Amusement parks Market is predicted to reach USD 106.80 billion at a CAGR of 5.80% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Amusement parks Market”.

The amusement parks market is estimated to register a CAGR of 5.80%during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the amusement parks market— The Walt Disney Company (U.S.), Cedar Fair Entertainment Company (U.S.), SeaWorld Parks & Entertainment, Inc. (U.S.), Ardent Leisure (Australia), Fantawild (China), IMG Worlds of Adventure (UAE), DISNEY PARKS, EXPERIENCES AND PRODUCTS (U.S.), Six Flags Entertainment Corporation. (U.S.).

Market Highlights

The amusement parks market is accounted to register a CAGR of 5.80% during the forecast period and is estimated to reach USD 106.80 billion by 2032.

The amusement parks market is driven by increasing consumer demand for unique and immersive experiences, technological advancements, and global tourism growth. However, it faces challenges due to high operational costs, weather dependencies, and regulatory complexities. Opportunities arise from expanding middle-class populations, emerging markets, and innovative ride technologies. Sustaining growth requires addressing environmental concerns, ensuring safety, and adapting to changing consumer preferences amidst ongoing global economic uncertainties.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Amusement parks Market Research Report

Segment Analysis

The amusement parks market has been segmented into type, ride, and age-group and revenue source.

On the basis of type, the market is segmented into theme parks, water parks, adventure parks, zoo parks. The theme parks segment was attributed to holding the largest market share in 2022. Theme parks are popular and offer diverse attractions such as rides, shows, and themed entertainment experiences. They cater to a broad audience and provide a wide range of activities, making them a top choice for families and individuals seeking immersive and entertaining experiences. On the other hand, water parks are the fastest-growing category, fueled by the growing demand for water-based attractions, exciting rides, and refreshing aquatic activities, especially during warm seasons, leading to their rapid expansion and popularity

Based on ride, the amusement parks market has been segmented into mechanical rides, water rides, others. The mechanical rides segment was expected to hold the largest market share in 2022. Mechanical rides, such as roller coasters, carousels, and ferris wheels, offer a wide range of thrilling experiences for visitors due to their versatility and appeal across different age groups. Meanwhile, water rides are becoming increasingly popular, particularly in warmer climates, with attractions like slides and splash zones providing a refreshing and enjoyable experience. The rising demand for distinctive water-based entertainment is driving the rapid growth of this category.

Based on age-group, the amusement parks market has been segmented into Up to 18 years, 19 to 35 years, 36-50 years,51-65 years, Above 65 years. The 19 to 35 years segment was expected to hold the largest market share in 2022. As this demographic makes up a large portion of the population seeking thrilling experiences and entertainment. This age group typically includes young adults and families with children, resulting in a consistent flow of visitors. At the same time, the fastest-growing category is the 51-65 age group, fueled by the increasing popularity of active and adventurous lifestyles among older individuals. Amusement parks are increasingly tailoring their offerings to this demographic by providing a variety of exciting and age-appropriate attractions, which has led to rapid growth in this category.

Based on revenue source, the amusement parks market has been segmented into Tickets, Food & beverage, Merchandise, Hotel & resorts, Others. The tickets segment was expected to hold the largest market share in 2022. Tickets are the dominant category for amusement parks, providing the main source of income. Revenue from ticket sales increases as attendance grows. Meanwhile, merchandise is the fastest-growing category, fueled by the rising popularity of branded products, souvenirs, and themed merchandise. Amusement parks boost merchandise sales by offering exclusive items, creating a profitable opportunity for revenue growth.

Regional Analysis

The amusement parks market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe amusement parks market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The amusement parks market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World amusement parks market comprises of Middle East, Africa, and Latin America.

The largest market share for amusement parks was maintained by the North American regional sector.This increase is attributed to the world's most iconic and popular theme parks, drawing millions of visitors annually. Major attractions such as Disneyland, Universal Studios, and Six Flags are located in the region, contributing significantly to the market's size and popularity. Secondly, a high level of disposable income in North America supports frequent family outings and recreational activities, making amusement parks a preferred entertainment choice.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for amusement parks is driven by rich cultural heritage and diverse landscapes, providing an ideal backdrop for a variety of themed attractions. Iconic theme parks, such as Disneyland Paris and Europa-Park in Germany, continually attract a large number of visitors. Additionally, Europe's well-developed transportation infrastructure and high standards of living contribute to increased tourism and domestic visitation.

Additionally, the Asia-Pacific region is anticipated to experience the quickest growth in the amusement parks market for several compelling reasons. Firstly, rapid urbanization, population growth, and rising disposable incomes across many Asian countries have led to an expanding middle class with a greater appetite for leisure and entertainment. This demographic shift increases the demand for recreational activities such as visiting amusement parks. Secondly, ongoing investments by both domestic and international operators in new theme parks and attractions contribute to the region's growth.

Furthermore, the rest of the world's amusement parks market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the significant investments in extravagant theme parks, capitalizing on the region's economic prosperity and global tourism allure. Africa, while still emerging in the amusement parks industry, experiences growth in countries like South Africa, driven by economic development, an expanding middle class, and increasing demand for leisure activities.

Key Findings of the Study

• The amusement parks market is expected to reach USD 106.80 billion by 2032, at a CAGR of 5.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the rapid urbanization, population growth, and rising disposable incomes.


• Based on type, the theme parks segment was attributed to holding the largest market in 2022, with an approximate market share of 45–55%.


• The Walt Disney Company (U.S.), Cedar Fair Entertainment Company (U.S.), SeaWorld Parks & Entertainment, Inc. (U.S.), Ardent Leisure (Australia), Fantawild (China), IMG Worlds of Adventure (UAE), DISNEY PARKS, EXPERIENCES AND PRODUCTS (U.S.), Six Flags Entertainment Corporation. (U.S.).