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Asia leads way in theme park industry boom
POSTED 26 Nov 2007 . BY Tom Walker
The Asian theme park industry is set to grow rapidly over the next five years, according to a report by market analyst PricewaterhouseCoopers (PwC).

Japan is the region’s largest market with US$3.6bn (£1.7bn) in revenues, which are expected to grow 4.5 per cent to US$4.5bn (£2.18bn) by 2011.

China, the second-largest market, is an area currently experiencing particular growth, spurred by a rapidly expanding middle class.

Analysts also singled out India as the next major region for growth, another country where an affluent middle class is developing through economic expansion.

Meanwhile, preliminary projections show that the North American market was able to sustain another year of flat to moderate revenue growth, largely aided by the weak dollar.

Although the US is still the leading region in the global theme park market, PwC predicts that the United Arab Emirates (UAE) will be the world’s next home of destination theme parks.

PwC also predicts that Europe’s theme park market will grow 5.1 per cent for the five-year period between 2007 and 2011. increasing to US$5.5bn.

While fewer new parks and attractions are planned across the continent, many popular existing parks will add major investments that will encourage return guests.

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Jobs . News . Products . Magazine
NEWS
Asia leads way in theme park industry boom
POSTED 26 Nov 2007 . BY Tom Walker
The Asian theme park industry is set to grow rapidly over the next five years, according to a report by market analyst PricewaterhouseCoopers (PwC).

Japan is the region’s largest market with US$3.6bn (£1.7bn) in revenues, which are expected to grow 4.5 per cent to US$4.5bn (£2.18bn) by 2011.

China, the second-largest market, is an area currently experiencing particular growth, spurred by a rapidly expanding middle class.

Analysts also singled out India as the next major region for growth, another country where an affluent middle class is developing through economic expansion.

Meanwhile, preliminary projections show that the North American market was able to sustain another year of flat to moderate revenue growth, largely aided by the weak dollar.

Although the US is still the leading region in the global theme park market, PwC predicts that the United Arab Emirates (UAE) will be the world’s next home of destination theme parks.

PwC also predicts that Europe’s theme park market will grow 5.1 per cent for the five-year period between 2007 and 2011. increasing to US$5.5bn.

While fewer new parks and attractions are planned across the continent, many popular existing parks will add major investments that will encourage return guests.

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COMPANY PROFILE
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
+ More profiles  
FEATURED SUPPLIER

How can travelling exhibitions adapt for the future?
Emily Cronin, partnerships manager at the Science Museum Group in the UK, shares insights into evolving business models for touring exhibitions in Spokes, Ecsite’s magazine. [more...]
VIDEO GALLERY

Simworx - The power to move you…
Simworx is acknowledged as one of the world’s leaders in the supply of 4D Effects Cinemas and Motion Simulation Attractions. Find out more...
More videos:
Trailer Peter Pan - Saving Tinkerbell VR – Red Raion
Introducing AnimaChat! – Animalive
Trailer Pinocchio - A Modern Tale VR – Red Raion
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

18-20 Jul 2019

Indonesia International Amusement & Leisure Expo (IIALE 2019)

Jakarta International Expo , Jakarta, Indonesia
16-19 Sep 2019

IAAPA Expo Europe 2019

Paris Expo Porte de Versailles, Paris, France
+ More diary  
 


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Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

ABOUT LEISURE MEDIA
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