubs, manufacturing, and sale of sports equipment and other products, sports instructors, and other professionals.
Different sides of GEO Sports
Sports Facilities
Sports Clubs
Sports Equipment
Sports Apparel
Sports Instructors and Professionals
Sports Events
Fitness and Wellness
Education and Training
Digital and Technology
About the Industry
Sports facilities and equipment refer to the infrastructure, tools, and devices used in sports activities. The industry encompasses various segments, including manufacturing, distribution, and maintenance of sports equipment, construction and management of sports facilities, and provision of related services.
Industry Definition
The sports facilities and equipment industry encompasses various segments, including the manufacturing, distribution, and maintenance of sports equipment, the construction and management of sports facilities, and the provision of related services such as fitness training, nutrition counseling, and sports medicine. The industry also includes sports leagues, clubs, and organizations that promote and regulate sports activities.
Global Market Size
The global sports equipment market size was valued at $81.3 billion in 2020 and is projected to reach $114.8 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. The Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by the increasing adoption of sports and fitness activities in countries such as China and India. The increasing popularity of sports such as football, basketball, and tennis is also driving the growth of the industry.
Growth Rates
The sports facilities and equipment industry is growing at a steady pace due to the increasing adoption of sports and fitness activities worldwide. The rising awareness of the health benefits of sports and the increasing disposable income of individuals are driving the growth of the industry. Moreover, the increasing popularity of e-sports and virtual sports is creating new growth opportunities for the industry.
Trends
The sports facilities and equipment industry is witnessing several trends that are shaping its growth. One of the major trends is the increasing adoption of smart sports equipment that can track and monitor performance metrics such as heart rate, calories burned, and distance covered. Another trend is the rising demand for eco-friendly sports equipment and facilities that reduce the carbon footprint of sports activities. Additionally, the growing popularity of e-sports and virtual sports is creating new opportunities for the industry.
Issues
The sports facilities and equipment industry is facing several challenges that are impacting its growth. One of the major issues is the high cost of sports equipment and facilities, which limits the accessibility of sports activities to low-income individuals. Another issue is the lack of infrastructure and facilities in many parts of the world, which hinders the growth of sports activities in those regions. Moreover, the increasing competition from counterfeit sports equipment is also a significant challenge for the industry.
Opportunities
The sports facilities and equipment industry is witnessing several opportunities that can drive its growth in the future. One of the major opportunities is the increasing adoption of sports and fitness activities worldwide, driven by the rising awareness of the health benefits of sports. Another opportunity is the growing popularity of e-sports and virtual sports, which can create new growth avenues for the industry. Moreover, the increasing demand for eco-friendly sports equipment and facilities is another significant opportunity for the industry.
Invest on
GEO Sports' projects
Are you looking to invest in a thriving sports industry with huge growth potential? Look no further than GEO Sports, the premier sports company in Georgia.
With a diverse range of offerings, including sports facilities, clubs, equipment, apparel, and more, GEO Sports is uniquely positioned to capitalize on the growing global demand for sports and fitness. Our team of experienced professionals is dedicated to providing top-notch service and unparalleled expertise in all aspects of the sports industry.
Investing in GEO Sports is a smart choice for any investor looking to be part of a dynamic and growing market. With the continued rise in global interest in sports and fitness, GEO Sports is poised for significant growth and profitability in the years to come.
Join us in our mission to bring world-class sports facilities, equipment, and services to Georgia and beyond. Contact us today to learn more about investment opportunities with GEO Sports.
GEO HOLDING
ADVISORY BOARD
Nika Javakhishvili
Legal Advisor
Ana Kalandadze
Marketing Advisor
Davit Qobuladze
Financial Advisor
Mariam Tsereteli
Mariam Tsereteli
Giorgi Kartvelishvili
Technology Advisor
Natia Meskhi
Operations Advisor
Levan Gogoladze
Strategy Advisor
Tamar Lomidze
Customer Experience Advisor
Join GEO Sports' Boards
GEO Sports is always looking for highly qualified and experienced individuals to join our team in leadership positions. As we continue to expand our business and establish ourselves as a leader in the sports industry, we need talented individuals who are passionate about sports and have a proven track record of success.
We are looking for people with a diverse range of skills and experiences, including expertise in finance, marketing, operations, and technology. We are also seeking individuals with experience in the sports industry, including former athletes, coaches, and executives.
As a member of the GEO Sports leadership team, you will have the opportunity to shape the future of our company and the sports industry as a whole. You will work alongside other talented and driven individuals to develop and implement innovative strategies, build strong partnerships, and create new opportunities for growth and success.
If you are interested in joining the GEO Sports team, please click the button below to submit your resume and cover letter. We look forward to hearing from you and exploring the potential of working together to make a difference in the sports industry.
Why Georgia?
There are several advantages and opportunities for doing sports-related business in Georgia. Here are some of the most significant ones:
- Strategic Location: Georgia is located at the crossroads of Europe and Asia, which makes it an ideal location for sports-related businesses that want to serve customers on both continents. The country is also adjacent to the Black Sea, which provides access to sea routes to many countries in Europe and Asia.
- Growing Economy: Despite the challenges posed by the COVID-19 pandemic, Georgia’s economy has been growing steadily over the past few years. According to the World Bank, Georgia’s GDP grew by 5% in 2019, and the country is expected to rebound in 2021 with a growth rate of around 4%. This growth provides many opportunities for sports-related businesses to tap into a growing market.
- Supportive Government Policies: The Georgian government has been implementing several policies to support the growth of the sports industry. For example, the country offers tax incentives to companies that invest in sports infrastructure or sponsor sports events. The government is also investing in the development of sports facilities, such as the construction of a new sports complex in Tbilisi.
- Low Business Costs: Georgia offers low operating costs compared to many other European countries, making it an attractive destination for businesses looking to keep costs down. The country has a flat income tax rate of 20%, and there are no property taxes on buildings or land.
- Skilled Workforce: Georgia has a highly educated workforce, with a literacy rate of almost 100%. The country also has several universities and technical schools that offer programs in sports-related fields such as sports management, physical education, and kinesiology.
- Tourism: Georgia is known for its beautiful landscapes, rich culture, and hospitality. The country attracts many tourists every year, and sports-related businesses can take advantage of this by offering sports tourism packages, such as adventure sports, golf, and skiing.
- Growing Sports Culture: Sports have always been an important part of Georgian culture, and the country has a rich history in many sports, including wrestling, weightlifting, and rugby. In recent years, the country has been making strides in other sports, such as basketball and football. This growing sports culture provides many opportunities for sports-related businesses to tap into a passionate and growing market.
Conclusion
In conclusion, Georgia offers many advantages and opportunities for sports-related businesses, including a strategic location, a growing economy, supportive government policies, low business costs, a skilled workforce, a thriving tourism industry, and a growing sports culture. These factors make Georgia an attractive destination for businesses looking to tap into the sports industry in Europe and Asia.
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For More Information
Address
No. 7, Robakidze Ave, Tbilisi, Georgia
Phone
+995 596 896 000
info@geoholding.ge