Amusement Parks Market Will Generate Record Revenue by 2029

The global amusement parks market is anticipated to grow at a CAGR of 4.5% during the forecast period (2023-2030). The development of new amusement parks along the globe to cater entertainment demand of growing tourism sector is a key factor driving the growth of the global amusement park market. For instance, in April 2023, SeaWorld Yas Island, Abu Dhabi, opened its doors to the public, offering unforgettable experiences and immersive adventures for guests of all ages. The newest theme park on Yas Island, SeaWorld Abu Dhabi was developed by Miral, the leading creator of immersive destinations and experiences, in partnership with SeaWorld Parks & Entertainment, a educational theme park and entertainment company.

Further, in March 2023, the Kashmir government has planned a Disneyland-type amusement park in Srinagar, which will spread over 100 acres. The government has hired an international renowned consultancy firm to advice it for development of a theme amusement part in Srinagar. It says the consultant will do a tour of theme parks managed globally by the likes of Disney, Universal and Ramoji, and study the best practices.

Furthermore, in March 2023, tourism department of Bengaluru planned to develop water sports destinations and amusement park near Bengaluru. The plan includes a Disney World kind of theme park somewhere around Bengaluru or Mysuru. Such developments are anticipated to drive the growth of the global amusement park market.

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Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Type

· By Ride

· By Revenue Source

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

• Competitive Landscape- including Cedar Fair Entertainment Co., SeaWorld Parks & Entertainment, The Walt Disney Co., and Ardent Leisure among others.

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Amusement Parks Market Report Segment

By Type

· Theme Park

· Water Park

· Amusement Arcades

By Ride

· Land Rides

· Water Rides

· Others

By Source of Revenue

· Hotels/ Resorts

· Tickets

· Food and beverages

· Merchandise

· Others

Amusement Parks Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• Busch Garden (SeaWorld Parks & Entertainment, Inc.)

• The Wisconsin Dells Visitor & Convention Bureau

• Dollywood (Herschend Family Entertainment Corp.)

• Fantawild (Qingdao) Development Ltd.

• Hershey Entertainment & Resorts Co.

• The Ilyas & Mustafa Galadari Group (IMG Group)

• Magic Kingdom Park (The Walt Disney Co.)

• Merlin

• Schlitterbahn Waterpark & Resorts (Cedar Fair Entertainment Co.)

• Shanghai Disney Resort

• Silver Dollar City (Herschend Family Entertainment Corp)

• The Island in Pigeon Forge

• Tokyo Disneyland

• Universal Theme Parks Inc.

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