Amusement Park Market Size, Share, Global Trends, Forecast 2034

Amusement Park Industry Prospective:

The global amusement park market size was worth around USD 50.24 billion in 2024 and is predicted to grow to around USD 89.97 billion by 2034, with a compound annual growth rate (CAGR) of roughly 6.00% between 2025 and 2034.

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Amusement Park Market: Overview

An amusement park is a commercial facility designed for the entertainment of the general population. The industry is filled with a wide variety of amusement parks. For instance, water parks feature an extensive number of creative rides with water-based play areas, with water as the central focus. Some of the other popular forms of amusement parks include adventure-based entities and theme-based parks. A popular brand of amusement park, Disney World, offers comprehensive entertainment solutions, including an entertainment park, Disney’s Hollywood Studios, and animal kingdoms. In addition, the industry revenue is influenced by several regional amusement parks offering a wide range of activities for visitors.

During the forecast period, revenue in the amusement park industry is expected to be driven by an increasing rate of international tourism across the globe. In addition, college and school groups are some of the largest contributors to revenue generated by amusement parks, especially during peak seasons. A major drawback for the market is the high cost of investment required to build a park, along with concerns over the environmental impact of larger parks.

Key Insights:

• As per the analysis shared by our research analyst, the global amusement park market is estimated to grow annually at a CAGR of around 6.00% over the forecast period (2025-2034)
• In terms of revenue, the global amusement park market size was valued at around USD 50.24 billion in 2024 and is projected to reach USD 89.97 billion by 2034.
• The amusement park market is projected to grow at a significant rate due to increasing tourism worldwide and changing lifestyles.
• Based on the type, the theme parks segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the target audience, the tourist segment is anticipated to command the largest market share.
• Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.

Amusement Park Market: Growth Drivers

Increasing tourism worldwide and changing lifestyles will impact market revenue during the forecast period

The global amusement park market is expected to be driven by an increasing number of tourists across the globe. Since the pandemic, the number of domestic and international travelers worldwide has increased steadily, driven by multiple factors. For instance, a shift in population lifestyle, with a considerable focus on travel-based experiences, has further amplified the demand for attractive tourist places. Amusement parks have proven highly popular among tourists of all ages.

According to official reports, the parks by Universal Studios in Japan were the third most visited entertainment sites worldwide, attracting more than 15 million tourists in 2023. Similarly, other regional and small-scale parks offering a wide range of services to visitors will further amplify market expansion in the coming years.

Diversification in terms of services offered across amusement parks may attract more customers

Amusement parks are increasingly offering diversified services. The fragmentation of product offerings aims to deliver desirable amusement-oriented solutions to visitors of all ages and genders. For instance, large-scale amusement parks are often equipped with on-site hospitality services, including accommodation centers, resorts, and camping grounds.

Moreover, entertainment parks also tend to offer exclusive food services such as character dining. In a recent event, California-based Six Flags Magic Mountain, a major thrill-focused amusement park, announced the launch of a renewed culinary experience at the facility. Some of the latest additions in the food service include fresh double-patty burgers and new chicken and waffles plates.

Amusement Park Market: Restraints

High cost of investment and maintenance to limit market expansion in the coming years

The global amusement park market is expected to be restricted due to the high cost of initial investment required to construct an entertainment facility. Amusement parks are generally spread across multiple hectares of land. They also take years of construction and can become operational only after receiving quality approvals from the necessary officials.

The average cost of building a large-scale amusement park can range between USD 600 million and over USD 6 billion. Additionally, the maintenance expenses of amusement parks are exceptionally high as the facilities need to be regularly maintained and monitored.

Amusement Park Market: Opportunities

Ongoing investments in the development of state-of-the-art facilities may generate growth opportunities

The global amusement park market is expected to generate growth opportunities due to the surging investments in the construction of breakthrough facilities housing state-of-the-art entertainment units. In May 2025, Disney announced its plan to construct its latest theme park in Abu Dhabi on Yas Island. The new resort will be the company’s 7th facility of its kind across the globe. The waterfront resort will be facilitated by a collaborative effort by Miral and Disney. The former is an Abu Dhabi-based immersive venue creator.

In May 2025, the Maharashtra Tourism Development Corporation (MTDC) of India’s Maharashtra state announced its plans to develop a portion of the coastal areas of Gorai in Mumbai into an eco-friendly amusement park.

Furthermore, the ongoing integration of advanced technologies such as Virtual Reality (VR), Augmented Reality (AR), and 3D visuals, along with next-generation sound and graphic systems, will help the industry foster new growth avenues during the forecast period. Amusement park service providers are seeking new ways to make entertainment more interactive for their visitors. It can be achieved by leveraging the technological advancements in solutions that deliver immersive experiences. The future of amusement parks is expected to deliver the use of interactive maps for navigating through the park, the use of smart bracelets, and reward systems.

Amusement Park Market: Challenges

Environmental damage caused by entertainment parks to challenge market growth trends

The global amusement park industry is expected to be challenged by the environmental impact of constructing entertainment units. Amusement parks demand expansive land and other resources, thus damaging the local ecosystem. Amusement park developers run the risk of affecting indigenous plant and animal species when constructing such facilities.

Additionally, the excessive use of power, water, and other resources may further put strain on the environment. Market players must ensure minimal disruption of the ecosystem when constructing amusement parks by focusing on sustainable solutions.

Amusement Park Market: Report Scope

Amusement Park Market: Segmentation

The global amusement park market is segmented based on type, target audience, and region.

Based on the type, the global market segments are theme parks, adventure parks, water parks, entertainment parks, indoor amusement parks, and seasonal parks. In 2024, the highest growth was listed in the theme parks segment. The growing popularity of parks providing theme-based entertainment has helped the segment thrive. According to official reports, theme parks registered an increase of more than 22.9% in visitors as compared to 2022. Indoor amusement parks are projected to deliver a higher CAGR during the forecast period.

Based on the target audience, the global market divisions are tourists, teenagers & adventure seekers, families, corporate clients, and school or college groups. In 2024, the highest revenue was generated by the tourists segment. The rising number of travelers worldwide, along with increased day trips worldwide, has helped the segment thrive. In 2023, Universal Studios Hollywood in California was visited by more than 9.5 million tourists.

Amusement Park Market: Regional Analysis

Asia-Pacific to register the highest revenue during the projection period

The global amusement park market will be led by Asia-Pacific during the forecast period. Countries such as China, India, Japan, Malaysia, and South Korea are expected to generate the highest revenue during the forecast period. The presence of a larger consumer market witnessing a shift in lifestyle is one of the primary reasons for increased revenue among amusement park service providers.

In March 2025, iQiyi, a Chinese video streaming platform, announced its plans to open a new theme-based amusement park in China, which is expected to become popular in the coming years. Asian markets have a higher demand for character and theme-based amusement parks due to the higher popularity of iconic characters from different popular entertainment shows.

In February 2025,  Warner Bros. Discovery announced that it will open the Harry Potter Studio Tour in the Shanghai region by 2027. In May 2025, Bharti Real Estate from the Indian market and Universal Studios from the US entered a partnership to open a massive theme park in the Indian region. The venue will be housed inside a  3-million-square-foot mall constructed by the former and set to launch by 2027.

Amusement Park Market: Competitive Analysis

The global amusement park market is led by players like:

• SeaWorld Parks & Entertainment
• Disney Parks
• Experiences and Products
• Six Flags Entertainment Corporation
• Parques Reunidos
• Fantawild Holdings
• Evergrande Fairyland
• Cedar Fair Entertainment Company
• Chimelong Group
• Warner Bros. Discovery Global Themed Entertainment
• Universal Destinations & Experiences
• OCT Parks China
• Merlin Entertainments
• Lotte World
• Herschend Family Entertainment
• Compagnie des Alpes

The global amusement park market is segmented as follows:

By Type

• Theme Parks
• Adventure Parks
• Water Parks
• Entertainment Parks
• Indoor Amusement Parks
• Seasonal Parks

By Target Audience

• Tourists
• Teenagers & Adventure Seekers
• Families
• Corporate Clients
• School or College Groups

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa