Amusement Parks Market Worth to cross USD 82.24 billion By 2027
Posted On July 23, 2021
The Global Amusement Parks Market value is expected to grow by an impressive 6% of CAGR during the forecast period of 2021 to 2027. The market can grow to USD 82.24 billion by 2027 as per the report by Value Market Research. The rising number of people visiting amusement parks coupled with rising disposable income are factors that drive the market of amusement parks. Moreover, innovative rides, accommodation facilities, and merchandise in amusement parks are again boosting the market growth. However, high initial and operating cost of amusement parks during off seasons are some of the factors that restrain the market growth.
The amusement park is a type of park which include mechanical rides, water rides, games, shows, theme exhibits, refreshments stands and other attractions for entertainment purposes. Amusement parks are stationary and build for long-lasting operation providing attractions that cater to the variety of age groups. Amusement parks are more sophisticated than city parks and playgrounds. There are various types of amusement parks such as educationally based parks, theme based parks, family-owned theme parks, regional parks, etc. for various purposes.
The detailed research study "Global Amusement Parks Market Report By Type (Science Theme-Based Parks, Music/Art Theme-Based Parks, And Other Themes), Application (Children, And Adult) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" assists in understanding the market dynamics with qualitative as well as quantitative data.
On the basis of type the market is segmented into Science Theme-based Parks, Music/Art Theme-based Parks, Other Themes. By application the amusement parks market is categorised as Children, Adult. The regions covered in the market study are North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. This section throws light on the geographical spread of revenue and/or volume of the amusement parks market.
The Report Segments Global Amusement Parks Market -
- Science Theme-based Parks
- Music/Art Theme-based Parks
- Other Themes
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Cedar Fair Entertainment Company, Walt Disney Company, Comcast Corporation, Chimelong Group Co., Ardent Leisure Group, SeaWorld Parks & Entertainment, Inc., Six Flags Entertainment Corporation, Fantawild Group, Ilyas Mustafa Galadari Group, and Sea Park Entertainment, Inc.
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