National Parks & Other Nature Institutions - Industry Market Research Report
Description
National Parks & Other Nature Institutions - Industry Market Research Report
National Parks & Other Nature Institutions
The National and State Parks industry has suffered over the five years to 2019 from growing federal and state budget deficits, which have led to inadequate, or in some years reduced, funding for parks, wildlife sanctuaries and other industry services. While some sites have been forced to close due to eroding funds, others have earned revenue by enacting entrance fees, raising existing entrance fees or offering vendor contracts to offset lower budgets. Still, this industry is heavily dependent on investment from public sources and private donors. As a result, over the five years to 2019, IBISWorld expects industry revenue will increase. Over the five years to 2024, the industry is forecast to continue its sluggish growth. However, rising income levels are expected to enable Americans to increasingly travel throughout the country, helping drive foot traffic to parks.
The National Parks and Other Nature Institutions industry includes operators engaged in the preservation and exhibition of natural areas or settings. Operators include national parks, wildlife sanctuaries, natural wonder tourist attractions and other similar institutions. Industry revenue is based on park-generated revenue and excludes state and city parks, zoos and botanical gardens.
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.
National Parks & Other Nature Institutions
The National and State Parks industry has suffered over the five years to 2019 from growing federal and state budget deficits, which have led to inadequate, or in some years reduced, funding for parks, wildlife sanctuaries and other industry services. While some sites have been forced to close due to eroding funds, others have earned revenue by enacting entrance fees, raising existing entrance fees or offering vendor contracts to offset lower budgets. Still, this industry is heavily dependent on investment from public sources and private donors. As a result, over the five years to 2019, IBISWorld expects industry revenue will increase. Over the five years to 2024, the industry is forecast to continue its sluggish growth. However, rising income levels are expected to enable Americans to increasingly travel throughout the country, helping drive foot traffic to parks.
The National Parks and Other Nature Institutions industry includes operators engaged in the preservation and exhibition of natural areas or settings. Operators include national parks, wildlife sanctuaries, natural wonder tourist attractions and other similar institutions. Industry revenue is based on park-generated revenue and excludes state and city parks, zoos and botanical gardens.
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.
MAJOR COMPANIES
National Park Service
National Park Service
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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