Amusement Parks Market

Global Amusement Parks Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Amusement Parks Market Report by The Business Research Company covers amusement parks market drivers and restraints, amusement parks market size, major players, and the impact of COVID-19 on the amusement parks market.

The amusement parks market consists of sales of amusement parks entertainment and related goods by entities (organizations, sole traders and partnerships) that operate amusement parks and arcades. The amusement parks market also includes sales of amusement arcades such as family fun centers, pinball arcades, and amusement device parlors.

The market for amusement parks reached a value of nearly $51,674.3 million in 2020, having grown at compound annual growth rate (CAGR) of -0.3% since 2015 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% to reach nearly $89,174.7 million by 2025.

Increasing use of social media and access to mass media is positively impacting the amusement parks market. Visitors like sharing their experiences, photographs and videos on social media platforms which helps other people know the experiences offered by amusement parks around the world. According to a study conducted by Visa, a cards and payments company, 73% of Asians check-in online while on a holiday and as many as 71% people share their experiences on social media sites after returning home. Sharing a post on social media motivates or inspires others to visit those places, thereby increasing the demand for the place. Extensive use of social media is expected to drive growth in the amusement parks market during the forecast period.

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Some amusement parks market trends include deploying innovative applications of the Internet of Things (IoT) technology to improve operational efficiency and enhance customer experience. Amusement parks are using beacon-enabled wristbands to get real time customer data which helps parents (guests) to locate their children. Such bands also help managers to identify the areas of improvement and send real-time information, tips and promotions to guests based on their location. Moreover, amusement parks are increasingly investing in overhauling of old roller coasters. Amusement parks are modifying their roller coasters and are changing outdated wooden rail tracks to steel tracks. This gives the operators flexibility to make rides faster, steeper and have more twists to give thrilling experiences to riders with low investment.

Global amusement parks market segments include:

1) By Type: Theme Parks, Water Parks, Amusement Arcades

2) By Revenue Source: Tickets, Food and Beverages, Hotels & Resorts, Merchandise & Others

3) By Age Group: Below 25 Years, 25 to 39 Years, 40 to 59 Years, 60 to 74 Years, 75 Years and Above

4) By Visitors’ Gender: Male, Female

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Amusement Parks Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides amusement parks market overviews, analyzes and forecasts market size, share, amusement parks market players, amusement parks market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The amusement parks identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Amusement Parks Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: The Walt Disney Company (Walt Disney Parks And Resorts), Comcast Corporation (Universal Parks And Resorts), Oriental Land Company Ltd, Merlin Entertainment Group, Cedar Fair Entertainment Company

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Amusement Parks Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Amusement Parks Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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