The theme park market size was valued at USD 51.66 billion in 2023 and is expected to be worth USD 55.90 billion in 2024. The market is projected to reach USD 124.71 billion by 2032, recording a CAGR of 10.55% during the forecast period.
A theme park is characterized by a central theme that unifies its attractions and experiences. The rise in disposable incomes, particularly in emerging countries, which has led to increased consumer spending on leisure activities, such as amusement park visits, will fuel the growth of the market.
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LIST OF KEY COMPANIES PROFILED IN THE REPORT:
Segmentation:
Rides Segment Dominated Market Due to Increasing Number of Innovative Theme Rides
Based on service type, the market is segmented into rides, event & tour, food & beverage, merchandise & retail, and others. The rides segment exhibited significant dominance in the global market in 2023, driven by the increasing availability of thematic rides and burgeoning popularity of adventure-based rides.
Adult Segment Dominates Market Owing to Widespread Availability of Adult Rides
Based on end users, the market is segmented into kids and adults. The adult segment holds the largest market share, fueled by the widespread availability of rides catering to adult audiences, rise in disposable incomes, and growing demand for unique leisure and entertainment experiences.