NAICS 71311 - Amusement and Theme Parks
This industry comprises establishments, known as amusement or theme parks, primarily engaged in operating a variety of attractions, such as mechanical rides, water rides, games, shows, theme exhibits, refreshment stands, and picnic grounds. These establishments may lease space to others on a concession basis.
Industry trends:
The amusement and theme park industry (NAICS 71311) is currently witnessing several qualitative trends that are shaping its future. One of the prominent trends is the increasing incorporation of technology and digital experiences. Parks are leveraging virtual reality (VR) and augmented reality (AR) to create immersive experiences, enhancing customer engagement and satisfaction. These technologies are also being used to streamline operations, such as virtual queuing and contactless payment systems, contributing to efficient crowd management and improved visitor experiences.
Another significant trend is the emphasis on sustainability and eco-friendly practices. Theme parks are increasingly adopting green initiatives, such as reducing single-use plastics, implementing energy-efficient systems, and focusing on sustainable sourcing for food and merchandise. This shift is driven by both regulatory requirements and the growing consumer demand for environmentally conscious attractions.
Additionally, personalized experiences are gaining traction. Parks are utilizing data analytics to tailor experiences based on visitor preferences, creating customized itineraries, and offering personalized communication through mobile apps. This personalization enhances customer loyalty and repeat visits.
Health and safety have also become paramount, especially in the wake of the COVID-19 pandemic. Enhanced sanitation protocols, outdoor attractions, and redesigned spaces to facilitate social distancing are likely to remain integral to park operations in the near future.
Looking ahead, the industry is expected to recover steadily with an emphasis on innovation and sustainability. The integration of cutting-edge technologies and the focus on personalized, safe, and eco-friendly experiences will be key drivers in attracting and retaining visitors. As consumer confidence returns, amusement and theme parks are poised for a robust rebound.
This industry is comprised of:
Amusement parks (e.g., theme, water)
Parks (e.g., theme, water), amusement
Piers, amusement
Theme parks, amusement
Water parks, amusement
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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