Title: Amusement Parks Market - Forecast (2023 - 2028)
1Amusement Parks Market Forecast(2023 - 2028)
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- Amusement Parks market size is set to grow at
a CAGR of 6.2 during 2020-2025, projected to
reach 72.44 billion by 2025. Amusement parks
play a vital role in the global entertainment and
leisure industry. - These recreational facilities offer a wide
variety of entertainment options and act as a
one-stop-shop leisure and entertainment solution
which flourishes as a key tourist attraction
source for revenue generation. Therefore, it is
majorly driven by the rising headcount of retired
baby boomers, who are devoted to recreation and
leisure spending.
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- Key Takeaways
- North America dominates the global amusement
parks market share owing to increasing demand
from all age groups especially for
family-friendly fairground rides and
high-adrenaline coasters. - Increasing adoption of technology advancements in
hydraulics, pneumatics, and animatronics, to
provide Hitech-thrills via entertainment rides
such as frisbee rides and motion simulator rides
set to drive the growth of the theme parks
industry, thereby increase the market demand for
amusement parks in the near future.
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- By Distribution Channel- Segment Analysis
- The mechanical rides segment held the largest
share in the amusement parks market size as of
2018. It is due to the rise in the number of
visitors and rides enthusiasts for 4D rides,
giant rides and challenging roller coasters. - Growing middle-class population and their
household spending on outdoor activities coupled
with the launch of new theme parks by
international players is enlarging the scope of
mechanical rides in the amusement parks market.
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- Amusement Parks Market
- Walt Disney Company
- Ardent Leisure Group
- Six Flag Entertainment Corporation
- Cedar Fair Entertainment Company
- Merlin Entertainments
- Chimelong Group Co. Ltd
- Comcast Corporation
- Fantawild Group
- Ilyas Mustafa Galadari Group Theme Park
Association - Sea Park Entertainment, Inc.
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musement-Parks-Market-Research-503910
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