Amusement Parks & Arcades in Canada
The Amusement Parks and Arcades industry in Canada has experienced soaring growth over the five years to 2019, which has been largely driven by higher attendance to industry establishments amid a favourable economic landscape. Amusement and theme park companies operate mechanical rides, water rides, games, shows, themed exhibits, refreshment stands and other attractions for consumer entertainment. The high fixed costs associated with running such capital-intensive operations have prevented profit from widening. However, profit has remained high during the period as revenue boomed through admissions and food and beverage sales. The industry is expected to grow at a much slower rate over the five years to 2024. While disposable income is expected to increase, there is growing concern that consumer spending will likely slow.
This industry operates amusement or theme parks that host a variety of attractions, such as mechanical rides, water slides, games, shows and theme exhibits. These operators may lease space to others on a concession basis.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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