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 Locations Chapter
Guangdong province is expected to account for 25.2% of revenue for the Amusement Park industry in 2016. Many large-scale amusement parks are located in Guangdong province, including Happy Valley and Citic Minsk World. In addition to the high disposable household income level in Guangdong province, the high population density makes for a major potential market, which is an important demand factor for amusement parks.
Jiangsu province is one of the most developed provinces in China, with relatively high living standards. In 2016, about 5.8% of the industry's establishments are expected to locate in this province... purchase to read more