Amusement Park Market, By Rides (Mechanical, Water and Other Rides), By Age (Below 18, 19-35, 36-50, 51-65, and Above 65), By Revenue Source (Tickets, Food & Beverages, Merchandise, Hotels/Resorts and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Introduction:

A park with numerous entertainment-related attractions, including rides, games, and other activities, is known as an amusement park. A theme park is a particular kind of amusement park that centers its buildings and attractions on a main subject and frequently has many regions with various themes. Amusement parks are stable structures designed for continuous operation, as opposed to transient and mobile funfairs and carnivals. They offer attractions that often cater to a range of age groups and are more extensive than city parks and playgrounds. While themed areas are common in amusement parks, theme parks concentrate a stronger emphasis on a certain subject or group of subjects with more precisely constructed themes. Amusement Park Market accounted US$ 52.1 billion in 2020 and is projected to register a moderate CAGR of 5.3 % over the forecast period.

One of the major factors contributing to the market's optimistic outlook is rapid urbanisation, which has been accompanied by strong growth in the travel and tourism sector. Additionally, the availability of cutting-edge rides, lodging options, and authorised items in the theme parks is accelerating industry expansion. Park owners are providing a wide range of exciting and engaging experiences through theme-based attractions, including foods, drinks, apparel, and trinkets, in order to increase their customer base. Another element driving growth is the rising use of technologically advanced solutions like hydraulics, pneumatics, animatronics, and the Internet of Things (IoT).

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Amusement Park Market is segmented based on rides, age, revenue source, and region.

On the basis of rides, the Global Amusement Park Market is segmented into mechanical, water and other rides. On the basis of age, the Global Amusement Park Market is segmented into Below 18, 19-35, 36-50, 51-65, and Above 65. On the basis of revenue source, the Global Amusement Park Market is segmented into Tickets, Food & Beverages, Merchandise, Hotels/Resorts and Others.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Global Amusement Park MarketMarket is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The region of North America is anticipated to account for a significant revenue share in the global amusement park market. This is because the North American region is home to a large number of theme parks, including those operated by Cedar Fair Entertainment Company, SeaWorld Parks & Entertainment, Comcast, The Walt Disney Company, and Six Flags Entertainment Corporation.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Amusement Park MarketMarket report based on device, contain, deployment and region:

Global Amusement Park Market, By Rides 

• Mechanical
• Water
• Other Rides

Global Amusement Park Market, By Age

• Below 18
• 19-35
• 36-50
• 51-65
• Above 65

Global Amusement Park Market, By Revenue Source 

• Tickets
• Food & Beverages
• Merchandise
• Hotels/Resorts
• Others.

Global Amusement Park Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating the Global Amusement Park Market includes Walt Disney Company, Six Flags Entertainment Corporation, Merlin Entertainment, Comcast Corporation, Disney Parks and Resorts, Universal Studios Theme parks, OTC Parks, Cedar Fair entertainment company, SeaWorld Entertainment and Six Flags Entertainment Corporation.

Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in August2022, Telstra touts proposed restructures ‘transparency’ and ‘flexibility’, in its newly released plan brochure, Telstra said the restructuring would create better transparency of its assets across its customer and infrastructure businesses, which would "allow management to increase efficiency and effectiveness".

• Walt Disney Company*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Six Flags Entertainment Corporation
• Merlin Entertainment
• Comcast Corporation
• Disney Parks and Resorts
• Universal Studios Theme parks
• OTC Parks
• Cedar Fair entertainment company
• SeaWorld Entertainment
• Six Flags Entertainment Corporation

“*” marked represents similar segmentation in other categories in the respective section