Bulgaria Construction Sector Growth Analysis: Ken Research

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Bulgaria is a country covered with mountains, forests, and beaches that encourages construction of many outdoor leisure facilities. All the outdoor leisure facilities includes sports pitches, cycle tracks, mountain biking routes, walking routes in parks, outdoor gyms, multi use sports fields, theme parks, playgrounds, track fields, golf courses, athletics tracks, outdoor cinemas and other outdoor recreation facilities. Outdoor leisure activities include adventure racing, backpacking, cycling, canoeing, caving, disc golf, fishing, hiking, rafting, horseback riding, hunting, kayaking, rock climbing, running, sailing, skiing, surfing, and sports. Team sports and practice are also a part of outdoor leisure activities.

The outdoor leisure facilities are constructed majorly at the tourist locations to encourage tourism in Bulgaria. These services reflect growth and interest in hospitality industry towards consumers’ wellness which is the major growth promoter for the tourism market. Tourists from various parts of the world are attracted to outdoor leisure services, which benefits hotels. Outdoor leisure activities function parallel to health and wellness programs. Almost all wellness programs include special diets with seasonal fruits, organic food, and natural herbs, massages with aromatherapy oils, and spa treatments within the hotels.

According to the study “Outdoor Leisure Facilities (Construction) in Bulgaria: Market Analytics by Category & Cost Type to 2021”, introduction of theme and amusement parks in Bulgaria has created employment along with the generation of huge revenue for the country. The construction and operation of the theme parks has a positive effect on the country’s economy. These parks are constructed in various sizes based on the allotted land such as large, medium, and small theme parks. Amusement parks are always large and accommodate almost all the outdoor leisure facilities for all ages of population. Arihant has built the largest waterpark in Sozopol and is Bulgaria’s biggest waterpark due for opening. The park features 16 slides and 16-platform water play structure for all ages, the attractions includes family float slides, body slides and closed slides, as well as multi-racer slide and kiddie slides.

Bulgaria is a popular skiing destination from December to April. Popular ski resorts are Borovets, Pamporovo and Bansko. Climbing, hiking, mountain-biking and caving are also few popular outdoor leisure activities in Bulgaria’s mountainous regions. Water-sports on the Black Sea coast are also very popular with tourists and Bulgarians. Football is a popular sport in Bulgaria along with a large number of spectators. Other outdoor sports also include athletics, tennis, wrestling and boxing. Many outdoor leisure facilities host Bulgarian rich cultural heritage and festivals annually with traditional music, folk dancing and costumes.

Outdoor leisure facilities construction includes buildings associated with the activities within theme parks, parks, playgrounds, sports and track fields, golf courses, athletics tracks, outdoor cinemas and other outdoor recreation facilities. The construction activity includes new construction, repair and maintenance, refurbishment and demolition across the outdoor leisure facilities market in Bulgaria. Major Bulgarian cities have a good range of entertainment options such as opera and classical music concerts, rock music venues, nightclubs, discos, pubs, bars, cinemas, theatres, museums, historical buildings and monuments of interest. Fluctuations were experienced in the outdoor leisure facilities construction category in Bulgaria. It was observed that Bulgarian outdoor leisure facilities construction market will witness a steady growth over the next few years due to demand for more innovative structural designs in constructions. The introduction of new players in the construction sector will also impact the outdoor leisure market in Bulgaria.

For more information on the research report, refer to below link:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/outdoor-leisure-facilities-construction-bulgaria-market-analytics/130195-97.html

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