Amusement Parks And Arcades Market 2020 Size End-Users, Regional Outlook, Growth Potential, Price Trends And Forecast To 2022 | TBRC

Amusement Parks And Arcades Market - By Type (Theme Parks, Water Parks, Arcades And Parlors, And Others) Trends And Market Size, Opportunities And Strategies – Global Forecast To 2022 By The Business Research Company

The global amusement parks and arcades market reached a value of nearly $62.0 billion in 2018, having grown at a compound annual growth rate of 8.3% since 2014 and is expected to grow at a CAGR of 8.8% to nearly $87.2 billion by 2022. Growth in the historic period resulted from a rise in disposable incomes, companies focusing on reinvesting, increase d travel and tourism, and economic growth.

The Key drivers of the amusement parks and arcades market include:-
Growth Of The Experience Economy: With increasing disposable incomes, people are looking for unique experiences with personalization to spend their leisure time, driving the experience economy. The experience economy is an economy based on consumers investing in experiences rather than in owning goods or consuming services. Social media has helped the consumers to accelerate the demand for such experiences as the consumers communicate with the world through this platform.

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Amusement Parks And Arcades Market Segmentation:-
By Type
1. Theme parks
2. Water parks
3. Amusement arcades

Theme parks was the largest segment of the amusement parks and arcades market in 2018 at 81.5%. The theme parks market is also expected to be the fastest-growing segment going forward at a CAGR of 9.1%. The theme parks, water parks and amusement parks market are further segmented by type into By Age Group Of Visitors, By Visitors’ Gender

By Revenue Source
1. Tickets
2. Food & Beverages
3. Hotels & Resorts
4. Merchandise And Others

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By Geography - The amusement parks and arcades market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

Some of the major key players involved in the amusement parks and arcades market are
1. The Walt Disney Company
2. Universal Parks And Resorts
3. Merlin Entertainment Group
4. Oriental Land Company Ltd
5. Six Flags Entertainment Corporation

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