Middle East Family/Indoor Entertainment Centers (FEC) Market is Projected to Reach $158.8 Billion by 2031 | Growing at a CAGR of 13.3%

According to a recent report published by Allied Market Research, titled,"Middle East Family/Indoor Entertainment Centers (FEC) Market: Key Factor Analysis," the Middle East Family/Indoor entertainment centers (FEC) market is expected to grow with significant growth rate and present strong opportunities for FEC developers and operators in the region.

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Family/indoor entertainment centers (FECs) are small amusement parks or entertainment zones that typically serve local communities in big and small cities. FEC's are designed to keep the entire family engaged, generally at a significantly less per-person cost than a traditional amusement park. Middle East Family/Indoor entertainment centers (FEC) market report provides the key factors affecting the market in current market scenario.

The study provides comprehensive definitions for Children's Entertainment Centers (CECS) and Children's Edutainment Centers (CEDCS) inclusive of all the activities being provided in the respective facilities. Some of the major activities involved in Children's Entertainment Centers include gaming consoles, arcades, video games, redemption machines, small kid's rides, and trampo junior. Further, some of the major events in Children's Edutainment Centers (CEDCS) involves arts and crafts studio, baby yoga, blocks station, blue blocks games, and clay modelling.

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The comparative analysis of total addressable population and serviceable population for 2018 has also been provided. The Total addressable population (TAP) is the population a business can possibly reach irrespective of its ability to reach them. To estimate the Total Addressable Population, we have considered the total population of the region excluding the people under age 3 and above 65. Also, while estimating the TAP, we have considered various factors such as unemployment rate, and economic stability of the country.

In comparative analysis, the average ticket price, average EBITDA margin range, average construction cost/SQM and average spending by social classes have been provided for both children's entertainment centers (CECs) and children's edutainment centers (CEDCs). As per AMR analysis, the average ticket price for children's entertainment centers lies between SAR 76 to SAR 84 (USD 20.27 to USD 22.40) in the Middle East region.

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Key Findings of the Middle East Family/Indoor Entertainment Centers (FEC) Market:

• Majority of the U.S. based FEC developers and operators are expanding their presence in the Middle East region.

• The serviceable population, along with visiting frequency of the population in expected to grow in Middle East FEC market.

• The average construction period, which is 1 month to 4 months for FEC facility size Up to 5,000 sq. ft. increases significantly with the growth in facility size.

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