Global Family Entertainment Centers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Family Entertainment Centers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Family Entertainment Center is a small amusement park for families with children to teenagers, usually completely indoors. Various games and activities provide entertainment for people of all ages, and bring fun and excitement to every family member.

Market Overview:

The latest research study on the global Family Entertainment Centers market finds that the global Family Entertainment Centers market reached a value of USD 16155.24 million in 2022. It’s expected that the market will achieve USD 25690.2 million by 2028, exhibiting a CAGR of 8.04% during the forecast period.

Influence of COVID-19 Outbreak on Family Entertainment Centers Industry Development

Although governments have made great efforts to cope with economic recession with the support of fiscal and monetary policies, for many emerging markets and developing countries facing great vulnerability, it is crucial to strengthen public health systems, cope with the challenges brought by informality, and implement reforms. Once the health crisis is alleviated, these reforms will support strong and sustainable growth. The pneumonia epidemic in COVID-19 has affected almost every region of the world. Every region has been affected by substantial growth and degradation. East Asia and the Pacific grew by only 0.5%. South Asia contracted 2.7%, sub-Saharan Africa contracted 2.8%, Middle East and North Africa contracted 4.2%, Europe and Central Asia contracted 4.7%, and Latin America contracted 7.2%. It is expected that these recessions will reverse the progress made in achieving the development goals for many years and plunge thousands of people into extreme poverty. The global economic downturn will affect people's economic income and thus their consumption level. The family entertainment center is the product of the improvement of people's living standards. If the economic income decreases, people will reduce the demand for entertainment activities, thus affecting the development of the family entertainment center industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Dave & Buster’s is one of the major players operating in the Family Entertainment Centers market, holding a share of 8.31% in 2020.

Dave & Buster's is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's has a fullservice restaurant and a video arcade. As of September 2020, the company has 136 locations in the United States and Canada.

ROUND ONE Corporation operates bowling alleys and video game arcades. The Company operates primarily in the Osaka area.

Segmentation Overview:

Among different product types, Physical Play Activities segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Above 40,000 sq. ft. segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Family Entertainment Centers market covered in Chapter 3:

America's Incredible Pizza Company
Lucky Strike Entertainment
Gatti’sPizza
MainEventEntertainment
Ten Entertainment Group plc
Scene75EntertainmentCenters
ROUND ONE Corporation
CECEntertainment
BowlmorAMF
Dave&Buster’s
TimeZoneEntertainment
GameWorks
Cinergy Entertainment
Legoland Discovery Center

In Chapter 4 and Chapter 14.2, on the basis of types, the Family Entertainment Centers market from 2018 to 2029 is primarily split into:

Arcade Studios
AR and VR Gaming Zones
Physical Play Activities
Skill/Competition Games
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Family Entertainment Centers market from 2018 to 2029 covers:
0 to 5,000 sq. ft.
5,001 to 10,000 sq. ft.
10,001 to 20,000 sq. ft.
20,001 to 40,000 sq. ft.
Above 40,000 sq. ft.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)