Feeling game: Revenue is set to surge in the current year due to the Commonwealth Games

The Amusement Parks and Centres Operation industry has generally performed well over the past five years. This has been due to growth in real household discretionary incomes, and domestic tourist visitor nights and international tourist visitor nights. Amusement parks have also offered discounts to attract new customers and gain repeat business, contributing to industry growth over the period. Despite this, competition from substitute entertainment industries and services, such as sports and online content, has put pressure on industry operators and reduced profit margins.An accident at Dreamworld on the Gold Coast, QLD, in October 2016 resulted in the death of four people and caused visitor numbers to decline due to safety concerns...read more.

Industry Statistics & Market Size
Revenue
$847m
Annual Growth 13-18
2.5%
Forecast Growth 18-23
Profit
Employment
5,269
Businesses
922

Industry Threats & Opportunities

  • Higher real household incomes and greater tourism have contributed to industry revenue growth
  • The Dreamworld tragedy in October 2016 reduced industry revenue in 2016-17
  • Revenue is forecast to fall in 2018-19, following a surge related to the Commonwealth Games
  • Industry Report - Starting a New Business Chapter

    New firms to the industry face significant barriers to competing with the largest operators in the amusement parks segment. This is largely due to the amount of land required to open a park and the climatic conditions necessary to make outdoor theme parks involving water activities viable. Major theme parks can incur significant costs by acquiring a substantial expanse of land for current operations and future expansion, establishing an attraction, and regularly updating attractions and providing new features. This shows that economies of scale can be important for industry operators, which creates an additional barrier to entry for a new firm. The industry is also highly labour-intensive. Mai...purchase to read more.

    Additional Insights for the Amusement Parks and Centres Operation Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Amusement Parks and Centres Operation Industry are

  • Proximity to key markets
  • Carrying out all necessary maintenance to keep facilities in good condition
  • Management of seasonal production
  • IBISWorld analysts also discuss how external factors such as Consumer sentiment index and Real household discretionary income in the Amusement Parks and Centres Operation industry impact industry performance..

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    What's in this report

    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
  • Admissions
  • Rides
  • Food and beverages
  • Merchandise
  • Coin-operated machines
  • Other products and services
  • Industry Activities
  • Amusement park operations
  • Theme park operations
  • Water park operations
  • Indoor rock climbing operations
  • Amusement and video game arcade centre operations
  • Amusement machines or rides concession operations
  • Children's fun centre operations
  • Go-kart centre or track operations
  • Mini-golf operations
  • Observation deck and tree walk operations
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer sentiment index
  • Real household discretionary income
  • Domestic tourist visitor nights
  • International tourist visitor nights
  • Average weekly hours worked

  • Current Performance
  • Growth drivers
  • Current trends
  • Employment and establishments
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth drivers
  • Industry trends
  • Table: Amusement Parks and Centres Operation Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Amusement Parks and Centres Operation Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Travel Agency and Tour Arrangement Services
  • Consumers

  • Key Selling Industries
  • Catering Services
  • Commercial Cleaning Services
  • Heavy Industry and Other Non-Building Construction
  • Travel Agency and Tour Arrangement Services

  • Products & Services
  • Admissions
  • Rides
  • Food and beverages
  • Merchandise
  • Coin-operated machines
  • Other products and services
  • Chart: Amusement Parks and Centres Operation Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Domestic visitors aged 19 to 39
  • Domestic visitors aged 18 and under
  • Domestic visitors aged 40 and over
  • International visitors
  • Chart: Major Market Segmentation for the Amusement Parks and Centres Operation Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Amusement Parks and Centres Operation

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Amusement Parks and Centres Operation Industry

  • Industry Globalization
    Village Roadshow Limited, Ardent Leisure Group,
  • Table: Village Roadshow Limited - financial performance
  • Table: Ardent Leisure Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Amusement Parks and Centres Operation Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Amusement Parks and Centres Operation Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Roller-Coasters
  • Roller-coasters are mini-railroad rides incorporating sudden drops, twists and turns.
  • Theme Rides
  • Theme rides are amusement park rides that are linked to popular action and adventure movies, such as Batman.
  • Thrill Rides
  • Thrill rides are a type of roller-coaster that moves at high speed and seeks the most extreme flips, twists and inversions to thrill the passenger.
  • What Our Customers Say

    Why buy this report?

    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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Amusement Parks and Centres Operation:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Amusement Parks and Centres Operation market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Amusement Parks and Centres Operation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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