Middle East Theme Park Market Outlook to 2021 - Increasing Number of Foreign Visitors and New Theme Parks in Pipeline to Foster Future Growth
Region:Middle East
Product Code:KR489
May 2017
180
About the Report
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
- Investment to Set up Theme Park in the Middle East
- Market Segmentation - By Type (Amusement /Water Park), and By Revenue Streams (Admissions, Food and Beverage, Merchandise and Others)
- UAE Theme Parks Market
- Saudi Arabia Theme Parks Market
- Qatar Theme Parks Market
- Snapshot on Jordan Theme Parks Market
- Snapshot on Kuwait Theme Parks Market
- Future Outlook for the Middle East Theme Parks Market
Products
Amusement Park, Theme Park, Water Park, Animation Park, Family Entertainment Centers, Edutainment Parks
Companies
Al Hokair Group, Atallah Happy Land Park, Fakieh Group, Jungle Land, Al Hokair Land, Happyland Water Park, Atallah Happy Land Park, Al Shallal Theme Park, Jungle Land, Abha Palace Theme Park, Star City, Luna Park, King Fahd Park, Fantasia Land, HappyLand, Majid Al Futtaim, Al Hokair Group, DXB Entertainment, Ferari World, World of Adventure, Legoland Dubai, Adventureland, Dreamland Aqua Park, Fantasy Island, Motiongate, Bollywood Parks, Wild Wadi, Legoland Waterpark, Yas Waterworld, Aquaventure, Iceland Water Park and Fun City, Gondolania, City Center, Circus Land, Jungle Zone, Fun Ville, Doha Toys Town, Funday, Aqua Park, Funville
Table of Contents
1. Executive Summary
Market Potential
Market Segmentation
Saudi Arabia Theme Parks Market
UAE Theme Parks Market
Qatar Theme Parks Market
Jordan Theme Parks Market
Kuwait Theme Parks Market
Future Outlook
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Sizing and Modeling
Consolidated Research Approach
Market Sizing – Saudi Arabia, UAE and Rest of Middle East Theme Parks Market
Market Sizing – Qatar, Jordan and Kuwait Theme Parks Market
Limitations
3. Middle East Theme Parks Market By Revenues, 2014-2016
4. Middle East Theme Parks Market Segmentation
4.1. By Revenue Streams (Admission, Food and Beverage, Merchandise, Royalty from Shop Owners and Others) on the basis of Revenue, 2016
4.2. By Admissions (Walk-ins, Online, Tour Operators and Others) on the basis of Revenue, 2016
4.3. By Countries (UAE, Saudi Arabia, Qatar, Jordan, Kuwait and Rest of Middle East) on the basis of Revenue, 2014-2016
5. Investment to Set up a Theme Park in the Middle East
6. UAE Theme Parks Market
6.1. UAE Theme Parks Market Size By Revenue, 2014-2016
6.2. UAE Theme Parks Market Segmentation
6.2.1. By Type (Amusement Park and Water Park), on the basis of Revenue, 2016
6.2.2. By Revenue Streams (Admissions, Food and Beverage, Merchandise and Others) on the basis of Revenue, 2016
By Admission (Online, Walk-ins, Tour Operators, and Others) on the basis of Revenue, 2016
6.3. Customer Profile in the UAE Theme Parks Market
6.4. SWOT Analysis for the UAE Theme Parks Market
6.5. Trends and Developments in the UAE Theme Parks Market
Technological Advancement in the UAE Theme Parks
Multi-Park Tickets, Inclusive Packages and Seasonal Discounts
Inception of Themed Parks to Cater Cultural Diversity
6.6. Pre-Requisites to Purchase Land in the UAE
6.7. Competitive Landscape of Major Players in the UAE Theme Parks Market
6.7.1. Market Share of Investment Groups
6.7.2. Company Profiles of Major Investment Groups
Miral Asset Management
Ilyas and Mustafa Galadari (IMG) Group
Landmark Group
Majid Al Futtaim Holdings
Financial Performance
Al Hokair Group
Financial Performance
DXB Entertainment PJSC
Financial Performance
6.7.3. Comparative Analysis of Major Theme Parks in the UAE
6.8. Future Outlook for the UAE Theme Parks Market
6.9. Analyst Recommendation
6.10. Macro-Economic Factors Impacting the UAE Theme Parks Market
6.10.1. GDP Per Capita in the UAE, 2014-2021
6.10.2. Number of Tourists in the UAE, 2014-2021
6.10.3. Urban Population in the UAE, 2014-2021
6.10.4. Youth Population in UAE, 2014-2021
7. Saudi Arabia Theme Parks Market
7.1. Saudi Arabia Theme Parks Market Size by Revenue, 2014 – 2016
7.2. Saudi Arabia Theme Parks Market Segmentation
7.2.1. By Type (Amusement Park and Water Park), on the basis of Revenue, 2016
7.2.2. By Revenue Streams (Admissions, Food and Beverages, Merchandise, Royalty from Shop Owners and Others) on the Basis of Revenue, 2016
By Admissions (Walk-ins, Tour Operators and Others) on the Basis of Revenue, 2016
7.3. Customer Profile in Saudi Arabia Theme Parks Market
7.4. SWOT Analysis for Saudi Arabia Theme Parks Market
7.5. Trends and Developments in Saudi Arabia Theme Parks Market
7.5.1. Increasing Number of Indoor Theme Parks
7.5.2. Growing International Franchisee Agreements
7.5.3. Expanding Female Customer Base
7.6. Pre-Requisites to Purchase Land in Saudi Arabia
7.7. Competitive Landscape of Major Players in Saudi Arabia Theme Parks Market
7.7.1. Market Share of Major Investment Groups
7.7.2. Company Profile of Major Market Players
Al Hokair Group
Financial Performance
Fakieh Group
7.7.3. Comparative Analysis of Major Theme Parks in Saudi Arabia
7.8. Future Outlook for Saudi Arabia Theme Parks Market
7.9. Analyst Recommendations
7.10. Macroeconomic Factors Impacting the Saudi Arabia Theme Parks Market
7.10.1. GDP Per Capita in Saudi Arabia, 2014 - 2021
7.10.2. Youth Population in Saudi Arabia, 2014 - 2021
7.10.3. Number of Tourists in Saudi Arabia, 2014 - 2021
7.10.4. Urban Population in Saudi Arabia, 2014 - 2021
8. Qatar Theme Parks Market
8.1. Qatar Theme Parks Market Size by Revenue, 2014-2016
8.2. Qatar Theme Parks Market Segmentation
8.2.1. By Type (Amusement Parks and Water Parks) on the basis of Revenue, 2016
8.2.2. By Revenue Streams (Admissions, Food and Beverages, Merchandise, Royalty from Shop Owners, and Others) on the basis of Revenue, 2016
By Admissions (Walk-ins, Tour Operators and Others) on the basis of Revenue, 2016
8.3. Customer Profile of Qatar Theme Parks Market
8.4. SWOT Analysis of Qatar Theme Parks Market
8.5. Trends and Development in Qatar Theme Parks Market
Increasing Focus on Indoor Theme Parks and Family Entertainment Centers
Development of Theme Park Resorts and Edutainment Parks
Strategic Location of Theme Parks in Qatar
Introduction of Movie Based Theme Parks
8.6. Pre-Requisites to Purchase Land in Qatar
8.7. Competitive Landscape of Major Theme Parks in Qatar
8.7.1. Market Share of Major Theme Parks
8.7.2. Comparative Analysis of Major Theme Parks in Qatar
8.8. Future Outlook for Qatar Theme Parks Market
8.9. Analyst Recommendation
8.10. Macroeconomic Factors Impacting Qatar Theme Parks Market
8.10.1. GDP Per Capita in Qatar, 2014-2021
8.10.2. Youth Population in Qatar, 2014-2021
8.10.3. Number of Tourists in Qatar, 2014-2021
9. Snapshot on Jordan Theme Parks Market
9.1. Jordan Theme Parks Market Size by Revenue, 2014-2016
9.2. Jordan Theme Parks Market Segmentation
9.2.1. By Type (Amusement Park and Theme Park) on the Basis of Revenue, 2016
9.2.2. By Revenue Streams (Admissions, Food and Beverages, Merchandise and Others) on the Basis of Revenue, 2016
9.2.3. By Admissions (Walk-ins, Tour Operators and Others) on the Basis of Revenue, 2016
9.3. Customer Profile for Jordan Theme Parks Market
9.4. Competitive Landscape for Major Players in Jordan Theme Parks Market
9.4.1. Market Share of Major Theme Parks on the Basis of Revenue Through Admissions, 2016
9.4.2. Comparative Analysis of Major Theme Parks in Jordan
9.5. Future Outlook for Jordan Theme Parks Market
10. Snapshot on Kuwait Theme Parks Market
10.1. Kuwait Theme Park Market Size by Revenue, 2014-2016
10.2. Kuwait Theme Parks Market Segmentation
10.2.1. By Type (Amusement Park and Water Park) on the Basis of Revenue, 2016
10.2.2. By Revenue Streams (Admissions, Food and Beverages, Merchandise and Others) on the Basis of Revenue, 2016
10.2.3. By Admissions (Online, Walk-ins, Tour Operators and Others) on the Basis of Revenue, 2016
10.3. Customer Profile of Kuwait Theme Parks Market
10.4. Competitive Landscape for Major Players in Kuwait Theme Parks Market
10.4.1. Market Share of Major Theme Parks on the Basis of Revenue Generated Through Admissions, 2016
10.4.2. Comparative Analysis of Major Amusement Parks
10.5. Future Outlook for Kuwait Theme Parks Market
11. Middle East Theme Parks Market Future Outlook and Projections
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