Industry Analysis & Industry Trends
There has been a steady increase in the number of amusement park numbers in China as households look for new and exciting ways to spend some of their leisure time, and as amusement park firms get better at marketing themselves. As a result, revenue for the Amusement Parks industry in China has been increasing over the past five years at an annualized rate of 13.1%. In 2013, industry revenue is expected to grow 13.6% to $2.7 billion.
The top four operators account for about 13.6% of total revenue in 2013, and 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, however, due to high and increasing barriers to entry.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Industry value added for amusement parks is expected to increase at a much faster rate (11.5%) than GDP (9.0%) in the decade to 2018, and industry revenue is forecast to grow steadily in the future.
Tourism industries in China have developed rapidly in recent years. The industry continues to benefit from the continuous growth in domestic tourism, while the increasing number of international visitors also stimulated industry growth.
After the introduction of the World Carnival in China in 2004, amusement parks have become an increasingly important leisure activity in China. Many families visit them on weekends and holidays. Young people are also attracted to them due to the fun activities on offer, and the perceived excitements of various amusement park rides and activities... purchase to read more