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NEWS
China to catch US by 2020 in race for theme park supremacy
POSTED 06 Nov 2014 . BY Tom Anstey
Universal has been attempting to enter the Chinese market since 2001
Chinese theme park attendance figures are predicted to surpass US numbers by 2020, according to US consultants Aecom.

With more than 60 theme parks in development, China is currently experiencing a theme park boom, with Asia the new hot commodity for theme park developers.

In 2010, the US recorded 220 million visitors to its theme parks, while China recorded a comparatively feeble 60 million in the same year. That is soon to change however, with China predicted to hit 127 million visitors by the end of 2015 and, as the number of facilities increases, those numbers are expected to rise significantly. The Chinese market is predicted to draw more than 221 million annually by 2020, which will see the Asian nation outstrip the US market to become theme park capital of the world.

Several US businesses are leading the charge into China, with Shanghai Disneyland coming in 2015, Dreamworks opening a Shanghai theme park in 2016 and Universal recently announcing a US$3.3bn (€2.6bn, £2bn) theme park in China to open in 2019, after more than a decade of attempting to enter the market.

The current market leader for Asia is Japan, though Aecom has forecast that China will become the theme park superpower in Asia when Shanghai Disneyland launches next year.
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Jobs    News   Products   Magazine   Subscribe
NEWS
China to catch US by 2020 in race for theme park supremacy
POSTED 06 Nov 2014 . BY Tom Anstey
Universal has been attempting to enter the Chinese market since 2001
Chinese theme park attendance figures are predicted to surpass US numbers by 2020, according to US consultants Aecom.

With more than 60 theme parks in development, China is currently experiencing a theme park boom, with Asia the new hot commodity for theme park developers.

In 2010, the US recorded 220 million visitors to its theme parks, while China recorded a comparatively feeble 60 million in the same year. That is soon to change however, with China predicted to hit 127 million visitors by the end of 2015 and, as the number of facilities increases, those numbers are expected to rise significantly. The Chinese market is predicted to draw more than 221 million annually by 2020, which will see the Asian nation outstrip the US market to become theme park capital of the world.

Several US businesses are leading the charge into China, with Shanghai Disneyland coming in 2015, Dreamworks opening a Shanghai theme park in 2016 and Universal recently announcing a US$3.3bn (€2.6bn, £2bn) theme park in China to open in 2019, after more than a decade of attempting to enter the market.

The current market leader for Asia is Japan, though Aecom has forecast that China will become the theme park superpower in Asia when Shanghai Disneyland launches next year.
MORE NEWS
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
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Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
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Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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