Amusement Parks in the US - Industry Market Research Report

Amusement Parks in the US - Industry Market Research Report

  • March 2020 •
  • 39 pages •
  • Report ID: 499829 •
  • Format: PDF
Thrill ride: Healthy US economic growth is anticipated to support industry revenue growth

Abstract

Amusement Parks in the US
The Amusement Parks industry has experienced strong growth over the five years to 2019, largely driven by an increase in international and domestic visitor numbers and rising consumer spending. Although the industry is highly competitive, with five major players dominating the industry, the major amusement park operators have used their intellectual property rights to major film franchises and entertainment to their advantage. Furthermore, the expansion of the domestic economy has enabled consumers to increase spending on amusement park admissions and vacation packages. Amusement parks have also become savvier at garnering revenue from their guests through sales beyond the cost of admission, including purchases of food, merchandise and games. As a result of these positive trends, industry revenue is expected to increase during the current period. Over the five years to 2024, industry revenue is forecast to continue rising, albeit at a slower rate.

Operators in this industry operate mechanical rides, water rides, games, shows, themed exhibits, refreshment stands and other attractions. Industry establishments may also lease space on a contract basis.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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