The Amusement Parks and Arcades industry is on a roller-coaster ride influenced by the challenging economic circumstances, the Queensland floods and heavy discounting in the past five years. Consumer spending is under pressure from high housing costs, while competition from substitute entertainment industries is putting pressure on operators in this industry and reducing margins and profit.
The industry is sensitive to factors that cause changes to domestic entertainment spending and international visitor arrivals. Due to a number of significant adverse influences on household disposable income growth, industry demand has weakened in the past few years.
Amusement or theme parks offer attractions such as mechanical rides, water slides, games, shows and theme exhibits, and also lease venue space for other businesses to operate attractions or provide services (such as selling food) on a concession basis. Amusement arcades, centres or parlours are permanently located within a venue and offer many coin-operated games, such as pinball. Similar firms operate a limited number of amusement machines and rides in shopping centres and fairgrounds.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.