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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 2015

Joy ride: Increased travel activity will lead to healthy industry revenue growth

The Amusement Parks market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 10-15
2.9%
Annual Growth 15-20
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Profit
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Employment
120,417
Businesses
476
Industry Analysis & Industry Trends

The Amusement Parks industry is experiencing significant growth as revenue and profit margins continue to expand amid brightening economic conditions. As consumer sentiment improved markedly over the past five years, more Americans increased leisure spending, resulting in higher amusement park attendance and greater in-park spending. Industry growth is expected to continue over the next five years as a number of drivers continue to have a positive influence on the industry. The additional infusion of tourist dollars is expected to bolster revenue for regional and destination amusement parks. The industry will also benefit as global unemployment rates decline, the US economy improves and consumers continue to spend money, particularly on recreational activities... purchase to read more

Industry Report - Industry Investment Chapter

For every dollar the average Amusement Park spends on wages in 2015, it will spend an estimated $0.49 on the use and replacement of buildings and equipment. As a result, IBISWorld deems this industry to have a high level of capital intensity.

The industry has significant capital requirements, given the need to provide new rides and attractions, most of which may only last a relatively short time, depending on visitor interest. The major amusement parks invest heavily and regularly in upgrading facilities to attract new customers. The practice of building special rides or park areas related to movie releases or other popular themes has become more common as competition within the industry has intensified... 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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