What type of industry is an amusement park?


What type of industry is an amusement park? Amusement, Gambling, and Recreation Industries: NAICS 713.


Which company has the most theme parks?

The 2022 TEA/AECOM Theme Index Report reveals that Disney operates seven of the 10 most-visited theme parks in the world, a stat that helps explains how the company's parks division raked in $7.9 billion in operating profit last year.


How big is the amusement park industry?

The global amusement parks market size grew from $67.16 billion in 2022 to $106.57 billion in 2023 at a compound annual growth rate (CAGR) of 58.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.


Which theme parks make the most money?

In 2021, Disney Parks and Resorts was the leading amusement or theme park company worldwide in terms of revenue, reporting a total of almost 17 billion U.S. dollars. OCT Limited – which operates theme parks and similar recreational experiences in China – had the second highest value with roughly 11 billion dollars.


What industry is Disney parks in?

Related keylists. The Walt Disney Co (Disney) is an entertainment and media company. It produces and acquires television programs, and live-action films, and animated motion pictures.


What is another name for an amusement park?

On this page you'll find 8 synonyms, antonyms, and words related to amusement park, such as: theme park, carnival, funfair, pleasure ground, safari park, and water park.


How profitable is the theme park industry?

According to industry experts, the average profit margin for amusement parks ranges from 5%-10% of the total revenue earned. For example, large theme parks such as Disney World or Universal Studios typically earn about $1 billion in annual revenue, with a profit margin between 8%-10%.


What is the outlook for the amusement parks industry?

The Global Amusement Parks Market size was estimated at USD 48.26 billion in 2022, USD 50.97 billion in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.18% to reach USD 84.08 billion by 2030.


What is a better word for theme park?

synonyms for theme park On this page you'll find 6 synonyms, antonyms, and words related to theme park, such as: amusement park, adventure park, carnival, safari park, and water park.


Who is the target audience for amusement parks?

To sum up, families are the main audience of amusement parks, the visit lasts around 6 hours and most of the times it's a once a year experience.