Global Market Research Reports : Ken Research: Jordan Tourist Theme Park

Wednesday, June 7, 2017

Increasing Number of Foreign Visitors and New Theme Parks in Pipeline to Foster Middle East Theme Parks Market Future Growth: Ken Research

Efforts made by the government, increased tourism and investments by international players in the region are the major factors which are expected to fuel the Middle East Theme Parks Market in future.

Effort made by the government to improve the tourism sector of the countries in the region was the major driving factor for theme parks market in the Middle East. Augmented inflow of tourists visiting the Middle East region added to the number of theme park visitors, thereby making them generate increased revenues during the review period. For instance, the total number of tourists arriving the UAE inclined from 15.4 million persons during 2014 to 17.8 million persons during 2016, registering a CAGR of 7.5% during the same period. The countries are shaping their events industry along with a favorable investment and business climate to attract more tourists into the country. Annual international events held in the region coupled with the increasing diversity of theme parks have not only increased the number of tourists but have also enhanced the length of stay of tourist in the region. Increasing supply of hotel rooms have reduced room rate which has also positively impacted the tourism sector in the region.

The government of various countries in the region is inviting international players in theme park market to invest in their country, which is expected to augment the overall revenue. For instance, Flow House Waterpark in Kuwait, which was launched in September 2016, is expected to attract more people to the theme parks market of the country. Similarly, Warner Bros amusement park launch in UAE and the entrance of Kidzmondo theme parks in Saudi Arabia by 2017 are anticipated to positively impact the overall Middle East theme parks market during the outlook period.

Ken Research announced its latest publication on “Middle East Theme Park Market Outlook to 2021 – Increasing Number of Foreign Visitors and New Theme Parks in Pipeline to Foster Future Growth” suggested a rapid growth in the Middle East Theme Park Market which is majorly driven by the tourism sector of the countries. International theme parks, improved technology and safety in the amusement parks are attracting large number of tourists, generating high revenue for the market.

Key Topics Covered in the Report:

Jordan Tourist Theme Park

Number of Visitors Theme Park

Ride Attractions in Theme Parks

Theme Park Construction in GCC

Indoor Amusement Park in Middle East

Top 5 Amusement Parks in Middle East

Middle East Theme Park

Market Growth Theme Park

Middle East first theme park

Amusement Park Rides in Middle East

Upcoming Theme Parks in Middle East

To know more, click on the link below

https://www.kenresearch.com/media-and-entertainment/gaming-and-gambling/middle-east-theme-park-market/111402-94.html

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https://www.kenresearch.com/media-and-entertainment/gaming-and-gambling/saudi-arabia-theme-park-market/110145-94.html

https://www.kenresearch.com/media-and-entertainment/gaming-and-gambling/qatar-theme-park-market/110382-94.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

Friday, June 2, 2017

Middle East Theme Park Market Outlook to 2021: Ken Research

Ken Research announced its latest publication on “Middle East Theme Park Market Outlook to 2021 – Increasing Number of Foreign Visitors and New Theme Parks in Pipeline to Foster Future Growth” provides a comprehensive analysis of the theme parks market in the Middle East. The report includes the cumulative revenue generated by the market players from theme park services in the region. The theme parks of the Middle East countries have been further explained with details on market share contributed by major investments groups in various regions of the Middle East. The stakeholders of this report include theme park market players, companies involved in manufacturing, distribution, and marketing of equipment used during theme park activities, and the new entrants and venture capitalists who wish to invest in theme park market in future. Detailed comparative analysis of major theme parks has also been provided. Various marketing analysis factors such as trends and developments and SWOT are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of the overall Middle East Theme Parks market has also been discussed along with recommendations from analyst view for all major countries.

Middle East Theme Park Market

The revenue generated by theme parks in the Middle East inclined from USD ~ million during 2014 to USD ~ million during 2016, registering a CAGR of ~% during the period 2014-2016. Effort made by the government to improve the tourism sector of the countries was the major reason responsible for driving the theme parks market in a positive manner. Augmented inflow of tourists visiting the Middle East added to the number of theme park visitors, thereby making them generate increased revenues during the review period. The theme parks market of the Middle East also grew due to the rising demand for entertainment services in the country.

Middle East Theme Park Market Segmentation

Investment by domestic and international entities in the theme parks market of Saudi Arabia made the country dominate the market with a share of ~% in the overall revenues of Middle East theme parks market in 2016. Efforts made by the Government to promote tourism in the country made Saudi Arabia witness an increased footfall in theme park visitors, which led the market in a positive manner. Al Hokair group has set up ~ indoor Family Entertainment Centers in Saudi Arabia typically under the brand “Sparky’s”, “Metropolis” and “Vortex”; which undergo continuous technical advancements to meet changing demands of customers. The group has a revenue share of ~% in the overall theme parks market of the Kingdom. Other countries in the Middle East collectively added USD ~ million to the revenues of the overall market in 2016.

As admission charges are mandatory to be paid by every individual for entering any theme park, Admissions to parks contributed ~% to the revenues generated by the market players through various sources in 2016. Major theme parks in the Middle East have well known restaurants and eateries present within their premises. The increased demand for restaurants due to growing footfall in theme parks has made this segment contribute ~% to the overall revenues of market in 2016.

The absence of online portals to book tickets in Saudi Arabia, Jordan and Qatar is the major reason responsible behind more people turning to on counter purchase of tickets. This segment led the revenues by way of admissions with a share of ~% in the overall theme parks market in 2016.

Future Outlook

The revenues generated by theme parks in the Middle East are projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. New parks set up in the countries of the Middle East are anticipated to add to the overall revenues of the market. For instance, Flow House Waterpark in Kuwait, which was launched in 2016, is expected to attract more people to the theme parks market of the country, thereby adding to the overall market revenues in the Middle East. Strategic partnerships between investment groups and global players including Warner Bros., Six Flags and SeaWorld to set up theme parks by 2020 in the UAE is expected to add to the overall revenues of the Middle East theme parks market during the outlook period.

Key Topics Covered in the Report:

Middle East Theme Parks Market Size by Revenue

GCC Theme Park Market

Investment to Set up Theme Park in the Middle East

Edutainment Park in GCC

Market Segmentation - By Type (Amusement /Water Park), and By Revenue Streams (Admissions, Food and Beverage, Merchandise and Others)

Jordan Tourist Theme Park

Middle East Water Park Market

Saudi Arabia Theme Parks Market