Amusement Park Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40528

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The amusement park market has the potential to grow by USD 3.28 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.96%.

The amusement park market report extensively covers market segmentations by type (tickets, hospitality, merchandising, and others) and geography (North America, APAC, Europe, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Amusement Park Market Size be in 2021?

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Amusement Park Market: Key Drivers and Trends

According to our research output, there has been a  impact on the market growth post COVID-19 era. Key drivers such as the rise in the number of baby-boomer visitors are notably supporting the amusement park market growth. However, one of the foremost factors impeding market growth is risks associated with amusement parks. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic amusement park market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the amusement park market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Amusement Park Market Vendors?

The amusement park market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • ASPRO PARKS SL
  • CEDAR FAIR L.P.
  • Comcast Corp.
  • Compagnie des Alpes
  • Merlin Entertainments Group Ltd.
  • PARQUES REUNIDOS SERVICIOS CENTRALES SA
  • SeaWorld Entertainment Inc.
  • Six Flags Entertainment Corp.
  • The Walt Disney Co.
  • Village Roadshow Ltd.

 

The amusement park market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the amusement park market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Amusement Park Market?

Amusement-Park-Market-Market-Share-by-Region-2020-2025

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The amusement park market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 54% of the market’s growth will originate from North America during the forecast period. The US is the key market for amusement park market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is investments in high-thrill roller coasters. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Amusement Park Market?

Amusement-Park-Market-Market-Share-by-Type-2020-2025

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The amusement park market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The amusement park market share growth by the tickets segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides an accurate prediction of the contribution of all the segments to the growth of the amusement park market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Amusement Park Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive amusement park market growth during the next five years
  • Precise estimation of the amusement park market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the amusement park market across North America, APAC, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of amusement park market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The amusement park market growth will increase by $19.84 billion during 2019-2024.
The amusement park market is expected to grow at a CAGR of 6.67% during 2019-2024.
Technavio has segmented the amusement park market by type (Tickets, Hospitality, Merchandising, and Others) and geographic (North America, APAC, Europe, South America, and MEA).
Aspro Parks SA, Cedar Fair LP, Comcast Corp., Compagnie des Alpes SA, Merlin Entertainments Plc, PARQUES REUNIDOS SERVICIOS CENTRALES SA, SeaWorld Entertainment Inc., Six Flags Entertainment Corp., The Walt Disney Co., Village Roadshow Ltd. are a few of the key vendors in the amusement park market.
North America will register the highest growth rate of 49.82% among the other regions. Therefore, the amusement park market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Japan
  • China
  • France
  • South Korea (Republic of Korea)
  • Germany
The key factors driving the amusement park market growth are:
  • Increase in international tourism expenditure
The amusement park market vendors should focus on grabbing business opportunities from the tickets segment as it accounted for the largest market share in the base year.
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