Market Research Reports - Ken Research Middle East Theme Park Market Future Outlook

Hi-tech developments in entertainment to boost the theme parks market in Middle East The Middle East government is making efforts to increased tourism which is the key factor for the growth in theme parks. Investments by international players are expected to fuel the Middle East Theme Parks market over the coming years. It was observed that there is a continuing inflow of tourists which is shaping the Middle East theme parks along with a favourable investment and climate. Annual international events are usually organized in Middle East which is increasing the diversity of theme parks. Modernised theme parks have enhanced the stay of tourists with increasing supply of hotel rooms at a reduced price and had positive impact on the tourism sector. According to the study “Middle East Theme Park Market Outlook to 2021 – Increasing Number of Foreign Visitors and New Theme Parks in Pipeline to Foster Future Growth”, every individual entering any theme park in Middle East need to pay an admission fee which generates huge revenue. Well established restaurants and eateries are present within the theme parks to cater to the increasing tourists needs which generate huge revenue. Middle East theme parks are designed with international standards, improved technology and safety which are attracting huge number of tourists. Saudi Arabia theme park market dominates the Middle East theme park market with a huge share in terms of revenue in the recent years with increase in tourists and this trend is ongoing. The theme parks market is spread across UAE, Saudi Arabia, Qatar, Jordan and Kuwait regions in the Middle East. Sparky’s, Metropolis and Vortex are indoor family entertainment centres in Middle East theme parks which undergo technological upgrades regularly to meet the changing demands of customers. Flow House Waterpark in Kuwait was launched in September 2016 and attracts more tourists to the theme parks market in this region. Warner Bros amusement park in UAE and Kidzmondo theme parks in Saudi Arabia are yet to be launched by the end of the year, 2017. These two theme parks are anticipated to positively impact the overall Middle East theme parks market over the coming years. The leading players in the Middle East theme parks market are Abha Palace Theme Park, Adventureland, Al Hokair Group, Al Hokair Land, Al Shallal Theme Park, Aqua Park, Aquaventure, Atallah Happy Land Park, Bollywood Parks, Circus Land, City Center, Doha Toys Town, Dreamland Aqua Park, DXB