The theme park vacation market has witnessed innovations in themes, which attract consumers of diversified age groups. As a result, theme park have experienced increasing popularity among millennials and generation Z. In addition, use of latest technologies such as artificial intelligence in theme parks is anticipated to boost the growth of the global theme park market in the upcoming years.
According to a new report published by Allied Market Research, titled, “Theme Park Vacation Market by Type, Age Group, Traveler Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global theme park vacation market size was valued at $47.2 billion in 2018, and is projected to reach $74.7 billion by 2026, registering a CAGR of 6.0% from 2019 to 2026. Theme park is as an outdoor attraction, which combines rides, shows, and other relevant activities. Theme parks emphasizes on one central theme around which landscape, shows, architecture, food services, costumed personnel, rides, and retailing are orchestrated.
Request For Sample :- https://www.alliedmarketresearch.com/request-sample/6045
key factor that drives the growth of the global theme park vacation market :-
Major shift of consumers toward experiencing thrill, entertainment, and happiness is a key factor that drives the growth of the global theme park vacation market. As a result spending on experiences such as theme park vacation have seen a significant increment in the last few years.
Stakeholders are the theme park as destination for tourist, enabling longer stays. Furthermore, theme parks not only involve themed carnival rides and roller coasters but also include high-tech virtual environments and simulators that are exciting and new making them a unique destination for holidays.
Moreover, stakeholders in the theme park are focusing on providing knowledge with fun and entertainment, which bolsters the growth of the global theme park vacation market. However, increase in incidents of accidents in theme parks owing to improper operation of rides, passenger misuse or failure to follow instructions, mechanical failure of rides or inherent nature of rides negatively impacts the growth of the global theme park vacation market.
Furthermore, increase in footfall of all age groups in theme parks, including baby boomers, generation X, millennials, and generation Z is expected to fuel the market growth. Generation Z are consumers who regularly visit theme park for enjoyment and refreshment with their friends and families, as they are more interested in outdoor entertainment. In addition, this generation explore new places and seek for innovative rides, thereby augmenting the theme park vacation market growth.
Get detailed COVID-19 impact analysis on the Theme Park Vacation Market Request Now ! https://www.alliedmarketresearch.com/request-for-customization/6045?reqfor=covid
Key Findings Of Theme Park Vacation Market:
- Based on type, the adventure park segment dominates the global theme park vacation market in 2018, and is expected to retain its dominance throughout the theme park vacation market forecast period.
- Depending on age group, spending by millennials segment accounted for highest share in the theme park vacation market analysis in 2018, and is projected to grow at a CAGR of 6.3% from 2019 to 2026.
- By traveler type, the group segment was the major shareholder in 2018, and is projected to register a CAGR of 6.2% from 2019 to 2026.
- Region wise, North America accounted for about 57.9% theme park vacation market share in 2018, and is expected to grow at a CAGR of 4.6%.
Key Market Players :-
- Walt Disney Attraction
- Merlin Entertainment Group
- Universal Parks and Resorts
- Oct Parks China
- Fantawild
- Chimelong Group
- Six Flags Inc.
- Cedar Fair Entertainment Company
- Seaworld Parks & Entertainment
- Parques Reunidos
Speak With Analyst :- https://www.alliedmarketresearch.com/connect-to-analyst/6045
FREQUENTLY ASKED QUESTIONS?
Q1. What would be forecast period in the market report?
Q2. What is the market value of Theme Park Vacation market in 2019?
Q3. Does the Theme Park Vacation company is profiled in the report?
Q4. Which are the top companies hold the market share in Theme Park Vacation market?
Q5. How the segments growing in Theme Park Vacation market report?
TABLE OF CONTENT :-
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Market evolution/industry roadmap
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Consumer shifting experience from product to experience
3.4.1.2. Innovation and Redesign
3.4.1.3. Tourism
3.4.2. Restraints
3.4.2.1. Increase in accidents
3.4.2.2. Government rules and regulation
3.4.3. Opportunities
3.4.3.1. Expanding themes / Inclusion of new ideas
3.4.3.2. Boost the opportunity with Destination Planning
3.4.3.3. Edutainment
CHAPTER 4: THEME PARK VACATION MARKET, BY TYPE
4.1. Overview
4.2. ADVENTURE PARK
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. WATER PARK
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Children’s Play Park
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
Buy Now :- https://www.alliedmarketresearch.com/checkout-final/cbc10946ddeda28011139d4e8e67a13d
TRENDING REPORTS :-
Baby Pacifier Market
https://www.alliedmarketresearch.com/baby-pacifier-market
Luxury Perfume Market
https://www.alliedmarketresearch.com/luxury-perfume-market
Hair Serum Market
https://www.alliedmarketresearch.com/hair-serum-market
Baby Nail Trimmer Market
https://www.alliedmarketresearch.com/baby-nail-trimmer-market
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn |