Amusement Parks Industry In The Us
What is the market size of the amusement parks industry in the us.
Amusement parks industry in the us. One of the biggest and best loved theme parks in the world universal studios hollywood offers visitors fun filled days spent in the heart of the entertainment industry. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. London business wire technavio has been monitoring the amusement park market and it is poised to grow by usd 19 84 billion during 2020 2024 progressing at a cagr of 7 during the forecast period.
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. Countless smaller ventures exist across the united states and around the world. Innovative rides accommodation facilities and merchandise in amusement parks are gaining popularity among visitors of all age groups.
It was followed by asia pacific western europe and other regions. Regional variations in the amusement parks and arcades industry north america was the largest market for amusement parks and arcades accounting for around 40 of the global market in 2018. The amusement park industry s offerings range from immersive theme parks such as the walt disney world resort and universal orlando resort to thrilling coaster parks such as the six flags parks and cedar fair parks.
Industry market size for amusement theme parks. The global amusement parks market size was valued at usd 45 2 billion in 2017. First opened in 1964 the park now offers a wide variety of blockbuster based rides and entertainment.
Amusement parks in the us industry outlook 2020 2025 poll average industry growth 2020 2025. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size.