MENA Family/indoor Entertainment Centers Market to hit $1,685.36 million by 2027, at a CAGR of 13.3%

The MENA family/indoor entertainment centers market was valued at $618.65 million in 2019, and is projected to reach $1,685.36 million by 2027, growing at a CAGR of 13.3% from 2020 to 2027.

The Egypt family/indoor entertainment centers market is expected to witness highest growth rate in the upcoming years, as the Government of Egypt has taken tremendous efforts in the recent years to provide solutions for problems related to foreign investments, and investors are now prominently seeking new projects in the country. Furthermore, in 2017, Egypt passed a new investment law, which offers investors a range of incentives to include tax breaks and rebates to simplify procedures and guarantee encouragement of new investors internationally. Thus, such initiatives taken by government are expected to provide lucrative opportunities for the growth of the family entertainment centers market in Middle East.

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The MENA (Middle East and North Africa) region is experiencing a surge in the family indoor entertainment centers (FECs) market, driven by several key factors. The growth is fueled by the rise in per capita disposable income, which enables families to allocate more funds for leisure and entertainment activities. Additionally, the availability of diverse gaming and entertainment options caters to the preferences of consumers, contributing to market expansion. Favorable demographics, particularly the presence of a sizable youth population, further propel the growth of the market as younger demographics seek engaging entertainment experiences.

However, the market faces challenges such as the shift in consumer preferences towards home gaming and mobile devices, leading to decreased foot traffic in FECs. Moreover, the high initial costs associated with establishing FECs and the subsequent increase in ticket prices pose hurdles to market growth.

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Despite these challenges, there are opportunities for growth in the MENA family indoor entertainment centers market. The continuous launch of new FECs that support a variety of family activities and integrate food and beverage offerings creates avenues for expansion. Additionally, the integration of participatory play elements into FECs enhances the overall entertainment experience and attracts a broader audience.

Furthermore, malls in the MENA region are investing significantly to attract consumers, which presents opportunities for FECs located within these shopping complexes. Integration of augmented reality (AR) and virtual reality (VR) gaming zones within FECs adds an immersive and interactive dimension to the entertainment offerings, thereby attracting more visitors and driving market growth.

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While challenges exist, the MENA family indoor entertainment centers market is poised for growth, with opportunities arising from innovative offerings, strategic partnerships, and investments in enhancing the overall entertainment experience for consumers.

Some of the key MENA family/indoor entertainment centers industry players profiled in the report include Dave & Buster's, CEC Entertainment, Inc., Kidzania, Funcity, SMAAASH Entertainment Pvt. Ltd., Legoland, CAVU Designwerks Inc., a Majid Al Futtaim Company (Magic Planet), Landmark Group, and Adventureland.

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