North America Amusement Parks Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR (2024 - 2029) | > 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Amusement Parks Market Analysis
The North America Amusement Parks Market is expected to register a CAGR of greater than 3.5% during the forecast period.
North America鈥檚 amusement park industry is one of the most advanced in the world, offering a wide variety of entertainment options, from world-class resorts such as Disney and Universal Studios to regional parks such as Cedar Point. North America accounts for a significant portion of the worldwide amusement park market. One of the main reasons for the regional market growth is the growing acceptance of the augmented and virtual reality technologies. Land and water rides are also growing in importance.
According to the World Bank, over 50% of the global population resides in urban areas. Urban dwellers, including families and young adults, are increasingly drawn to leisure activities within their city's confines. In this pursuit, amusement parks have emerged as the favored choice. With their diverse attractions and entertainment offerings, these parks cater to the evolving preferences of city residents. As urban populations continue to surge worldwide, the demand for accessible and enjoyable recreational spaces within cities is on the rise.
The theme park industry is capitalizing on the surging interest in themed entertainment and the growing appetite for immersive experiences. As visitors seek more than just rides, theme parks are stepping up by providing captivating settings, narratives, and interactive elements, elevating the overall visitor experience.
North America Amusement Parks Market Trends
Mechanical Rides Powering North America's Amusement Park Industry
Mechanical rides are the backbone of North America's amusement park sector, fueling its popularity, thrill, and overall prosperity. A key driver of the industry's success is the diverse range of experiences these rides offer. From timeless classics like Ferris wheels and carousels to heart-pounding attractions like roller coasters, mechanical rides ensure there's something for every visitor. This rich variety entices guests to return, always on the lookout for novel and exhilarating rides.
Thrill and excitement are paramount in the allure of mechanical rides. Many are engineered to deliver an intense, addictive experience, especially for thrill-seekers. Whether it's the breakneck speeds of roller coasters or the dizzying spins of spinning rides, amusement park-goers crave that adrenaline rush unique to mechanical rides.
Moreover, mechanical rides are pivotal in providing family-friendly entertainment. From carousels and train rides to bumper cars, these attractions cater to families and young children, offering a relaxed and memorable experience. They serve as a platform for families to bond and forge cherished memories.
United States Amusement Parks, a Global Leader in Entertainment
America's museums are known for their extensive collections, top quality exhibitions and educational initiatives. In cities such as New York, Washington, D.C., and Los Angeles, they are a major attraction, covering a wide range of topics, from art and history to science and technology. Millions of visitors visit the world's most famous museums, such as the Metropolitan Museum of Art, the Smithsonian Institution and the Getty Center annually. U.S. zoos and wildlife parks, known for their focus on animal conservation, education, and entertainment, showcase a rich variety of both exotic and native species. Wildlife parks, in particular, offer immersive encounters in natural habitats, fostering a deeper appreciation for wildlife conservation and environmental stewardship.
With a vast network of national parks, state parks, urban parks, and scenic landscapes, the U.S. offers an abundance of outdoor recreational opportunities. From renowned destinations like Yellowstone and Yosemite National Parks to urban gems like Central Park and Golden Gate Park, these green spaces provide both residents and tourists a chance to reconnect with nature and enjoy outdoor amenities.
North America Amusement Parks Industry Overview
The report covers the major international players operating in the North American amusement parks market. In terms of market share, some of the major players currently dominate the market with players such as Magic Kingdom, Disneyland, and Disney's Animal Kingdom. 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.
North America Amusement Parks Market Leaders
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Magic Kingdom
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Disneyland
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Disney鈥檚 Animal Kingdom
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Epcot
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Disney鈥檚 Hollywood Studios
*Disclaimer: Major Players sorted in no particular order
North America Amusement Parks Market News
- January 2023: Global hospitality and entertainment company Delaware North announced its continued expansion in the parks and lodging sector through the acquisition of the Best Western Premier Grand Canyon Squire Inn.
- July 2022: Five Star Parks & Attractions has completed the acquisition of three locations of Malibu Jack's Indoor Theme Parks in the cities of Lexington, Louisville, and Ashland, Kentucky.
North America 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 Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Technological 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
5.3.1 Tickets
5.3.2 Food & Beverages
5.3.3 Merchandise
5.3.4 Hotels/Resorts
5.3.5 Other Revenues
5.4 By Country
5.4.1 United States
5.4.2 Canada
5.4.3 Mexico
5.4.4 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Magic Kingdom
6.2.2 Disneyland
6.2.3 Disney's Animal Kingdom
6.2.4 Epcot
6.2.5 Disney's Hollywood Studios
6.2.6 Universal Studios Hollywood
6.2.7 Islands of Adventure
6.2.8 Disney's California Adventure
6.2.9 Universal Studios
6.2.10 Seaworld*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
North America Amusement Parks Industry Segmentation
An amusement park is a place that has many games and rides (such as roller coasters and merry-go-rounds) for entertainment. This report aims to provide a detailed analysis of the North American amusement park 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 North American amusement parks market is segmented by rides, age, revenue source, and country. By rides, the market is sub-segmented by mechanical rides, water rides, and other rides. By age, the market is sub-segmented by up to 18 years, 19 to 35 years, 36 to 50 years, 51 to 65 years, and more than 65 years. By revenue source, the market is sub-segmented by tickets, food & beverages, merchandise, hotels/resorts, and others, and by country, the market is sub-segmented by the United States, Canada, Mexico, and the Rest of North America. 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 | |
| Tickets | |
| Food & Beverages | |
| Merchandise | |
| Hotels/Resorts | |
| Other Revenues |
| By Country | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Amusement Parks Market Research FAQs
What is the current North America Amusement Parks Market size?
The North America Amusement Parks Market is projected to register a CAGR of greater than 3.5% during the forecast period (2024-2029)
Who are the key players in North America Amusement Parks Market?
Magic Kingdom, Disneyland, Disney鈥檚 Animal Kingdom, Epcot and Disney鈥檚 Hollywood Studios are the major companies operating in the North America Amusement Parks Market.
What years does this North America Amusement Parks Market cover?
The report covers the North America Amusement Parks Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Amusement Parks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Amusement Parks Industry Report
Statistics for the 2024 North America Amusement Parks market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. North America Amusement Parks analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
