According to IMARC Group’s latest report, titled “Amusement Parks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global amusement parks market reached a value of US$ 54.7 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.4% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Amusement parks are open-air recreational and entertainment zones based on fictional characters and themes. They are commercially operated extensions to fairs and picnic gardens and offer various amusement activities, such as mechanical rides, water parks, theme parks, arcades, casinos, sports betting facilities, hotels, resorts, and refreshment zones. Amusement parks also include theatrical plays, immersive cinematic experiences with high-definition (HD) music and light shows.
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Market Trends:
Rapid urbanization, along with the expanding travel and tourism industry, is augmenting the market for amusement parks. Furthermore, innovative rides, accommodation facilities, and official merchandise available in the amusement parks, along with numerous theme-based adventurous and attractions, are also bolstering the market. Additionally, the market is further catalyzed by the rapid integration of hydraulics, pneumatics, animatronics, and Internet-of-Things (IoT) to track and monitor activities in the park. Augmented reality (AR) and virtual reality (VR) technologies also provide interactive experiences to the visitor. Moreover, increasing consumer expenditures on entertainment, rising construction activities of themed amusement parks, and the development of 4D rides are further expected to drive the market.
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List of Key Companies Covered in this Market Report:
- Ardent Leisure Group
- Cedar Fair Entertainment Company
- Chimelong Group Co. Ltd.
- Comcast Corporation
- Fantawild Holdings Inc. (Shenzhen Huaqiang Holdings Ltd.)
- IMG Worlds of Adventure
- Merlin Entertainments (The Blackstone Group)
- SeaWorld Parks & Entertainment Inc.
- Warner Media LLC
- The Walt Disney Company
The report has segmented the market on the rides, revenue source, age group and geography.
Breakup by Rides:
- Mechanical Rides
- Water Rides
- Others
Breakup by Revenue Source:
- Ticket
- Food and Beverage
- Merchandise
- Hotels/Resorts
- Others
Breakup by Age Group:
- Up to 18 Years
- 19 to 35 Years
- 36 to 50 Years
- 51 to 65 Years
- More than 65 Years
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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