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          1. Amusement Parks & Arcades Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 8/18/2020
            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 Walt Disney, Six Flags, and Universal Parks & Resorts (all based in the US), as well as Fantawild (China), Merlin Entertainments (UK), OCT Parks (China), and Parques Reunidos (Spain). Major arcade operators include US-based CEC Entertainment (Chuck E Cheese), and Andretti Indoor Karting and Games.

            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 3,400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $17 billion. Amusement parks account for about 15% of the establishments and about 90% of the revenue; arcades account for about 85% of the establishments and about 10% 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.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            About 55% of industry revenue comes from admissions and ...

             
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