Industry Analysis & Industry Trends
There has been a steady increase in the number of amusement parks in China as households look for new and exciting ways to spend their leisure time and amusement parks improve their marketing. As a result, revenue for the Amusement Parks industry in China has been increasing over the past five years at an annualized rate of 10.2%. In 2016, industry revenue is expected to grow 8.7% to $3.7 billion.
The top four operators account for 14.5% of total revenue in 2016; this share is expected to increase as visitor numbers and gate receipts for the industry's largest amusement parks increase steadily. Fewer new players will enter the industry due to high and increasing barriers to entry.... purchase to read more
Industry Report - Industry Products Chapter
China's theme park numbers have increased steadily in recent years, as more families are visiting theme parks in their leisure time. Some theme parks offer value-added attractions like educational and hands-on experiences. Theme parks are expected to account for the largest proportion of industry revenue in 2016 at about 74.0%.
Revenue generated from amusement parks decreased in recent years due to intense competition with theme parks. Some large-scale amusement parks, such as Beijing Shijingshan Amusement Park, have transformed into theme parks to increase visitors. Amusement parks are forecast to account for about 17.0% of industry revenue in 2016... purchase to read more