Amusement and Recreation

 
The global amusement and theme park market - valued at $67 billion in 2023 - is projected to reach $98.7 billion by 2030, growing at a compound annual growth rate of 5.7%, per GlobeNewswire. This growth is driven by technological advancements, rising disposable incomes, and a shift toward unique, immersive experiences. Innovations in ride technology and interactive entertainment attract repeat visitors, while the expanding middle class - especially in emerging economies - boosts attendance. Social media further amplifies park appeal, driving demand. Additionally, partnerships between entertainment franchises and park operators fuel new attractions, aligning with the trend of experiential travel and ensuring dynamic market expansion worldwide. tinyurl.com/NRPA-2024