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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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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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State-of-the-art aquarium to open in Vietnam in early 2020
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Universal reveals new details for Beijing resort, announces seven themed lands
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RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
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iPlayCo was established in 1999. iPlayCo Corporation Ltd is the owner and key stakeholder. [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
+ More profiles  
FEATURED SUPPLIER

Rebranded EAG International Expo set to become leading trade show for the international entertainment and attractions industry
The newly rebranded Entertainment, Attractions and Gaming International Expo (EAG) is set to become the entertainment industry’s leading and most comprehensive trade event. [more...]
VIDEO GALLERY

Red Raion Showreel 2018
Red Raion is the CGI studio specialized in media based attraction. Find out more...
More videos:
Trailer Pinocchio - A Modern Tale VR – Red Raion
Introducing AnimaChat! – Animalive
Red Raion: Meet the Team - Introduction – Red Raion
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

29-31 Oct 2019

Mediterranean Resort & Hotel Real Estate Forum (MR&H)

Hilton Athens, Athens, Greece
18-22 Nov 2019

IAAPA Expo

Orange County Convention Center, Orlando, United States
+ More diary  
 


ADVERTISE . CONTACT US

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

©Cybertrek 2019

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
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