PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535586
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535586
Water Parks Market Size - By Attraction Type (Water Slides, Lazy Rivers and Wave Pools, Splash pads, Cabanas and Relaxation Areas), By Revenue Source (Tickets, Food & Beverage, Merchandise, Hotel & Resorts), By Age Group & Forecast, 2024 - 2032
Global Water Parks Market will witness over 8% CAGR between 2024 and 2032 due to ongoing modifications and additions in major parks. As water parks strive to attract diverse audiences and enhance visitor experiences, they are increasingly investing in innovative attractions and upgrades. New features such as high-speed slides, wave pools, lazy rivers, and interactive play areas are becoming standard, catering to families, thrill-seekers, and all age groups.
For instance, in July 2024, MSC World America announced that it is transforming into a floating theme park, with MSC Cruises revealing a range of new attractions within The Harbour - an innovative outdoor park. Situated in the Family Aventura district of MSC World America, The Harbour featured a water park, an 11-deck dry slide, the Cliffhanger thrill ride, a ropes course, a themed playground, and new food and beverage options.
Additionally, enhancements in technology, such as improved water filtration systems and safety measures, are driving demand for modernized parks. These expansions and updates not only draw more visitors but also extend the seasonality of parks by offering year-round attractions. As parks continue to evolve, the water parks market is set for sustained expansion and increased consumer engagement.
The overall Water Parks Industry value is classified based on the attraction type, revenue source, age group, and region.
Based on revenue source, the water parks market revenue from the food and beverage segment will register a commendable CAGR from 2024 to 2032. Modern water parks are enhancing their appeal by incorporating a variety of dining options, from casual snacks to gourmet meals, catering to different tastes and preferences. The inclusion of themed restaurants, specialty food stalls, and convenient refreshment stands contributes to the park's attractiveness, making it a more comprehensive leisure destination. As a result, water parks are seeing higher attendance and revenue growth, driven by their expanded culinary amenities.
In terms of attraction type, the splash pads segment will witness appreciable growth from 2024 to 2032. These interactive water play areas, designed for young children and families, offer a safe and engaging environment with features like water jets, fountains, and spraying devices. Splash pads enhance the appeal of water parks by providing a low-maintenance, cost-effective attraction that caters to younger audiences. As water parks incorporate more splash pads, they attract a wider range of visitors, boosting overall attendance and enhancing the park experience. This trend significantly contributes to the expansion and revenue growth of the water parks market.
Europe water parks market will exhibit a notable CAGR from 2024 to 2032. European consumers are seeking diverse and immersive experiences, driving the expansion of water parks across the region. Attractions such as wave pools, water slides, and themed play areas are becoming popular as they offer entertainment and relaxation for all ages. Additionally, the integration of wellness features, such as spa areas and lazy rivers, enhances the appeal. As the European tourism sector recovers and expands, water parks are positioned to attract more visitors, contributing to the market growth and vitality.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Equipment manufacturers
- 3.2.2 Technology providers
- 3.2.3 Food and beverage suppliers
- 3.2.4 Merchandise suppliers
- 3.2.5 End users
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Rising disposable incomes fuel leisure spending growth
- 3.8.1.2 Urbanization increases demand for local entertainment options
- 3.8.1.3 Technological innovations enhance ride experiences and safety
- 3.8.1.4 Growing tourism boosts demand for popular destinations
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Seasonal fluctuations create revenue challenges
- 3.8.2.2 High operational costs impact profitability margins
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Attraction Type 2021 - 2032 ($Bn, Number of Visitors)
- 5.1 Key trends
- 5.2 Water slides
- 5.3 Lazy rivers and wave pools
- 5.4 Splash pads
- 5.5 Cabanas and relaxation areas
Chapter 6 Market Estimates & Forecast, By Age Group, 2021 - 2032 ($Bn, Number of Visitors)
- 6.1 Key trends
- 6.2 Up to 18 years
- 6.3 19-35 years
- 6.4 36-50 years
- 6.5 51-65 years
- 6.6 Above 65 years
Chapter 7 Market Estimates & Forecast, By Revenue Source, 2021 - 2032 ($Bn)
- 7.1 Key trends
- 7.2 Tickets
- 7.3 Food & beverage
- 7.4 Merchandise
- 7.5 Hotel & resorts
- 7.6 Others
Chapter 8 Market Estimates & Forecast, By Region, 2021 - 2032 ($Bn, Number of Visitors)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 China
- 8.3.2 India
- 8.3.3 Japan
- 8.3.4 South Korea
- 8.3.5 Australia
- 8.3.6 Singapore
- 8.3.7 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Singapore
- 8.4.7 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 UAE
- 8.6.2 South Africa
- 8.6.3 Saudi Arabia
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 Aquatica
- 9.2 Aquaventure Waterpark
- 9.3 Atlantis Paradise Island
- 9.4 Beach Park
- 9.5 Blackpool Pleasure Beach
- 9.6 Caribbean Bay
- 9.7 Disney's Blizzard Beach Water Parks
- 9.8 Disney's Typhoon Lagoon Water Parks
- 9.9 Europa-Park
- 9.10 Hot Park
- 9.11 NBCUniversal
- 9.12 Sandcastle Waterpark
- 9.13 Schlitterbahn Waterparks and Resorts
- 9.14 Siam Park
- 9.15 Sunway Lagoon
- 9.16 Village Roadshow Theme Parks
- 9.17 Waterbom Bali
- 9.18 Watercube Waterpark
- 9.19 Wet'n'Wild Water Parkss
- 9.20 Wild Wadi Waterpark
