Amusement Parks Market size was valued at US$ 63.90 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 6.2% from 2022 to 2029, reaching nearly US$ 103.39 Bn.
Amusement Parks Market Overview :
Maximize Market research, has market research report on “Amusement Parks Market“. The report on Amusement Parks Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Amusement Parks market growth.
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Amusement Parks Market Report Scope and Research Methodology :
The analysis of the Amusement Parks market utilized both primary and secondary research methods. Primary research involved the direct collection of data from the market through surveys, interviews, and observations. Secondary research involved the collection of data from published sources, such as industry reports, company websites, and news articles.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Amusement Parks market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Amusement Parks market size, the bottom-up approach was used.
Amusement Parks Market Regional Insights :
The report provides a comprehensive analysis of growth drivers, constraints, future prospects, and competitive landscape across all regions. The market is segmented by geography into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also highlights the leading countries in each region along with their respective market projections.
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Amusement Parks Market Segmentation :
by Rides
• Mechanical Rides
• Water Rides
• Other Rides
It’s because more people are visiting theme parks and taking advantage of the challenging roller coasters, enormous attractions, and 4D experiences. Due to an expanding middle class, rising household spending on outdoor activities, and the introduction of new theme parks by international competitors, the market for mechanical rides in amusement parks is growing.
by Age
• Up to 18 Years
• 19 to 35 Years
• 36 to 50 Years
• 51 to 65 Years
• More than 65 Years
The primary market for amusement parks has long been those between the ages of 36 and 50. This is due to the fact that they bring their kids along for entertainment. As a result, the theme park’s owner is emphasising the need of offering visitors of all ages well-rounded, top-notch family entertainment. They are concentrating on wristbands in addition to this to draw attention. Other than these, the design of entertainment events, boat excursions, and activities with a retro theme is bringing more visitors in the 36–50 age range to theme parks.
by Revenue Source
• Ticket
• Food & Beverage
• Merchandise
• Hotels/Resorts
• Others
Since entrance tickets to amusement parks generate the most revenue, the segment is anticipated to expand significantly over the course of the projected period.
The hotels/resorts segment is anticipated to expand quickly between 2021 and 2029, with a CAGR of 7.0%. The increasing installation of lodging choices like hotels and resorts on park property is one of the key drivers generating increased revenue through these businesses.
Amusement Parks Market Key Players :
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Key questions answered in the Amusement Parks Market are:
Key Offerings:
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