The article cited AMA's Global Theme Parks Market Study explored substantial growth with CAGR of 8.7%. According the report, Growing Popularity of Virtual Theme Parks
is one of the primary growth factors for the market. Increase Middle-Class Population
is also expected to contribute significantly to the Theme Parks market. Overall, Millennial
applications of Theme Parks, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Walt Disney Attractions (United States), Merlin Entertainments Group (United Kingdom), Universal Studios Recreation Group (United States), Oct Parks (China), Six Flags Inc. (United States), Cedar Fair Entertainment Company (United States), Chimlong Group (China), Parques Reunidos (Spain), Compagnie Des Alpes (France) and Leofoo tourism group (Taiwan) may see astonishing sales in this Market and certainly improve revenue growth.
The Revenue Source Outlook, such as Ticket, is boosting the Theme Parks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Age, such as Up to 18 years, is boosting the Theme Parks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Rides, such as Water, is boosting the Theme Parks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Theme Parks market identified that the demand is rising in many different parts of the world as "Technological Advancement in Emerging Country
". Furthermore, some recent industry insights like "On 22nd May 2018, Six Flags Entertainment Corporation, the world’s largest regional theme park company acquired lease rights to operate five parks owned by EPR Properties. The five parks are Wet n’ Wild Splashtown, Houston’s largest waterpark, Wet n’ Wild Phoenix, the largest waterpark in Arizona, Darien Lake near Buffalo, Frontier City, an iconic part of Oklahoma City and White Water Bay, near Frontier City." is constantly making the industry dynamic. One of the challenges that industry facing is "Seasonal Nature of Theme Parks"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Theme Parks market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Theme Parks market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Theme Parks market tight? Which application/end-user category or Product Type [Amusement Type, Scenario Simulation and Theme Type] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Theme Parks market and other related sub-markets covered in the study.
o Key & emerging players in the Theme Parks market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Theme Parks market size is calculated using market estimation process, the Theme Parks market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Theme Parks market size has been validated using both top-down and bottom-up approaches.