All updated as on -
The size of the amusement parks market was estimated at US$ 67.89 billion in 2022, and from 2023 to 2030, total revenue is anticipated to increase at a CAGR of 7.2%, or roughly US$ 11.33 billion.
Amusement parks are renowned for providing its visitors with distinctive experiences. People who want thrills and an adrenaline rush frequently visit various amusement parks. Additionally, these are known to use various themes that grab the customer's interest. The market for amusement parks is growing significantly as a result of this issue. The improvement in living standards and the propensity of consumers to spend money on experiences also contribute to the market's expansion. Another element that creates a potential growth opportunity for the sector is the rise in international tourism.
"Internet of Things" (IoT) refers to physical items that are linked to the internet. Stock and point of sale monitoring will aid in the improvement of the efficiency of the supply chain and sales decisions. By figuring out what foods and products are currently in demand, one can avoid shortages. Additionally, real-time information on wait times at eateries, attractions, and rides will be available to customers. Theme parks will be able to provide a simpler experience while still upholding the demands of social distance as a result. Security concerns are increased as more gadgets become internet-connected, although these concerns are being investigated and minimized.
The primary obstacle limiting the expansion of the entertainment and fun-based companies is the widespread lockdown and social estrangement. The COVID-19 issue has also caused a halt to tourism-related operations, which is expected to restrain the market expansion for amusement parks. The market may be impacted by the current crisis, but after the lockdown is removed, it is anticipated to rise slowly as people go outside to have fun. It is believed that this will accelerate market expansion.
The demand for the market is further increased by the development in technological advancements like internet of things (IOTs) and artificial intelligence (AI), as well as the widespread implementation of these cutting-edge technologies in theme parks and other entertainment areas. Over the course of the projection period, the market expansion will be further fueled by expanding application areas, rising government backing, and rising levels of investment in the development of amusement parks. The primary element propelling the market's growth during the anticipated period is the expanding construction of theme parks around the world. A growing number of amusement parks are being built as a result of the younger generation's growing attraction to and excitement about them. Over the anticipated term, this element is fueling the market's ten-fold rise.
Nowadays, consumers all across the world spend more money experiencing things rather than purchasing them. The promotion of theme-based amusement parks and the growth in public interest rely heavily on social media channels. Additionally, the rising disposable income of the populace, particularly in developing nations like China and India, is a factor driving the market's expansion over the anticipated term. As a result, shifting lifestyles, cultural shifts, and increasing disposable incomes of the populace are blamed for the expansion of amusement parks. Over the anticipated time, all of these elements are generating sizable potential opportunities for the market.
The high installation costs related to constructing amusement parks are one of the obstacles to market expansion. The high cost of upkeep pushes up the entire cost of theme parks, which restrains market expansion. Over the course of the projection period, the market for amusement parks is expected to face challenges due to the escalating safety concerns. The increasing number of accidents caused by broken rides and people breaking the law would hinder the amusement parks market's expansion over the anticipated time period. This report on the amusement parks market details recent developments, trade laws, import-export analysis, production analysis, value chain optimization, market share, and the effects of domestic and regional market participants. It also examines opportunities for new revenue streams, regulatory changes, strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, and geographic information. Contact Data Bridge Market Research for an Analyst Brief if you're interested in learning more about the amusement park market. Our staff will assist you in making an informed choice to build your business.
Report Coverage
Global Amusement Parks research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Amusement Parks report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Amusement Parks competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Amusement Parks market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Amusement Parks market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Amusement Parks market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ardent Leisure (Australia), Cedar Fair Entertainment Company (U.S.), Cedar Fair Entertainment Company (U.S.), The Walt Disney Company (U.S.), SeaWorld Parks & Entertainment, Inc. (U.S.), Six Flags Entertainment Corporation. (U.S.), Merlin Entertainments (U.K.), Fantawild (China), IMG Worlds of Adventure (UAE), Disney Parks, Experiences and Products (U.S.), Universal Theme Parks (U.S.), Six Flags (U.S.), Shanghai Disneyland Park (China), Tokyo Disneyland (Japan), Comcast (U.S.), Ramoji Group, Oriental Land Company Ltd, Euro Disney S.C.A., Freizeit- und Familienpark Mack KG, Efteling Nature Park Foundation.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Amusement Parks market based on the below-mentioned segments:
Global Amusement Parks Market, By Type
Theme Parks
Water Parks
Amusement Parks
Others
Global Amusement Parks market, By Revenue Source
Tickets
Food & Beverages
Merchandise
Hotels & Resorts
Others
Global Amusement Parks Market, By Rides
Mechanical Rides
Water Rides
Others
Global Amusement Parks market, Regional Analysis
Amusement parks are renowned for providing its visitors with distinctive experiences. People who want thrills and an adrenaline rush frequently visit various amusement parks. Additionally, these are known to use various themes that grab the customer's interest. The market for amusement parks is growing significantly as a result of this issue. The improvement in living standards and the propensity of consumers to spend money on experiences also contribute to the market's expansion. Another element that creates a potential growth opportunity for the sector is the rise in international tourism.
"Internet of Things" (IoT) refers to physical items that are linked to the internet. Stock and point of sale monitoring will aid in the improvement of the efficiency of the supply chain and sales decisions. By figuring out what foods and products are currently in demand, one can avoid shortages. Additionally, real-time information on wait times at eateries, attractions, and rides will be available to customers. Theme parks will be able to provide a simpler experience while still upholding the demands of social distance as a result. Security concerns are increased as more gadgets become internet-connected, although these concerns are being investigated and minimized.
The primary obstacle limiting the expansion of the entertainment and fun-based companies is the widespread lockdown and social estrangement. The COVID-19 issue has also caused a halt to tourism-related operations, which is expected to restrain the market expansion for amusement parks. The market may be impacted by the current crisis, but after the lockdown is removed, it is anticipated to rise slowly as people go outside to have fun. It is believed that this will accelerate market expansion.
The demand for the market is further increased by the development in technological advancements like internet of things (IOTs) and artificial intelligence (AI), as well as the widespread implementation of these cutting-edge technologies in theme parks and other entertainment areas. Over the course of the projection period, the market expansion will be further fueled by expanding application areas, rising government backing, and rising levels of investment in the development of amusement parks. The primary element propelling the market's growth during the anticipated period is the expanding construction of theme parks around the world. A growing number of amusement parks are being built as a result of the younger generation's growing attraction to and excitement about them. Over the anticipated term, this element is fueling the market's ten-fold rise.
Nowadays, consumers all across the world spend more money experiencing things rather than purchasing them. The promotion of theme-based amusement parks and the growth in public interest rely heavily on social media channels. Additionally, the rising disposable income of the populace, particularly in developing nations like China and India, is a factor driving the market's expansion over the anticipated term. As a result, shifting lifestyles, cultural shifts, and increasing disposable incomes of the populace are blamed for the expansion of amusement parks. Over the anticipated time, all of these elements are generating sizable potential opportunities for the market.
The high installation costs related to constructing amusement parks are one of the obstacles to market expansion. The high cost of upkeep pushes up the entire cost of theme parks, which restrains market expansion. Over the course of the projection period, the market for amusement parks is expected to face challenges due to the escalating safety concerns. The increasing number of accidents caused by broken rides and people breaking the law would hinder the amusement parks market's expansion over the anticipated time period. This report on the amusement parks market details recent developments, trade laws, import-export analysis, production analysis, value chain optimization, market share, and the effects of domestic and regional market participants. It also examines opportunities for new revenue streams, regulatory changes, strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, and geographic information. Contact Data Bridge Market Research for an Analyst Brief if you're interested in learning more about the amusement park market. Our staff will assist you in making an informed choice to build your business.
Report Coverage
Global Amusement Parks research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Amusement Parks report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Amusement Parks competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Amusement Parks market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ardent Leisure (Australia), Cedar Fair Entertainment Company (U.S.), Cedar Fair Entertainment Company (U.S.), The Walt Disney Company (U.S.), SeaWorld Parks & Entertainment, Inc. (U.S.), Six Flags Entertainment Corporation. (U.S.), Merlin Entertainments (U.K.), Fantawild (China), IMG Worlds of Adventure (UAE), Disney Parks, Experiences and Products (U.S.), Universal Theme Parks (U.S.), Six Flags (U.S.), Shanghai Disneyland Park (China), Tokyo Disneyland (Japan), Comcast (U.S.), Ramoji Group, Oriental Land Company Ltd, Euro Disney S.C.A., Freizeit- und Familienpark Mack KG, Efteling Nature Park Foundation. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Amusement Parks Market from 2021 to 2030.
- Market Forecast for Amusement Parks Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Amusement Parks competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Amusement Parks
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Amusement Parks market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Amusement Parks market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ardent Leisure (Australia), Cedar Fair Entertainment Company (U.S.), Cedar Fair Entertainment Company (U.S.), The Walt Disney Company (U.S.), SeaWorld Parks & Entertainment, Inc. (U.S.), Six Flags Entertainment Corporation. (U.S.), Merlin Entertainments (U.K.), Fantawild (China), IMG Worlds of Adventure (UAE), Disney Parks, Experiences and Products (U.S.), Universal Theme Parks (U.S.), Six Flags (U.S.), Shanghai Disneyland Park (China), Tokyo Disneyland (Japan), Comcast (U.S.), Ramoji Group, Oriental Land Company Ltd, Euro Disney S.C.A., Freizeit- und Familienpark Mack KG, Efteling Nature Park Foundation.
Primary Target Market
- Market Players of Amusement Parks
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Amusement Parks market based on the below-mentioned segments:
Global Amusement Parks Market, By Type
Theme Parks
Water Parks
Amusement Parks
Others
Global Amusement Parks market, By Revenue Source
Tickets
Food & Beverages
Merchandise
Hotels & Resorts
Others
Global Amusement Parks Market, By Rides
Mechanical Rides
Water Rides
Others
Global Amusement Parks market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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