Amusement Parks Market Overview
Amusement parks play a significant role within the international recreation and leisure trade. These recreational facilities supply a good form of recreation choices and act as a one-stop-shop leisure and recreation answer that thrives as a key traveller attraction supply for revenue generation. Therefore, it's majorly driven by the rising count of retired baby boomers, World Health Organization square measure dedicated to recreation and leisure payment. to boot, the growing international business enterprise has been representing a moneymaking client cluster for theme parks and marine parks.
Revolution of IoT is clear in varied operations of the amusement parks. This technology is aiding in trailing and monitoring all the activities and also to manage the crowd at the park. What is more, the IoT wristband functions like a passport that is an entrance price tag for guests and also alter credit-card transactions facility. IoT-enabled instructional theme parks help folks to trace their children’s movement at some point of the park, with the assistance of sensors. of these factors along boosting the funfair market demand. In theme parks, manually submitted data to a State agency by a user are excluded either in written or electronic kind and this data of users is accessible to the who are serving during a business capability alongside business homeowners, officers of a business.
Now-a-days, customers are investment a lot of quantity in experiencing instead of getting to pay their leisure. As an area of it, they're outlay disposable incomes for distinctive experiences with personalization, thereby driving the expertise economy. Social media platform plays a key role in guiding the customers to accelerate the demand for such experiences. During these modern times, all age bracket folks specifically company employees are willing to own expertise at amusement parks to pay a healthy family-friendly time. Ever-changing modus vivendi, cultural shift and increasing prominence to guide a holistic life with a balance of labour and leisure is conducive to the growth of funfair market revenue.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Age Type , Source of Revenue and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Walt Disney Company, Chimelong Group Co. Ltd, SeaWorld Parks & Entertainment, Inc., Ardent Leisure Group, Six Flags Entertainment Corporation, Merlin Entertainments, Cedar Fair Entertainment Company, Fantawild Group, and Ilyas & Mustafa Galadari Group (IMG) Theme Park Association. |
The covid-19 Impact on Amusement Parks Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor Industry. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor Industry. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Amusement Parks Market Segment Overview
Based on age limit, the market is divided as follows Up to 18 Years, 19 to 35 Years, 36 to fifty Years, fifty one to sixty five Years, and more than 65 Years. Over the past few years, the 19 to thirty five years cluster accounted for over 30.0% of the market revenue. This section is probably going to dominate the market during the forecast period. it absolutely was conjointly observed that the people of 36-50 conjointly contributed to the revenue to a major extent. the expansion of the section will be attributed to the increasing range of parents related their children below or up to eighteen years getting on to amusement parks.
Based on Revenue Sources, the market is divided into Tickets, Food & Beverages, Merchandise, Hotels & Resorts, and Others. The tickets section command the leading share within the market within the past few years. The price tag section is probably going to expertise continuous growth throughout the forecast amount since amusement parks generate the most revenue through tickets. The introduction of accommodation facilities in hotels and resorts within park premises is elevating revenue generation. This section is calculable to witness to be the fastest-growing during the forecast amount.
Market Analysis, Insights and Forecast – By Age Type
· Up to 18 Years
· 19 to 35 Years
· 36 to 50 Years
· 51 to 65 Years
· More than 65 Years
Market Analysis, Insights and Forecast – By Source of Revenue
· Tickets
· Food & Beverages
· Merchandise
· Hotels & Resorts
· Others
Amusement Parks Market Regional Overview
Region-wise, in terms of regions, North America dominated the world amusement parks market share, accounts for over 400th, followed by APAC and Europe. It’s because of the offers provided by the regional park team in terms of the full program of shows and festivals at some point of the year. Ranging from the tiny freelance parks to giants that embrace Walter Elias Disney resort attractions and Universal Studios. The most range of amusement parks presence within the U.S. and North American country are engaged in spreading the fun for thrill-seekers through jaw-dropping thrill rides, Frisbee rides, spider-man motion-simulating ride, and dizzying roller coasters.
Amusement Parks Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Amusement Parks Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Amusement Parks are highlighted below.
· In 2023, the institution of the biggest indoor theme park jukebox Universe went on at the dream Mall in New Jersey, North America. It’s equipped with thirty five rides, SpongeBob, the teen Mutant Ninja Turtles and Dora the explorer.
Amusement Parks Market, Key Players
· Walt Disney Company
· Chimelong Group Co. Ltd
· SeaWorld Parks & Entertainment, Inc.
· Ardent Leisure Group
· Six Flags Entertainment Corporation
· Merlin Entertainments
· Cedar Fair Entertainment Company
· Fantawild Group
· Ilyas & Mustafa Galadari Group (IMG) Theme Park Association.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Amusement Parks market during the forecast period?
Amusement Parks market is expected to record a CAGR of ~ xx% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Amusement Parks Market?
Tickets segment is projected to hold the largest share in the Amusement Parks Market
Q3. What are the driving factors for the Amusement Parks market?
Revolution of IoT is clear in varied operations of the amusement parks. This technology is aiding in trailing and monitoring all the activities and also to manage the crowd at the park is a key factor that boosts the growth of the Amusement Parks market progressively
Q4. Which Segments are covered in the Amusement Parks market report?
Age Type, Source of Revenue, and Region, these segments are covered in the Amusement Parks market report
Q5. Which are the prominent players offering Amusement Parks?
Walt Disney Company, Chimelong Group Co. Ltd, SeaWorld Parks & Entertainment, Inc., Ardent Leisure Group, Six Flags Entertainment Corporation, Merlin Entertainments, Cedar Fair Entertainment Company, Fantawild Group, and Ilyas & Mustafa Galadari Group (IMG) Theme Park Association are the prominent players offering Amusement Parks
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Amusement Parks Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Age Type
- 5.2.1. Up to 18 Years
- 5.2.2. 19 to 35 Years
- 5.2.3. 36 to 50 Years
- 5.2.4. 51 to 65 Years
- 5.2.5. More than 65 Years
- 5.3. Market Analysis, Insights and Forecast – By Source of Revenue
- 5.3.1. Tickets
- 5.3.2. Food & Beverages
- 5.3.3. Merchandise
- 5.3.4. Hotels & Resorts
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Amusement Parks Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Age Type
- 6.2.1. Up to 18 Years
- 6.2.2. 19 to 35 Years
- 6.2.3. 36 to 50 Years
- 6.2.4. 51 to 65 Years
- 6.2.5. More than 65 Years
- 6.3. Market Analysis, Insights and Forecast – By Source of Revenue
- 6.3.1. Tickets
- 6.3.2. Food & Beverages
- 6.3.3. Merchandise
- 6.3.4. Hotels & Resorts
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Amusement Parks Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Age Type
- 7.2.1. Up to 18 Years
- 7.2.2. 19 to 35 Years
- 7.2.3. 36 to 50 Years
- 7.2.4. 51 to 65 Years
- 7.2.5. More than 65 Years
- 7.3. Market Analysis, Insights and Forecast – By Source of Revenue
- 7.3.1. Tickets
- 7.3.2. Food & Beverages
- 7.3.3. Merchandise
- 7.3.4. Hotels & Resorts
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Amusement Parks Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Age Type
- 8.2.1. Up to 18 Years
- 8.2.2. 19 to 35 Years
- 8.2.3. 36 to 50 Years
- 8.2.4. 51 to 65 Years
- 8.2.5. More than 65 Years
- 8.3. Market Analysis, Insights and Forecast – By Source of Revenue
- 8.3.1. Tickets
- 8.3.2. Food & Beverages
- 8.3.3. Merchandise
- 8.3.4. Hotels & Resorts
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Amusement Parks Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Age Type
- 9.2.1. Up to 18 Years
- 9.2.2. 19 to 35 Years
- 9.2.3. 36 to 50 Years
- 9.2.4. 51 to 65 Years
- 9.2.5. More than 65 Years
- 9.3. Market Analysis, Insights and Forecast – By Source of Revenue
- 9.3.1. Tickets
- 9.3.2. Food & Beverages
- 9.3.3. Merchandise
- 9.3.4. Hotels & Resorts
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Agility Logistics
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Allcargo Logistics
- 10.6. Ceva Logistics
- 10.7. Damco International A/S
- 10.8. GATI Ltd
- 10.9. Imperial Logistics
- 10.10. Hub Group
- 10.11. Kerry Logistics
- 10.12. Logwin
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
