Overview

Tragedy strikes: The accident at Dreamworld is expected to hinder growth in the current year

The Amusement Parks and Centres Operation market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

Growth in the Amusement Parks and Centres Operation industry has generally been positive over the past five years. This has been due to real household discretionary income growth and growth in domestic tourist visitor nights and international tourist visitor nights. Amusement parks have also offered discounts to attract new customers and gain repeat business, which has contributed 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. Furthermore, an accident at Dreamworld on the Gold Coast, QLD in October 2016, which resulted in the death of four people, is likely to cause visitor numbers to decline due to safety concerns...

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Industry Report - Industry Analysis Chapter

Although the Amusement Parks and Centres Operation industry has grown over the past five years, a tragic accident on a ride at Dreamworld in October 2016, which caused the death of four people, is expected to cause industry revenue to decline in the current year. At the time of writing, the cause of the accident is under police investigation, and there is the potential of a coronial inquiry. Dreamworld management has announced it is unsure when the theme park will reopen. Concerns about ride safety and maintenance are likely to cause Dreamworld's visitor numbers to decline over the remainder of 2016-17. Concerns about ride safety may also have a negative effect on other industry operators.

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Industry Products

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

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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