Amusement Parks Market is expected to witness Incredible Growth during 2021-2031 | Key Players Names

New York, 2022-Aug-05 — /EPR Network/ — According to a new market research report published by Global Insight Services Amusement Parks Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

An amusement park is a park that features various attractions, such as rides, games, and food concessions. Amusement parks are most commonly found in locations where there is a large amount of foot traffic, such as near a city or in a popular tourist destination.

The first amusement park in the United States was Coney Island, which opened in 1884. Coney Island featured a number of novel attractions, such as a roller coaster, a Ferris wheel, and a shooting gallery.

Since the opening of Coney Island, amusement parks have become increasingly popular and technologically advanced. Modern amusement parks feature a variety of high-tech rides and attractions, such as virtual reality experiences, 4D movies, and roller coasters that reach speeds of over 100 miles per hour.

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Key Players

  • Walt Disney Parks and Resorts
  • Universal Parks and Resorts
  • SeaWorld Parks and Entertainment
  • Cedar Fair
  • Six Flags
  • Merlin Entertainments
  • Busch Gardens
  • Paramount Parks
  • Hersheypark

Key Trends

In the past decade, the amusement park industry has seen a number of trends emerge and evolve. Here are some of the key ones:

  • The rise of the themed park: In recent years, there has been a trend towards amusement parks that are based around a central theme or story. This has been driven in part by the success of parks like Disneyland and Universal Studios, which have used themes to great effect. Themed parks tend to be more immersive and offer a more cohesive experience than traditional parks, and many guests are willing to pay a premium for this.
  • The growth of the international market: Amusement parks are no longer just a North American phenomenon. In recent years, there has been a boom in the construction of parks in Asia and other parts of the world. This is in part due to the growth of the middle class in these regions, and the increasing affordability of travel. As a result, the global market for amusement parks is now much larger and more diverse than it was in the past.
  • The rise of the “experience economy”: In our increasingly digital world, many people are looking for experiences that are authentic and memorable. Amusement parks are well-positioned to provide this, and we are seeing a trend towards parks offering more unique and personalized experiences. This could involve anything from customized rides to exclusive VIP experiences.
  • The rise of the “smart park”: Amusement parks are increasingly using technology to enhance the guest experience. This includes the use of mobile apps to help guests navigate the park, as well as the use of RFID wristbands to allow guests to make payments and access rides and attractions. We are also seeing the use of virtual reality and augmented reality in some parks, which offer a more immersive experience.

Key Drivers

There are a number of factors that have contributed to the popularity of amusement parks. One is the increasing disposable income of people around the world. As people have more money to spend, they are more likely to spend it on leisure activities like going to an amusement park.

Another factor is the globalization of culture. As people from different cultures interact with each other more, they are exposed to new and different ideas. This includes ideas about recreation and amusement. As a result, people from all over the world are now more likely to visit an amusement park when they travel to a new country.

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Market Segments

By Rides

  • Mechanical Rides
  • Water Rides
  • Other Rides

By Age

  • Up to 18 Years
  • 19 to 35 Years
  • 36 to 50 Years
  • 51 to 65 Years
  • More than 65 Years

By Revenue Source

  • Tickets
  • Food & Beverage
  • Merchandise
  • Hotels/Resorts
  • Others

Reasons to buy Amusement Parks Market Report:

  • Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
  • Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
  • Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
  • Develop business and M&A strategies through understanding of latest trends and emerging players in the market
  • Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market 

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With Global Insight Services, you receive:

  • 10-year forecast to help you make strategic decisions
  • In-depth segmentation which can be customized as per your requirements
  • Free consultation with lead analyst of the report
  • Excel data pack included with all report purchases
  • Robust and transparent research methodology

 About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Phone: +1-833-761-1700

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