According to IMARC Group’s latest report, titled “Amusement Parks Market Report : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global amusement parks market share to exhibit moderate growth during the next five years.
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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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.
Amusement Parks Market 2020-2025 Analysis and Segmentation:
Some of these key players include:
Ardent Leisure Group
Cedar Fair Entertainment Company
Chimelong Group Co. Ltd.
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 region.
Breakup by Rides:
Breakup by Revenue Source:
Food and Beverage
Breakup by Age Group:
Up to 18 Years
19 to 35 Years
36 to 50 Years
51 to 65 Years
More than 65 Years
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Breakup by Region:
Middle East and Africa
Key highlights of the report:
Market Performance (2014-2019)
Market Outlook (2020- 2025)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive mapping of the competitive landscape
Browse Related Report:
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