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Sep 9, 2019 3:31 PM ET

Amusement Parks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2025

Amusement Parks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2025

iCrowd Newswire - Sep 9, 2019 Presents “Global Amusement Parks Market 2018 by Company, Countries, Type and Application, Forecast to 2023” New Document to its Studies Database

In an age where outdoor activities are becoming less common due to intensive urbanization and change in lifestyle; Amusement Parks offer the perfect outdoor opportunity for all age groups to enjoy and get thrilled by the entire adrenaline-pumping experience offered here. An amusement park refers to an area featuring attractions such as rides, food, entertainment and games. These parks often feature multiple themes for multiple areas; or are built around a central-theme (Theme Parks).Unlike temporary fairs /carnivals; amusement parks are permanent and stationary.  Built much more elaborately than playgrounds and city parks, Amusement Parks offer several attractions at one place. The most important aspect of this boom in the number of Amusement Parks can be attributed to greater disposable income amongst people and a desire to experience the outdoors, in an era characterized by smart phones and laptops.

As per the latest report from Global Info Research, the Global market for Amusement Parks is expected to notch a Compound Annual Growth Rate (CAGR) of roughly 5.8% % from 2018-2023. The 19 to 35 years age-group will represent more than 30.0% of the overall market revenue between 2018-2023. The market growth can largely be attributed to higher disposable income in developing countries

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Segment Analysis

The analysis conducted by Global Research Info illustrates its findings based on a comprehensive; yet crisp Segment-wise assessment of the Global Amusement Parks Market. The industry is broadly classified into categories based on region, type, companies and application.


Regional Analysis

A thorough region-wise analysis also features in the report on Global Amusement Parks Market wherein regions are further divided into countries. North America includes the US, Canada, Mexico and the Caribbean. South America includes Brazil, Argentina, Chile and Colombia. Asia-Pacific includes countries such as China, India, Japan, Korea, ASEAN Nations and Australia. North-American and European Amusement Parks are set to witness uninterrupted growth due to higher personal disposable income.  At the same time, a considerable portion of growth in the Global Amusement Parks Market is set to come from Asia- Pacific due to a relatively higher demographic advantage.

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