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Amusement Parks in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Amusement Parks Market Research Report | NAICS 71311 | Feb 2014

Bumpy ride: Revenue is rising again as the economic recovery gains momentum

IBISWorld’s Amusement Parks market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
4.0%
Annual Growth 14-19
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Profit
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Employment
119,818
Businesses
482
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 - Industry Products Chapter

Admissions

The Amusement Parks industry derives the majority of its revenue from ticket sales. In 2014, admissions and ticket upgrades are expected to account for 55.0% of industry revenue. This segment has held a steady share of revenue in the five years to 2014, and it is expected to continue providing the majority of industry revenue in the five years to 2019. While some water parks are contained within other theme parks, industry operators typically charge separate fees for admission to water parks specifically. For example, Six Flags operates water parks alongside its amusement parks. As consumer confidence and spending returns to the US economy, amusement parks will likely continue to bolster ticket prices to drive revenue growth... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Amusement Parks Industry?

Amusement and theme park companies operate mechanical rides, water rides, games, shows, themed exhibits, refreshment stands and other attractions. Establishments may also lease space on a contract basis.

Industry Products
AdmissionsFood and beveragesMerchandiseSponsorship, licensing and other fees
 
Industry Activities
Operating theme parks Operating water parks Operating amusement piers


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