Asia-Pacific Amusement Parks Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR (2024 - 2029) | > 3.34 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Amusement Parks Market Analysis
The Asia-Pacific Amusement Parks Market is expected to register a CAGR of greater than 3.34% during the forecast period(2024-2029).
The Asia-Pacific amusement parks market is a growing industry driven by increasing demand for leisure and entertainment activities in the region. Many companies are investing heavily in developing new attractions and experiences and expanding their regional presence through new park openings and acquisitions. China, Japan, and South Korea are the major contributors to the Asia-Pacific amusement parks market, with China being the largest market. The region is also seeing significant investments in new theme park developments, such as Universal Studios Beijing and Disneyland Shanghai, which are expected to drive market growth further.
The COVID-19 pandemic significantly impacted the Asia-Pacific amusement parks market. The park closures and the restrictions on travel and tourism resulted in a significant decline in revenue for the industry. The pandemic forced amusement parks to remain closed for extended periods, resulting in substantial revenue losses. Many amusement parks in the Asia-Pacific region were closed from early 2020 onward, resulting in revenue losses of billions of dollars. Even as some parks reopened, visitor numbers decreased due to social distancing requirements and other safety measures.
Asia-Pacific Amusement Parks Market Trends
Rising Water Parks and Rides
Post-pandemic Water parks in the Asia Pacific have observed a continuous increase in attendance and business leading to a rise in the activities of water rides and their contribution to amusement parks. The recovering and expanding tourism industry in the region is leading to an increasing demand for water rides with China, Japan, and India emerging as major markets with the largest travel and tourism revenue and driving the market for investment in adventurous and leisure activities of water parks and rides. Over the years Japan has emerged as the country with the largest number of attendance at water rides located in amusement parks, driving the market for amusement parks in the region.
Japan Leading the Asia Pacific Market
Japan exists as a country with leading amusement and theme parks and they lead in attendance globally. Universal Studios, Tokyo Disneyland, and Tokyo Disney-Sea are among some of the leading amusement parks in Japan observing a continuous increase in their attendance rate post covid. The expanding tourism industry in the country with rising expenditure on leisure is leading to an increase in the number of amusement parks and their expansion in the region. The continuously rising urbanization rate, existing at more than 90%, and the rising employment rate are resulting in an increasing number of people able to spend on amusement parks and driving growth opportunities for the market.
Asia-Pacific Amusement Parks Industry Overview
The report covers the major international players operating in the Asia-Pacific amusement parks market. Regarding market share, it is currently fragmented with many players. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets.
Asia-Pacific Amusement Parks Market Leaders
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Shanghai Disneyland, China
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Chimelong Ocean Kingdom, China
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Tokyo Disneyland, Japan
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Tokyo Disneysea, Japan
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Universal Studios Japan
*Disclaimer: Major Players sorted in no particular order
Asia-Pacific Amusement Parks Market News
- Nov 2022: The Walt Disney Company Asia Pacific revealed an expansion of its 70-year collaboration with publishing house Kodansha to include Japanese anime. Disney and Kodansha worked together in the publishing space and will now venture into the world of anime.
- Aug 2022: Hong Kong-headquartered PAG bought Japan's famously wacky theme park for JPY 100 billion (USD 720 million) as the country relaxed its strict pandemic restrictions.
Asia-Pacific Amusement Parks Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights of Technology Innovations in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Rides
5.1.1 Mechanical Rides
5.1.2 Water Rides
5.1.3 Other Rides
5.2 By Age
5.2.1 Upto 18 years
5.2.2 19 to 35 years
5.2.3 36 to 50 years
5.2.4 51 to 65 years
5.2.5 More than 65 years
5.3 By Revenue Source
5.3.1 Tickets
5.3.2 Food & Beverages
5.3.3 Merchandise
5.3.4 Hotels/Resorts
5.3.5 Others
5.4 By Country
5.4.1 Japan
5.4.2 India
5.4.3 China
5.4.4 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Shanghai Disneyland, China
6.2.2 Chimelong Ocean Kingdom, China
6.2.3 Tokyo Disneyland, Japan
6.2.4 Tokyo Disneysea, Japan
6.2.5 Universal Studios Japan
6.2.6 OCT Happy Valley Beijing, China
6.2.7 Chimelong Paradise, China
6.2.8 Everland, South Korea
6.2.9 Nagashima Spa Land, Japan
6.2.10 OCT Happy Valley Shenzhen, China*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Asia-Pacific Amusement Parks Industry Segmentation
Amusement Park is a place that includes many games and rides (such as roller coasters and merry-go-rounds) for entertainment. This report will provide a detailed analysis of the Asia-Pacific amusement parks market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into the various product and application types. Also, it analyzes the key players and the competitive landscape.
The Asia-Pacific Amusement Parks Market Is Segmented By Rides (Mechanical Rides, Water Rides, And Other Rides), Age (Up To 18 Years, 19 To 35 Years, 36 To 50 Years, 51 To 65 Years, And More Than 65 Years), Revenue Source (Tickets, Food & Beverages, Merchandise, Hotels/Resorts, And Others), And Country (Japan, India, China, And Rest Of Asia-Pacific). The Report Offers Market Size And Forecasts In Value (USD) For All The Above Segments.
| By Rides | |
| Mechanical Rides | |
| Water Rides | |
| Other Rides |
| By Age | |
| Upto 18 years | |
| 19 to 35 years | |
| 36 to 50 years | |
| 51 to 65 years | |
| More than 65 years |
| By Revenue Source | |
| Tickets | |
| Food & Beverages | |
| Merchandise | |
| Hotels/Resorts | |
| Others |
| By Country | |
| Japan | |
| India | |
| China | |
| Rest of Asia-Pacific |
Asia-Pacific Amusement Parks Market Research Faqs
What is the current Asia-Pacific Amusement Parks Market size?
The Asia-Pacific Amusement Parks Market is projected to register a CAGR of greater than 3.34% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Amusement Parks Market?
Shanghai Disneyland, China, Chimelong Ocean Kingdom, China, Tokyo Disneyland, Japan, Tokyo Disneysea, Japan and Universal Studios Japan are the major companies operating in the Asia-Pacific Amusement Parks Market.
What years does this Asia-Pacific Amusement Parks Market cover?
The report covers the Asia-Pacific Amusement Parks Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Amusement Parks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Amusement Parks Industry Report
Statistics for the 2024 Asia-Pacific Amusement Parks market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Asia-Pacific Amusement Parks analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
