Industry Analysis & Industry Trends
The industry faced a tumultuous season in the midst of the recession, with reduced travel rates translating to falling visitors. Revenue is expected to improve through the next five years, however, as companies seek to lure more consumers with new attractions. Also, the improved economy is projected to help raise consumer confidence, causing demand for entertainment to rise substantially. Larger companies will focus on expanding internationally in order to further boost profitability and revenue... purchase to read more
Industry Report - Starting a New Business Chapter
IBISWorld analysis indicates that the current barriers to entry are high, particularly for theme parks. The Amusement Parks industry has a high level of concentration, the four largest players are expected to account for about 78.0% of total industry revenue in 2013, which can be a significant barrier to entry for new major players. However, significant opportunities exist for smaller and niche players operating in local or regional markets.
At the upper end of this industry, there are significant costs for entry associated with the area of land required, which can vary anywhere between 100 acres to over 300 acres, and the initial capital investment required for buildings (including public facilities), displays and rides... purchase to read more