United States Amusement And Theme Park Industry Market Trends

Statistics for the 2023 & 2024 United States Amusement And Theme Park Industry market trends, created by Mordor Intelligence™ Industry Reports. United States Amusement And Theme Park Industry trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

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Market Trends of United States Amusement And Theme Park Industry

Increase in the number of visitors in amusement and theme parks

The popularity of experiential travel saw a surge in recent years, particularly in the aftermath of the COVID-19 pandemic, and amusement & theme parks, which have traditionally been synonymous with this type of travel, are re-emerging as popular destinations for tourists. Major theme parks, such as Disney Parks & Resorts and Universal Theme Parks, as well as Legoland, Genting, and others, are all experiencing a strong recovery in both attendance and expenditure. For example, Disney has reported a 40% rise in theme park spending per capita in 2022 compared to the previous year. Themed Entertainment Association's (TEA) annual report for 2022 revealed a 32% increase in theme park attendance for North America's most significant attractions, with Walt Disney World's Magic Kingdom (Walt Disney World) leading the way. According to the report, Magic Kingdom attracted a total of around 18 million visitors during the 50th Anniversary Celebration of the resort in 2022.

United States Amusement and Theme Park Market : Visitors to Disney theme parks in the U.S. 2019-2022, by park

The rise in disposable income is fueling the growth of the market

Consumers are increasingly spending money to experience things rather than to purchase items to fill their leisure time. They are contributing to this by using their discretionary funds to pay for unique, individualized experiences, thus contributing to the experience economy. Social media is essential in influencing consumers to create an increased demand for these experiences. Individuals of all ages, particularly corporate professionals, are drawn to amusement parks to spend quality time in a pleasant, family-friendly atmosphere. The expansion of the amusement park market revenue can be attributed to a variety of factors, including changing lifestyles, cultural changes, and the increasing acceptance of a holistic lifestyle that combines work and leisure.

United States Amusement and Theme Park Market : Per capita disposable personal income in the United States, 2018-2022, In USD Billion

US Amusement and Theme Park Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)