World Amusement Park Market: 10.16% CAGR to 2021

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ReportsnReports.com adds Global Amusement Park Market 2017-2021 latest research report; the analysts forecast global amusement park market to grow at a CAGR of 10.16% during the period 2017-2021.

The global amusement park market analyst says the target population in the age group of 0-14 is declining. Many theme parks are shifting their focus toward audience of other age groups to generate more revenue. Theme parks are creating more attractions and rides to target a larger audience. For instance, children under 15 are not allowed in certain rides in various theme parks. Theme parks are attracting adult audience by providing amusement rides such as roller coasters, river rapids rides, and sky coasters. This shift in the target audience will likely support the growth of the market during the forecast period.

Complete report on amusement park market spread across 71 pages, analyzing 5 major companies and providing 39 data exhibits are now available at http://www.reportsnreports.com/reports/805860-global-amusement-park-market-2017-2021.html

According to the amusement park market report, as tourism generates good revenue, governments of many countries have realized that theme parks play an important role in attracting tourists. For instance, more than 70 million travelers pass through the Dubai Airport every year since 2014. The Dubai Airport is the hub of the Emirates, and is one of the world's largest airlines. However, most of the travelers transit onward to other destinations without staying in the city. To promote tourism and retain travelers, Dubai Parks and Resorts was inaugurated in October 2016. The park consists of six themed lands, with three separate theme parks and one water park. This park is intended to provide travelers a genuine reason to stay in the Emirates for a longer layover. Similar projects are scheduled to be launched in Dubai, of which Six Flags Dubai and Fox World Dubai Parks are to be opened by 2018.

The following companies are the key players in the global amusement park market: Cedar Fair Entertainment, Merlin Entertainments, SeaWorld Parks & Entertainment, Universal Parks & Resorts, and Walk Disney Parks and Resorts. Other prominent vendors in the market are: Beto Carrero World, Chimelong Paradise, Efteling, Europa-Park, Lotte World, Ocean Park, OCT Parks, Parque Mundo Aventura, Experiencias Xcaret Parque, Samsung C&T Resort Group, Six Flags Entertainment, and Tivoli Gardens. Order a copy of Global Amusement Park Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=805860

Amusement park market in the Americas is led primarily by the US. Most key vendors in the market, such as Cedar Fair Entertainment, SeaWorld Parks & Entertainment, Universal Parks & Resorts, and Walt Disney Parks and Resorts are based in North America. Countries such as the UK, France, Germany, and Spain, which are popular destinations for paragliding, kite surfing, and hiking on mountains and glaciers, are the key revenue generators in the amusement park market in EMEA.

Global Amusement Park Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the present scenario and the growth prospects of the global amusement park market for 2017-2021. To calculate the market size, the report considers the revenue generated from the following sources of revenue:
• Tickets
• Hospitality
• Merchandizing
• Others

Further, the amusement park market report states that there is an increased shift in preference of individuals from relaxing vacations to adventure sports and tourism. Adventure tourism is gaining high traction in the tourism industry because of the extraordinary experience it offers. However, this type of tourism involves high risks. Therefore, an individual requires sufficient training to participate in adventure sports.

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