
Saudi Arabia Entertainment and Amusement Market, By Type of Entertainment Destinations (Baby Cinemas and Theatres, Amusement and Theme Parks, Gardens and Zoos, Malls, Gaming Centers, Other Entertainment Destinations); By Source of Revenue (Tickets, Food &
Description
Saudi Arabia Entertainment and Amusement Market to Cross USD 6.6 Billion by 2031
Saudi Arabia Entertainment and Amusement Market is booming primarily due to government’s initiatives for economic diversification through Vision 2030 and development of theme parks.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Entertainment and Amusement Market size by value at USD 3.35 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Entertainment and Amusement Market size to boom at a robust CAGR of 10.2%, reaching a value of USD 6.64 billion by 2031. The Entertainment and Amusement Market in Saudi Arabia is rapidly expanding, propelled by the government's Vision 2030 initiative aimed at diversifying the economy beyond oil. Key drivers include substantial investments in mega-projects like NEOM, Qiddiya, and the Red Sea Project, which are transforming the nation's infrastructure and tourism appeal. The lifting of the 35-year cinema ban and the establishment of the General Entertainment Authority have liberalized the sector, attracting both local and international players. A youthful population—over 60% under 34—with rising disposable incomes, fuels demand for diverse entertainment options, from cinemas and theme parks to esports and cultural festivals. Government incentives, including grants and tax exemptions, further stimulate private sector participation, positioning Saudi Arabia as a burgeoning global entertainment hub.
Opportunity – Growth of Tourism and International Partnerships
Saudi Arabia Entertainment and Amusement Market is experiencing significant growth, propelled by a surge in tourism and strategic international collaborations. The government's Vision 2030 initiative aims to diversify the economy, with the entertainment sector playing a pivotal role. Major projects like Qiddiya, NEOM, and the Red Sea Project are attracting global attention and investment, positioning the Kingdom as a premier entertainment destination. Hosting international events, such as the upcoming FIFA World Cup 2034 and the Olympic Esports Games 2025, further cements Saudi Arabia's commitment to becoming a global hub for entertainment and tourism.
Ticket Segment Accounts for Largest Market Share in Saudi Arabia
Ticket sales constitute the largest revenue segment in Saudi Arabia Entertainment and Amusement Market, due to the necessity of purchasing tickets to access various entertainment venues, including theme parks, cinemas, concerts, and live events. For instance, entry to Al Shallal Theme Park involves an initial fee of around USD 9.32, with additional charges for rides and activities5. Moreover, high-profile events like the Red Sea International Film Festival have ticket prices ranging from USD 40 to over USD 150, further amplifying revenue from ticket sales. The proliferation of such events, coupled with the expansion of entertainment venues, underscores the pivotal role of ticket sales in the industry's financial landscape.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Entertainment and Amusement Market
Escalating geopolitical tensions are impacting Saudi Arabia Entertainment and Amusement Market by introducing regulatory uncertainties, deterring foreign investment, and complicating international collaborations. High-profile projects like the Qiddiya entertainment city have faced delays and criticism over human rights concerns, affecting their global appeal. The conviction of animator Abdulaziz Almuzaini for past tweets has raised alarms about creative freedom, potentially discouraging local content creators. Additionally, incidents like the cancellation of the Galatasaray-Fenerbahçe match due to political disagreements highlight how regional tensions can disrupt planned events. These factors collectively pose challenges to the Kingdom's Vision 2030 goals of diversifying its economy through entertainment and tourism.
Competitive Landscape
Saudi Arabia Entertainment and Amusement Market is highly fragmented, with numerous players serving the market. Major companies dominating the market are AMC Cinemas, Six Flags, Cirque Du Soleil, IMG Artists, Broadway Entertainment, Al Shallal Theme Park, Adventure World, Atallah Happy Land Park, Al Hokair Group, Qiddiya Investment Company, and Jungle Land Theme Park. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Saudi Arabia Entertainment and Amusement Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and Saudi Arabia Entertainment and Amusement Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Entertainment and Amusement Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Saudi Arabia Entertainment and Amusement Market is booming primarily due to government’s initiatives for economic diversification through Vision 2030 and development of theme parks.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Entertainment and Amusement Market size by value at USD 3.35 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Entertainment and Amusement Market size to boom at a robust CAGR of 10.2%, reaching a value of USD 6.64 billion by 2031. The Entertainment and Amusement Market in Saudi Arabia is rapidly expanding, propelled by the government's Vision 2030 initiative aimed at diversifying the economy beyond oil. Key drivers include substantial investments in mega-projects like NEOM, Qiddiya, and the Red Sea Project, which are transforming the nation's infrastructure and tourism appeal. The lifting of the 35-year cinema ban and the establishment of the General Entertainment Authority have liberalized the sector, attracting both local and international players. A youthful population—over 60% under 34—with rising disposable incomes, fuels demand for diverse entertainment options, from cinemas and theme parks to esports and cultural festivals. Government incentives, including grants and tax exemptions, further stimulate private sector participation, positioning Saudi Arabia as a burgeoning global entertainment hub.
Opportunity – Growth of Tourism and International Partnerships
Saudi Arabia Entertainment and Amusement Market is experiencing significant growth, propelled by a surge in tourism and strategic international collaborations. The government's Vision 2030 initiative aims to diversify the economy, with the entertainment sector playing a pivotal role. Major projects like Qiddiya, NEOM, and the Red Sea Project are attracting global attention and investment, positioning the Kingdom as a premier entertainment destination. Hosting international events, such as the upcoming FIFA World Cup 2034 and the Olympic Esports Games 2025, further cements Saudi Arabia's commitment to becoming a global hub for entertainment and tourism.
Ticket Segment Accounts for Largest Market Share in Saudi Arabia
Ticket sales constitute the largest revenue segment in Saudi Arabia Entertainment and Amusement Market, due to the necessity of purchasing tickets to access various entertainment venues, including theme parks, cinemas, concerts, and live events. For instance, entry to Al Shallal Theme Park involves an initial fee of around USD 9.32, with additional charges for rides and activities5. Moreover, high-profile events like the Red Sea International Film Festival have ticket prices ranging from USD 40 to over USD 150, further amplifying revenue from ticket sales. The proliferation of such events, coupled with the expansion of entertainment venues, underscores the pivotal role of ticket sales in the industry's financial landscape.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Entertainment and Amusement Market
Escalating geopolitical tensions are impacting Saudi Arabia Entertainment and Amusement Market by introducing regulatory uncertainties, deterring foreign investment, and complicating international collaborations. High-profile projects like the Qiddiya entertainment city have faced delays and criticism over human rights concerns, affecting their global appeal. The conviction of animator Abdulaziz Almuzaini for past tweets has raised alarms about creative freedom, potentially discouraging local content creators. Additionally, incidents like the cancellation of the Galatasaray-Fenerbahçe match due to political disagreements highlight how regional tensions can disrupt planned events. These factors collectively pose challenges to the Kingdom's Vision 2030 goals of diversifying its economy through entertainment and tourism.
Competitive Landscape
Saudi Arabia Entertainment and Amusement Market is highly fragmented, with numerous players serving the market. Major companies dominating the market are AMC Cinemas, Six Flags, Cirque Du Soleil, IMG Artists, Broadway Entertainment, Al Shallal Theme Park, Adventure World, Atallah Happy Land Park, Al Hokair Group, Qiddiya Investment Company, and Jungle Land Theme Park. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Saudi Arabia Entertainment and Amusement Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and Saudi Arabia Entertainment and Amusement Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Entertainment and Amusement Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
138 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentations
- 2. Executive Summary
- 3. Saudi Arabia Entertainment and Amusement Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Government Initiatives and Vision 2030 Investments
- 3.2.1.2. Increasing Disposable Income and Consumer Spending
- 3.2.1.3. Expansion of Digital and Immersive Entertainment Experiences
- 3.2.2. Restraints
- 3.2.2.1. High Operational and Infrastructure Costs
- 3.2.2.2. Regulatory and Cultural Restrictions on Certain Entertainment Forms
- 3.2.2.3. Limited Local Talent and Industry Expertise
- 3.2.3. Opportunities
- 3.2.3.1. Growth of Tourism and International Partnerships
- 3.2.3.2. Rising Demand for Theme Parks and Family Entertainment Centers
- 3.2.4. Challenges
- 3.2.4.1. Competition from Global Entertainment Hubs
- 3.2.4.2. Economic Uncertainty and Market Fluctuations
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Entertainment and Amusement Market Strategies
- 5. Saudi Arabia Entertainment and Amusement Market: Pricing Analysis
- 6. Saudi Arabia Entertainment and Amusement Market Overview
- 6.1. Market Size & Forecast, 2019–2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type of Entertainment Destinations
- 6.2.1.1. Baby Cinemas & Theatres
- 6.2.1.2. Amusement & Theme Parks
- 6.2.1.3. Gardens & Zoos
- 6.2.1.4. Malls
- 6.2.1.5. Gaming Centers
- 6.2.1.6. Other Entertainment Destinations
- 6.2.2. By Source of Revenue
- 6.2.2.1. Tickets
- 6.2.2.2. Food & Beverages
- 6.2.2.3. Merchandise
- 6.2.2.4. Advertising
- 6.2.2.5. Other Revenue Sources
- 6.2.3. By Age Group
- 6.2.3.1. Children (0-12 years)
- 6.2.3.2. Teenagers (13-19 years)
- 6.2.3.3. Young Adults (20-35 years)
- 6.2.3.4. Middle-aged Adults (36-55 years)
- 6.2.3.5. Seniors (55+ years)
- 7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. Saudi Arabia Entertainment and Amusement Market Share Analysis, 2024
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- 8. Impact of Escalating Geopolitical Tensions on Saudi Arabia Entertainment and Amusement Market
- 9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. AMC Cinemas
- 9.2. Six Flags
- 9.3. Cirque Du Soleil
- 9.4. IMG Artists
- 9.5. Broadway Entertainment
- 9.6. Al Shallal Theme Park
- 9.7. Adventure World
- 9.8. Atallah Happy Land Park
- 9.9. Al Hokair Group
- 9.10. Qiddiya Investment Company
- 9.11. Jungle Land Theme Park
- 10. Key Strategic Recommendations
- 11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Region
- 11.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 Saudi Arabia Entertainment and Amusement Market Segmentation
- Figure 2 Saudi Arabia Entertainment and Amusement Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 Saudi Arabia Entertainment and Amusement Market Size, By Value (USD Billion), 2019–2031
- Figure 5 Saudi Arabia Entertainment and Amusement Market Share, By Type of Entertainment Destinations, By Value, 2019–2031
- Figure 6 Saudi Arabia Entertainment and Amusement Market Share, By Source of Revenue, By Value, 2019–2031
- Figure 7 Saudi Arabia Entertainment and Amusement Market Share, By Age Group, By Value, 2019–2031
- List of Tables
- Table 1 Saudi Arabia Entertainment and Amusement Market Size, By Value (USD Billion), 2019–2031
- Table 2 Saudi Arabia Entertainment and Amusement Market Size, By Type of Entertainment Destinations, By Value, 2019–2031
- Table 3 Saudi Arabia Entertainment and Amusement Market Size, By Source of Revenue, By Value, 2019–2031
- Table 4 Saudi Arabia Entertainment and Amusement Market Size, By Age Group, By Value, 2019–2031
- Table 5 AMC Cinemas Company Overview
- Table 6 AMC Cinemas Financial Overview
- Table 7 Six Flags Entertainment Corporation Company Overview
- Table 8 Six Flags Entertainment Corporation Financial Overview
- Table 9 Cirque du Soleil Entertainment Group Company Overview
- Table 10 Cirque du Soleil Entertainment Group Financial Overview
- Table 11 IMG Artists Company Overview
- Table 12 IMG Artists Financial Overview
- Table 13 Broadway Entertainment Company Overview
- Table 14 Broadway Entertainment Financial Overview
- Table 15 Al Shallal Theme Park Company Overview
- Table 16 Al Shallal Theme Park Financial Overview
- Table 17 Adventure World Company Overview
- Table 18 Adventure World Financial Overview
- Table 19 Atallah Happy Land Park Company Overview
- Table 20 Atallah Happy Land Park Financial Overview
- Table 21 Al Hokair Group Company Overview
- Table 22 Al Hokair Group Financial Overview
- Table 23 Qiddiya Investment Company: Company Overview
- Table 24 Qiddiya Investment Company Financial Overview
- Table 25 Jungle Land Theme Park Company Overview
- Table 26 Jungle Land Theme Park Financial Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.