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Global Theme Park Vacation Market Size, Share, Research, Forecast: By Type: Adventure Park, Water Park, Children’s Play Park; By Age Group: Baby Boomers, Generation X, Millennials, Generation Z; By Traveller Type: Solo, Group; By Sales Channel: Online Channel, Offline Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Theme Park Vacation Market Outlook
The global theme park vacation market reached a value of approximately USD 53.84 billion in 2023. The market is assessed to grow at a CAGR of 6.40% between 2024 and 2032, reaching a value of nearly USD 94.10 billion by 2032.
Key Trends in the Global Theme Park Vacation Market
Theme parks, also known as amusement parks, are large outdoor entertainment areas which are organised on the basis of one central idea or theme. These parks are often divided into sections, where each section is designed around a different theme.
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- One of the primary theme park vacation market drivers is the growing middle-class population and the rising disposable incomes. With the growth of emerging economies and the rising purchasing power of the population, people are likely to spend more on leisure activities such as theme park vacations.
- The continuous growth of the global tourism sector is another crucial driver for the market for theme park vacation. Countries with popular theme parks attract a significant number of international visitors. Besides, with advancements in transportation and the ease of travel, people are increasingly exploring international destinations. Theme parks, being major tourist attractions, are benefitting from this trend.
- Technological advancements have revolutionised theme parks, enhancing the overall visitor experience. Theme parks are incorporating state-of-the-art technologies, including virtual reality (VR), augmented reality (AR), and interactive elements, to engage visitors. These advancements create a more immersive and interactive environment, attracting visitors and driving the theme park vacation market growth.
Global Theme Park Vacation Market Analysis
Based on type, the market is segmented into adventure park, water park, and children’s play park. On the basis of age group, the market can be categorised into baby boomers, generation X, millennials, and generation Z.
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The market bifurcation, based on traveller type, include solo and group. On the basis of sales channels, the market is segmented into online channel and offline channel. The major regional markets for theme park vacation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global theme park vacation market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Walt Disney Company
- Merlin Entertainments Limited
- Universal City Development Partners, Ltd
- Shenzhen Overseas Chinese Town Co., Ltd
- Fantawild Holdings Inc.
- Cedar Fair Entertainment Company
- Six Flags Entertainment Corporation
- Hershey Entertainment & Resorts Company
- SeaWorld Parks & Entertainment
- Parques Reunidos Servicios Centrales S.A
- Others
Global Theme Park Vacation Market Share by Type
Adventure parks are anticipated to hold a significant share in the theme park vacation market during the forecast period. Adventure parks offer a wide range of thrilling activities such as roller coasters, zip lines, bungee jumping, and obstacle courses, catering to a wide range of age groups, including children, teenagers, and adults. This makes them an appealing choice for families looking for a fun outing or a vacation destination that can accommodate everyone's interests.
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Global Theme Park Vacation Market Share by Age Group
Millennials are expected to account for the largest share of the market as they often visit theme parks to have a relaxing weekend and enjoy the ambience of the place. Most millennials are also likely to visit theme parks with their family and friends as a planned group tour.
Competitive Landscape
Walt Disney Company is a pioneer in the entertainment sector and a multinational entertainment and media conglomerate, known for creating some of the world’s most popular animated characters such as Mickey Mouse. The company was founded in 1923 and it operates in multiple fields such as resorts, parks, and consumer products. Some of the company’s most popular theme parks and resorts include Disneyland Resort, Walt Disney World Resort, Tokyo Disney Resort, Disneyland Paris, and Shanghai Disney Resort.
Merlin Entertainments Limited is an entertainment company based in Poole, England. Since the establishment of the company in 1999, it has become one of the largest attraction operators. The company offers a wide range of attractions, including theme parks and entertainment venues. Some of its well-known theme parks include Alton Towers Resort, LEGOLAND, Thorpe Park, and Chessington World of Adventures in the UK.
Universal City Development Partners, Ltd is a development company operating as Universal Orlando Resort under its parent organisation, Comcast Corp. Universal Orlando Resort is a theme park resort that comprises several attractions, including Universal's Islands of Adventure, Universal Studios Florida, and the Volcano Bay water park. The resort also features various hotels, entertainment venues, dining options, and shopping areas.
Other market players include Shenzhen Overseas Chinese Town Co., Ltd, Fantawild Holdings Inc., Cedar Fair Entertainment Company, Six Flags Entertainment Corporation, Hershey Entertainment & Resorts Company, SeaWorld Parks & Entertainment, and Parques Reunidos Servicios Centrales S.A, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Age Group |
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| Breakup by Traveller Type |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Theme Park Vacation Market Analysis
8.1 Key Industry Highlights
8.2 Global Theme Park Vacation Historical Market (2018-2023)
8.3 Global Theme Park Vacation Market Forecast (2024-2032)
8.4 Global Theme Park Vacation Market by Type
8.4.1 Adventure Park
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Water Park
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Children’s Play Park
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Theme Park Vacation Market by Age Group
8.5.1 Baby Boomers
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Generation X
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Millennials
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Generation Z
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Theme Park Vacation Market by Traveller Type
8.6.1 Solo
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Group
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Theme Park Vacation Market by Sales Channel
8.7.1 Online Channel
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Offline Channel
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Theme Park Vacation Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Theme Park Vacation Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Theme Park Vacation Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Theme Park Vacation Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Theme Park Vacation Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Theme Park Vacation Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Walt Disney Company
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Merlin Entertainments Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Universal City Development Partners, Ltd
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Shenzhen Overseas Chinese Town Co., Ltd
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Fantawild Holdings Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Cedar Fair Entertainment Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Six Flags Entertainment Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Hershey Entertainment & Resorts Company
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 SeaWorld Parks & Entertainment
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Parques Reunidos Servicios Centrales S.A
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Theme Park Vacation Market: Key Industry Highlights, 2018 and 2032
2. Global Theme Park Vacation Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Theme Park Vacation Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Theme Park Vacation Historical Market: Breakup by Age Group (USD Billion), 2018-2023
5. Global Theme Park Vacation Market Forecast: Breakup by Age Group (USD Billion), 2024-2032
6. Global Theme Park Vacation Historical Market: Breakup by Traveler Type (USD Billion), 2018-2023
7. Global Theme Park Vacation Market Forecast: Breakup by Traveler Type (USD Billion), 2024-2032
8. Global Theme Park Vacation Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
9. Global Theme Park Vacation Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
10. Global Theme Park Vacation Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Theme Park Vacation Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Theme Park Vacation Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Theme Park Vacation Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Theme Park Vacation Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Theme Park Vacation Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Theme Park Vacation Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Theme Park Vacation Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Theme Park Vacation Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Theme Park Vacation Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Theme Park Vacation Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Theme Park Vacation Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Theme Park Vacation Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 53.84 billion.
The market is assessed to grow at a CAGR of 6.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 94.10 billion by 2032.
The growth of the market is driven by the increasing disposable incomes of the middle-class population and a significant surge in international tourism.
The major trends propelling the market development include technological advancements such as augmented reality and virtual reality and the increasing focus of companies to expand their franchise in different locations.
The major regional markets for theme park vacation include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major theme park types considered in the market report include adventure park, water park, and children’s play park.
The key players in the theme park vacation market are Walt Disney Company, Merlin Entertainments Limited, Universal City Development Partners, Ltd, Shenzhen Overseas Chinese Town Co., Ltd, Fantawild Holdings Inc., Cedar Fair Entertainment Company, Six Flags Entertainment Corporation, Hershey Entertainment & Resorts Company, SeaWorld Parks & Entertainment, and Parques Reunidos Servicios Centrales S.A, among others.
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