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Amusement Parks and Centres Operation in Australia: Market Research Report

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

Amusement Parks and Centres Operation Market Research Report | ANZSIC R9131 | Sep 2014

Less than thrilling: Adverse weather conditions have constrained industry revenue growth

IBISWorld’s Amusement Parks and Centres Operation market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$728m
Annual Growth 10-15
0.6%
Annual Growth 15-20
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Profit
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Employment
8,930
Businesses
835
Industry Analysis & Industry Trends

The Amusement Parks and Centres Operation industry has been on a roller-coaster ride propelled by bumpy economic conditions, some adverse weather conditions and heavy discounting over the past five years to attract new customers. Consumer spending has been under pressure from high housing costs, while competition from substitute entertainment industries and services, such as sports and online content, has been putting pressure on industry operators and reducing margins and profit.

The industry is sensitive to factors that cause changes to domestic entertainment spending and international visitor arrivals. Domestic trips by tourists have increased at a steady rate in the past five years, while international tourist numbers have also grown... purchase to read more

Industry Report - Starting a New Business Chapter

There are significant barriers to competing with the largest operators, usually due to the amount of land required and climatic conditions making some outdoor theme parks involving water activities unsuitable in cold regions. Major theme parks can incur significant costs involved in acquiring a substantial expanse of land for current operations and future expansion, in establishing an attraction, and in regularly updating attractions and providing new features. The industry is also highly labour-intensive, with maintenance costs and the resources required to promote and maintain the ongoing interest of patrons also being an entry barrier... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Amusement Parks and Centres Operation Industry?

Amusement or theme parks offer attractions such as mechanical rides, water slides, games, shows and theme exhibits. They also lease venue space for other businesses to operate attractions or provide services (such as selling food) on a concession basis. Amusement arcades, centres or parlours are permanently located within a venue and offer many coin-operated games, such as pinball. Similar firms operate a limited number of amusement machines and rides in shopping centres and fairgrounds.

Industry Products
AdmissionsRidesFood and beveragesMerchandiseCoin-operated machines
 
Industry Activities
Amusement park operationsTheme park operationsWater park operationsHeritage theme park operations (not original or with historical artefacts)Amusement and video game arcade centre operationsAmusement machines or rides concession operationsChildren's fun centre operationsGo-kart centre or track operationsMini-golf operationsObservation deck and tree walk operations


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