The Amusement Parks Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Amusement Parks Market Size During the Forecast Period?
The market size for amusement parks has been experiencing steady expansion in the last few years. There will be an increase from $95.54 billion in 2024 to $99.34 billion in 2025, showcasing a compound annual growth rate (CAGR) of 4.0%. The historical growth pattern was catalyzed by robust economic enhancement in emerging markets, shifting consumer tastes favoring experiential leisure, elevated income generation, and the adoption of mobile applications for amusement parks.
The value of the amusement parks market is forecasted to experience a consistent rise in the coming years, reaching $114.77 billion by 2029, with a compound annual growth rate (CAGR) of 3.7%. This projected growth during the forecast period is due to several factors, such as governmental backing, increasing urbanization, heightened use of social media, and burgeoning investments towards themed amusement parks. Key trends to consider during this period range from adopting the Internet of Things (IoT) for better operational efficiency, emphasizing the use of green energy for powering rides and other features, focusing on retractable roofs and enclosures, innovations with virtual and augmented reality technologies, concentration on sustainable operations, and supplying patrons with booking platforms for rides.
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What Are the High-Growth Segments in the Amusement Parks Market?
The amusement parks market covered in this report is segmented –
1) By Type: Theme Parks, Water Parks, Amusement Arcades
2) By Revenue Source: Tickets, Food And Beverages, Hotels And Resorts, Merchandise, Other Revenue Sources
3) By Age Group: Below 25 Years, 25 To 39 Years, 40 To 59 Years, 60 To 74 Years, 75 Years And Above
4) By Visitors’ Gender: Male, Female
Subsegments:
1) By Theme Parks: Adventure Theme Parks, Fantasy Theme Parks, Cultural Theme Parks, Educational Theme Parks
2) By Water Parks: Indoor Water Parks, Outdoor Water Parks, Water Attractions (Slides, Wave Pools, Lazy Rivers)
3) By Amusement Arcades: Family Entertainment Centers (FECs), Video Game Arcades, Skill-Based Game Arcades, Redemption Arcades
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What Key Drivers Are Expected to Influence Future Amusement Parks Market Growth?
The growth of the amusement park market is being positively impacted by the increased usage of social media and widespread access to mass media. Entertainment venues such as amusement parks benefit when visitors share their experiences, photos, and videos across various social media platforms, informing others about the fun experiences these parks offer. In a study conducted by Visa, a payment and card company, it was discovered that 73% of Asians check in online whilst on vacation, and up to 71% of individuals share their experiences on social media platforms. The most powerful marketing strategy for amusement parks to attract new patrons is social media. With the rising utility of social media, it’s expected that the amusement parks market will continue to thrive in future.
Which Companies Hold the Largest Share Across Different Amusement Parks Market Segments?
Major companies operating in the amusement parks market include The Walt Disney Company, Comcast Corporation, Oriental Land Company Ltd, Seaworld Entertainment Inc, Six Flags Entertainment Corporation, Maruhan, Cedar Fair Entertainment, Merlin Entertainment Plc, Vail Resorts, Inc., Aspro Parks, Della Adventure Park, Wonderla Holiday, China Travel Service (Hong Kong), USJ Co., Ramoji Group and Village Roadshow Limited (VRL), Freizeit- und Familienpark Mack KG, Euro Disney S.C.A., Disneyland Paris, Efteling Nature Park Foundation, Tivoli A/S, Patriot Theme Parks, Dream Island Holding Company, NBC Universal Media LLC, Hershey Entertainment & Resorts Company, Tinkertown Amusements Ltd, Canada’s Wonderland Company, Marineland of Canada Inc, Rubi Gaming S.A.C., Dreams Corporation S.A.C, Farah Experiences LLC, Tsogo Sun Kwazulu-Natal (Pty) Ltd, Silver Star Development Ltd, Gold Reef City Theme Park, Ushaka Marine World.
What Trends Are Driving Growth in The Amusement Parks Market?
Virtual and augmented reality technologies are becoming increasingly prevalent in amusement parks as a way to improve and enhance visitor experiences. These technologies give life to 3D, computer-programmed environments that can react to an individual or transform a physical environment into a digital sensory experience by inserting virtual components within it. These advancements are being utilized in theme park rides and in theater-oriented attractions. For example, a virtual reality wooden roller coaster named Heidi the Ride is the latest addition to Plopsaland De Panne in De Panne, Belgium, clocking speeds of over 43 mph. Similarly, SeaWorld in Orlando has introduced a fresh experience with its Kraken Virtual Reality Roller Coaster. The Weave Breaker ride simulates the thrill of jet skiing right within the park. Furthermore, Universal Studios has incorporated augmented reality into its Walking Dead-themed mazes.
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What Are the Emerging Geographies for The Amusement Parks Market Growth?
North America was the largest region in the amusement parks market in 2024. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the amusement parks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Amusement Parks Market?
2. What is the CAGR expected in the Amusement Parks Market?
3. What Are the Key Innovations Transforming the Amusement Parks Industry?
4. Which Region Is Leading the Amusement Parks Market?
Why This Report Matters:
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