Rising Concern For Animals Changes The Face Of The Zoo Market
Posted by sainath on November 26th, 2018
Changes are being made in the zoos as a result of rise in ethical concern for animals. Initiatives are being implemented to change the way humans experience while visiting a zoo. Concern for animal rights paved many serious policies as to which many zoos have to recondition if they are going to last. For example, Philadelphia Zoo has come up with a Big Cat crossing as a part of zoo360 initiative.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBALMUSEUMS, HISTORICAL SITES, ZOOS, AND PARKS MARKET AT USD49 BILLION IN 2017
North America was the largest geographic region in the market, accounting for more than one-third of the global market. The USA was the largest country accounting for one-third of the global museums, historical sites, zoos, and parks market.
According to The Business Research Company’s Consultant, Nitin Gianchandani, museums, historical sites, zoos, and parks are using analytics to boost their revenues. Analytics involves generating insights from historical data to predict potential trends and analyze the effects of certain decisions or events. For instance, Museums are using analytics to determine the pricing of tickets through variable pricing and dynamic pricing. In variable pricing approach, team franchises use analytics and charge different prices for the same ticket depending on the exhibition. In dynamic pricing approach, team franchisers consider some factors and determine the price of the ticket.
Kruger National Park was the biggest player in the museums, historical sites, zoos, and parks market in 2017.
The museums, historical sites, zoos, and parks industry includes establishments involved in conservation and exhibition of objects of historical value, archaeological sites, live plant and animal life displays, and natural areas or settings. Museums, zoos and parks are generally non-profit institutions which acquire and conserve objects of historical or cultural value, animal life, and natural areas, and exhibit them for the purpose of study or education. They develop cultural and educational programs for primary schools, secondary schools, teacher training colleges, technical colleges and universities.
Museums, Historical Sites, Zoos, And Parks Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at USD4000 for an individual user. To use across your office, the price is USD6000 and USD8000 if you wish to use across a multinational company.
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