Global Amusement Parks Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global Amusement Parks market size was valued at US$ 40050 million in 2023. With growing demand in downstream market, the Amusement Parks is forecast to a readjusted size of US$ 50650 million by 2030 with a CAGR of 3.4% during review period.
The research report highlights the growth potential of the global Amusement Parks market. Amusement Parks are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Amusement Parks. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Amusement Parks market.
An amusement park is a park that features various attractions, such as rides and games, as well as other events for entertainment purposes. A theme park is a type of amusement park that bases its structures and attractions around a central theme, often featuring multiple areas with different themes. Unlike temporary and mobile funfairs and carnivals, amusement parks are stationary and built for long-lasting operation. They are more elaborate than city parks and playgrounds, usually providing attractions that cater to a variety of age groups. While amusement parks often contain themed areas, theme parks place a heavier focus with more intricately-designed themes that revolve around a particular subject or group of subjects.
The North American and the European amusement parks markets are anticipated to witness substantial growth due to increasing per capita disposable income along with presence of major theme-based parks in the focused regions. Walt Disney World in Florida is considered as the most visited theme park in the world. Dubailand, an amusement park currently being constructed in Dubai is expected to be the largest theme-based park in the world. In India, Imagica, an amusement park owned by Adlabs, has surged in popularity. Hong Kong Disneyland, Ocean Park Hong Kong, Lotte World (South Korea), Everland (South Korea), Tokyo Disney Resort, and Universal Studios in Japan are some of the most visited amusement parks in Asia Pacific.
Key Features:
The report on Amusement Parks market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Amusement Parks market. It may include historical data, market segmentation by Type (e.g., Science Theme-based Parks, Music/Art Theme-based Parks), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Amusement Parks market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Amusement Parks market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Amusement Parks industry. This include advancements in Amusement Parks technology, Amusement Parks new entrants, Amusement Parks new investment, and other innovations that are shaping the future of Amusement Parks.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Amusement Parks market. It includes factors influencing customer ' purchasing decisions, preferences for Amusement Parks product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Amusement Parks market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Amusement Parks market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Amusement Parks market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Amusement Parks industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Amusement Parks market.
Market Segmentation:
Amusement Parks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Science Theme-based Parks
Music/Art Theme-based Parks
Other Themes
Segmentation by application
Children
Adult
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Disney Parks and Resorts
Universal Studios Theme parks
OTC Parks China
SeaWorld Entertainment
Six Flags Entertainment Corporation
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