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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 | Mar 2016

Wild ride: Increased tourist numbers and improving weather help return revenue to growth

IBISWorld’s Amusement Parks and Centres Operation market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$799m
Annual Growth 11-16
2.6%
Annual Growth 16-21
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Profit
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Employment
5,170
Businesses
841
Industry Analysis & Industry Trends

Growth in the Amusement Parks and Centres Operation industry has been mixed over the past five years. This has been due to lower consumer sentiment, low real household discretionary income growth, some adverse weather conditions, and discounting by amusement parks to attract new customers and gain repeat business. Consumer spending has been under pressure from high housing costs, although this has been offset by high growth in international tourist numbers. Competition from substitute entertainment industries and services, such as sports and online content, has been putting pressure on industry operators and reducing revenue and profit.

The industry is sensitive to factors that cause changes to domestic entertainment spending and international visitor arrivals... purchase to read more

Industry Report - Industry Analysis Chapter

The Amusement Parks and Centres Operation industry has expanded over the five years through 2015-16, due to increases in real household discretionary income, reductions in the average weekly hours worked per person, and higher domestic and international tourist numbers. This growth has come despite some adverse weather conditions in South East Queensland that reduced demand for amusement parks in 2014-15. Furthermore, the closure of some amusement arcades due to lower demand, weakness in consumer sentiment and high substitute competition have hindered industry growth. Price discounting has attracted more visitors to some sites, while greater local and global competition for recreation and entertainment has been a drag on industry revenue growth... 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.

Industry Products
AdmissionsRidesFood and beveragesMerchandiseCoin-operated machines
 
Industry Activities
Amusement park operationsTheme park operationsWater park operationsIndoor rock climbing operationsAmusement 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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