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Amusement Parks Market Trends

Report ID: GMI7546
Published Date: May 2024
Report Format: PDF

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Amusement Parks Market Trends

Sustainability and eco-friendly practices could be an emerging trend in the amusement parks industry. As consumers become more environmentally conscious, theme parks are adopting sustainability policies and environmentally friendly practices. These characteristics include things like energy efficient operations, waste reduction and recycling systems, use of renewable energy, environmental management systems, and eco-conscious construction and landscaping.

In November 2023, Water Kingdom rolled out an eco-friendly Diwali Campaign. The campaign was not just limited to fun and excitement but also committed to protecting the planet and ensuring that future generations can continue to enjoy the beauty of Diwali season. Additionally, parks are exploring ways to educate visitors about environmental protection and encourage environmentally friendly practices in line with broader public concerns about climate change and environmental stewardship.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of amusement parks reached USD 74.2 billion in 2023 and is set to grow at over 5.5% CAGR between 2024 and 2032, attributed to flourishing global tourism and urbanization.

The theme parks segment was valued at over USD 30 billion in 2023, owing to continuous innovation in attractions and experiences that captivate visitors.

North America market held over 35% share in 2023, driven by strong economic growth and high spending rates, enabling consumers to indulge in leisure and leisure activities.

Ardent Leisure Group Limited (Now Coast Entertainment Holdings Limited), Aspro Parks Inc, Cedar Fair Entertainment Company, Comcast Corporation, Fantawild Holdings Inc., Merlin Entertainments Group, and Overseas Chinese Town Limited among others.