The Global Amusement Parks Market Was Valued At USD 48 Billion In 2017

Posted by praneeth on July 27th, 2018

The amusement parks are commercially operated enterprises involved in providing facilities for recreation, amusement and clubs, or leagues, involved in playing games for recreational purposes. These companies operate mechanical rides, water rides, games, and picnic grounds. These are equipped with recreational devices such as ferris wheels, roller coasters, carousels, swings, bumper cars, trains, monorails, sky rides and other forms of entertainment.

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The market was valued at USD 48 billion in 2017, and is expected to be driven by growing demand for recreation, as, in emerging markets such as China and India, the take- up of amusement parks, theme parks and water parks is increasing. North America was the largest geographic region in the market in 2017, accounting for half of the global market share.

The amusement parks market in The Business Research Company’s report is divided into three segments: theme parks; water parks; arcades and parlors, and others.

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The USA was the largest country in the amusement parks market in 2017, accounting for half of the global market share.

The top five competitors in the market are Disney Parks and Resorts, Merlin Entertainment, Universal Studios, Six Flags Entertainment, and Oct Parks China. Disney Parks and Resorts was the largest player in 2017 with revenues of US D55 billion. The company operates into the conception, building, and managing of its theme parks and vacation resorts. It is headquartered in California, United States.

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