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Request Now !Amusement parks are known to offer unique experiences to its customers. The one’s who seek for excitement and adrenaline rush in life often visit different amusement parks. Further, these are also known to make use of different themes, which attract the customer’s attention. This factor majorly boosts the growth of the amusement parks market. Also, rise in standard of living and the tendency of the people to spend on experiences further foster the market growth. In addition, increase in international tourism is another factor that makes way for lucrative growth opportunity for the market.
Market scope and structure analysis
Report Metric | Details |
Market Size Available for Years | 2020–2027 |
Base Year Considered | 2019 |
Forecast Period | 2021–2027 |
Forecast Units | Value ($US) |
Segments Covered | Type, Revenue Source, and Ride |
Regions Covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA) |
Companies Covered | Universal Parks and Resorts, Walt Disney Parks and Resorts, Merlin Entertainments, Six Flags Entertainment Corporation, Oriental Land Company Ltd., Shanghai Shendi Group, Freizeit- und Familienpark Mack KG, Euro Disney S.C.A., Efteling Nature Park Foundation and Ramoji Group |
Exciting rides, museums, fun-based activities, accommodation facilities, along with innovative architecture, and merchandise attract people toward amusement parks. This increases the number of visitors to the amusement parks, which in turn boosts the market growth.
Some of the key sources of revenue for amusement parks are sale of merchandise and food & beverage products through outlets and food zone located inside the park. In addition, increase in urban based population, international tourism, and rise in of middle-class population’s disposable income contributes to the increase of the market share.
The global amusement parks market trends are as follows
The increase in popularity of Internet of Things (IoT)-enabled theme parks is one of the important trends in the amusement parks market. The operations of the amusement parks are revolutionized with the use of Information of Things. It helps track and monitor various associated activities and manage large crowd at the park.
The IoT-based wristband functions as an entry pass for the visitors and possesses the capability to facilitate credit card transactions. These parks help parents to track their child’s movement with the help of sensors.
To add differentiation in the services and to attract more visitors, the amusement parks offer varied types of entertainment services, which could be regular or seasonal. There are several amusement parks that organize musical plays, concerts, and other programs time and again to get maximum footfall.
To deliver the best results and to tell stories in better terms, technologies like AR and VR are also being used. For instance, many such experiences are being offered in California by VR Showdown in Ghost Town which is part of Knott’s Berry Farm.
Key Segments Covered:
Segments | Sub-segments |
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Revenue Source |
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Rides |
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Key Benefits of the Report:
Questions Answered in the Amusement Parks Market Research Report:
Key Market Segments
Segments | Sub-segments |
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By Type |
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By Revenue Source |
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By Rides |
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By Region |
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Key Market Players
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