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    Amusement Parks & Arcades Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 5/24/2021
    SIC Codes: 7993, 7996
    NAICS Codes: 7131
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
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    Excerpt from Amusement Parks & Arcades Industry Profile

    Companies in this industry operate amusement parks or arcades. Major amusement park companies include Six Flags, Universal Parks & Resorts, and Walt Disney World, (all based in the US); as well as Fantawild (China) and OCT Group's Park World Online (both based in China); Merlin Entertainments (UK); and Parques Reunidos (Spain). Major arcade operators include US-based Andretti Indoor Karting & Games and CEC Entertainment.

    Global theme park spending is about $50 billion, according to the International Association of Amusement Parks and Attractions (IAAPA). Besides the US, the countries with the most popular attractions as measured by attendance include Japan, South Korea, China, France, and Hong Kong, according to the Themed Entertainment Association and AECOM.

    The US amusement parks and arcades industry includes about 4,300 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $21 billion. Amusement parks account for about 10% of the establishments and about 85% of the revenue; arcades account for about 90% of the establishments and about 15% of the revenue.

    COMPETITIVE LANDSCAPE

    Demand is driven by consumer income. The profitability of individual companies depends on good marketing. Large companies can more easily build expensive rides and have economies of scale in operations and advertising. Smaller companies can compete by serving smaller markets or offering special rides. The US industry is highly concentrated: the 50 largest companies generate about 85% of revenue.

     
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