Press release
AT CAGR of 7.95%, Children's Entertainment Centers Market To Reach US$ 18.1 Billion by 2028
The latest research study "Children's Entertainment Centers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global children's entertainment centers market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.95% during 2023-2028.Children's entertainment centers represent small amusement parks or zones that encompass numerous recreational facilities and games to serve local communities. They are usually associated with larger operational centers, including theme parks, and are marketed towards families and teenagers. Children's entertainment centers offer a wide range of activities, such as thrilling rides, classic fun centers, arcades, indoor playground systems, soft play areas, skill-based machine games, etc. They develop the social skills of kids, provide them an opportunity to socialize, ensure active learning, encourage creativity by promoting imagination, provide optimal safety and security to mitigate the risk of injuries, etc. Consequently, children's entertainment centers are used to engage families and host various private celebrations, including birthday parties, corporate events, personal accomplishment celebrations, etc.
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Children's Entertainment Centers Market Trends and Drivers:
The increasing inclination among the millennial population towards amusement parks for recreational purposes is primarily augmenting the children's entertainment centers market. Furthermore, the inflating disposable income levels of individuals and the easy availability of several gaming options for visitors are positively influencing the global market. Apart from this, the growing integration of entry fees merchandising and food and beverage (F&B) companies with these entertainment centers to provide a wide array of food products is acting as another significant growth-inducing factor. Moreover, the introduction of virtual or artificial reality (VR/AR) gaming options in amusement parks and the widespread adoption of three-dimensional (3D) technologies and consoles to offer an immersive experience to players are also bolstering the market growth. Besides this, the rising popularity of marketing tactics, such as bonuses, gift cards, birthday discounts, etc., is expected to fuel the children's entertainment centers market in the coming years.
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Children's Entertainment Centers Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Cinergy Entertainment Group
• Dave & Buster's Inc.
• Fun City India (Landmark Group)
• Funriders Leisure & Amusement Pvt. Ltd.
• KidZania S.A.P.I. de C.V.
• Lucky Strike Entertainment
• Scene75 Entertainment Centers
• Smaaash and The Walt Disney Company.
The report has been segmented the market into following categories:
Breakup by Visitor Demographics:
• Families with Children (0-9)
• Families with Children (9-12)
• Teenagers (12-18)
• Young Adults (18-24)
• Adults (Ages 24+)
Breakup by Facility Size:
• Up to 5,000 Sq. Ft.
• 5,001 to 10,000 Sq. Ft.
• 10,001 to 20,000 Sq. Ft.
• 20,001 to 40,000 Sq. Ft.
• 1 to 10 Acres
• 11 to 30 Acres
• Over 30 Acres
Breakup by Revenue Source:
• Entry Fees and Ticket Sales
• Food and Beverages
• Merchandising
• Advertisement
• Others
Breakup by Activity Area:
• Arcade Studios
• AR and VR Gaming Zones
• Physical Play Activities
• Skill/Competition Games
• Others
Click here to view detailed information with table of content: https://www.imarcgroup.com/childrens-entertainment-centers-market
By Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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