Children’ s Entertainment Centers Industry Size To Reach US$ 18.1 Billion by 2028, Exhibiting A Growth Rate (CAGR) of 7.95%
The latest research study by IMARC Group, “Children’s Entertainment Centers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on global children’s entertainment centers industry. The market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.95% during 2023-2028.
Children's entertainment centers represent small amusement parks or
entertainment zones that contain various recreational facilities and games to
serve several local communities. They are often associated with larger
operational hubs, including theme parks, and are marketed toward teenagers and
families. Children's entertainment centers offer various activities, such as
classic fun centers, arcades, indoor playground systems, thrilling rides, soft
play areas, and skill-based machine games. These engaging exercises develop the
social skills of kids, ensure active learning, encourage creativity by
promoting imagination, provide them an opportunity to socialize, and deliver
optimal safety and security to mitigate the risk of injuries. As a result,
children's entertainment centers are used to engage families and host several
private celebrations, including corporate events, birthday parties, and
personal accomplishment celebrations.
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Children’s Entertainment Centers Market Trends and Drivers:
The introduction of various family recreation hubs in metropolitan cities
and the shifting inclination of younger demographics toward amusement parks for
enjoyment purposes are among the primary factors driving the children's
entertainment centers market. Besides this, the emerging trend of urbanization,
the inflating disposable incomes, and the availability of several gaming
options for visitors are further augmenting the market growth. Moreover, the
integration of entry fees merchandising and food and beverage (F&B)
companies with children's entertainment centers to offer various products while
acting as main revenue-generating sources is also catalyzing the global market.
Apart from this, the introduction of virtual/artificial reality (VR/AR) gaming
options in amusement parks and the launch of three-dimensional (3D)
technologies and consoles to offer an immersive experience to players are
acting as significant growth-inducing factors. Furthermore, the rising
organization of personal events in these hubs and the utilization of various
marketing tactics, such as bonuses, gift cards, and birthday discounts, are
anticipated to propel the children's entertainment centers market over the
forecasted period.
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Children’s Entertainment Centers Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with
the detailed profiles of the key players operating in the market.
- Fun City
India (Landmark Group)
- Dave &
Buster’s Inc.
- Cinergy
Entertainment Group
- Funriders
Leisure & Amusement Pvt. Ltd.
- KidZania
S.A.P.I. de C.V.
- Lucky
Strike Entertainment
- Scene75
Entertainment Centers
- Smaaash
and The Walt Disney Company.
The report has been segmented the market into following categories:
Breakup by Visitor Demographics:
- Families
with Children (0-9)
• Families with Children (9-12)
• Teenagers (12-18)
• Young Adults (18-24)
• Adults (Ages 24+)
Breakup by Facility Size:
- Up to
5,000 Sq. Ft.
• 5,001 to 10,000 Sq. Ft.
• 10,001 to 20,000 Sq. Ft.
• 20,001 to 40,000 Sq. Ft.
• 1 to 10 Acres
• 11 to 30 Acres
• Over 30 Acres
Breakup by Revenue Source:
- Entry Fees
and Ticket Sales
• Food and Beverages
• Merchandising
• Advertisement
• Others
Breakup by Activity Area:
- Arcade
Studios
• AR and VR Gaming Zones
• Physical Play Activities
• Skill/Competition Games
• Others
By Geography:
- North
America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the
scope of the report, we can provide it to you as a part of the customization.
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