Development of New Amusement Parks to Bolster the Market Growth

Published: May 2023

The global amusement parks market is anticipated to grow at a CAGR of 4.5% during the forecast period (2023-2030). The development of new amusement parks along the globe to cater entertainment demand of growing tourism sector is a key factor driving the growth of the global amusement park market. For instance, in April 2023, SeaWorld Yas Island, Abu Dhabi, opened its doors to the public, offering unforgettable experiences and immersive adventures for guests of all ages. The newest theme park on Yas Island, SeaWorld Abu Dhabi was developed by Miral, the leading creator of immersive destinations and experiences, in partnership with SeaWorld Parks & Entertainment, a educational theme park and entertainment company.

Browse the full report description of “Amusement Parks Market Size, Share & Trends Analysis Report by Type (Theme Park, Water Park, and Amusement Arcades), by Ride (Land Rides, Water Rides, and Others), and by Source of Revenue (Hotels/ Resorts, Tickets, Food & beverages, Merchandise, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/amusement-parks-market

Further, in March 2023, the Kashmir government has planned a Disneyland-type amusement park in Srinagar, which will spread over 100 acres. The government has hired an international renowned consultancy firm to advice it for development of a theme amusement part in Srinagar. It says the consultant will do a tour of theme parks managed globally by the likes of Disney, Universal and Ramoji, and study the best practices.

Furthermore, in March 2023, tourism department of Bengaluru planned to develop water sports destinations and amusement park near Bengaluru. The plan includes a Disney World kind of theme park somewhere around Bengaluru or Mysuru. Such developments are anticipated to drive the growth of the global amusement park market.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type

o By Ride

o By Revenue Source

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Cedar Fair Entertainment Co., SeaWorld Parks & Entertainment, The Walt Disney Co., and Ardent Leisure among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Amusement Parks Market Report Segment

By Type

  • Theme Park
  • Water Park
  • Amusement Arcades

By Ride

  • Land Rides
  • Water Rides
  • Others

By Source of Revenue

  • Hotels/ Resorts
  • Tickets
  • Food and beverages
  • Merchandise
  • Others

Global Amusement Parks Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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