Market Forecast By Rides (Mechanical Rides, Water Rides, Other Rides), By Age (Up to 18 Years, 19 to 35 Years, 36 to 50 Years, 51 to 65 Years, More than 65 Years), By Revenue Source (Ticket, Food & Beverage, Merchandise, Hotels/Resorts, Others) And Competitive Landscape
Product Code: ETC097911 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Amusement Park Market |
Forecast period | 2025-2031 |
CAGR | 7.8% |
Growing Sector | Entertainment, Tourism |
The Bangladesh Amusement Park Market report thoroughly covers the market by Ride, Age, and Revenue Source. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers that would help stakeholders devise and align their strategies according to the current and future market dynamics.
The Bangladesh amusement park market is expanding due to the growing middle-class population and increasing disposable income. The rising preference for recreational activities, family outings, and tourism development initiatives contribute to market growth. Furthermore, investments in theme parks, water parks, and adventure parks by private and public stakeholders fuel the sector. However, challenges such as high maintenance costs, seasonal dependency, and safety regulations hinder market expansion. Despite these obstacles, technological advancements in rides, virtual reality experiences, and the emergence of new entertainment concepts provide opportunities for market players to innovate and attract a larger audience.
According to 6Wresearch, the Bangladesh Amusement Park Market revenue is expected to grow significantly at a CAGR of 7.8% during the forecast period 2025-2031. The amusement park industry in Bangladesh is witnessing significant growth due to increasing urbanization, rising disposable incomes, and a growing middle-class keen on leisure and entertainment. These factors act as major drivers, promoting the development of both small and large-scale amusement parks across the country. Additionally, technological advancements in rides and attractions, along with awareness of global amusement trends, have driven operators to invest in modern facilities that appeal to both local and international visitors.
Infrastructure limitations, such as inadequate transportation networks and inconsistent electricity supply, can hinder efficient operations. Furthermore, seasonal demand fluctuations, with higher footfall during holidays and festivals, put pressure on businesses to maintain consistent revenue throughout the year. Additionally, ensuring stringent safety standards and compliance with government regulations remains a significant concern for operators striving to build trust and attract repeat visitors. Addressing these challenges is crucial for sustaining growth in this dynamic sector.
The growing interest in themed amusement parks is driven by the younger population and family-oriented outings. The inclusion of unique attractions, interactive experiences, and international-standard rides has increased visitor engagement, making these parks a preferred choice for entertainment.
Amusement parks in Bangladesh are incorporating advanced technologies such as VR and AR experiences to enhance customer engagement. These attractions provide immersive experiences that appeal to tech-savvy visitors, boosting the market's innovation-driven growth.
Given Bangladesh's tropical climate, water parks and adventure parks have gained immense popularity. The demand for such parks has led to increased investments in wave pools, slides, and adventure-based activities, catering to both local visitors and tourists.
With rising disposable income and growing urbanization, there is significant potential for developing large-scale amusement parks. Investors can benefit from government incentives and infrastructure support to establish world-class entertainment hubs.
Investments in modernizing rides, incorporating AI-driven safety features, and improving ride efficiency present lucrative opportunities for stakeholders. Innovative attractions increase customer retention and park footfall.
Collaborating with international entertainment companies can help amusement parks introduce branded attractions, themed zones, and franchise-based entertainment models, increasing visitor interest and market expansion.
Prominent players in the Bangladesh amusement park market include Fantasy Kingdom, Nandan Park, Foy's Lake Amusement World, and Shishu Park. These companies focus on enhancing customer experience, expanding their offerings, and improving safety standards to attract a broader audience.
Government regulations in the Bangladesh amusement park market ensure safety, operational standards, and environmental compliance. Authorities have implemented guidelines on ride inspections, emergency response systems, and licensing procedures. Additionally, efforts to enhance tourism infrastructure and support amusement park development have led to regulatory frameworks encouraging private sector participation and foreign investments.
The Bangladesh amusement park market is poised for significant growth, driven by increasing demand for recreational activities and tourism development. Advancements in ride technologies, introduction of themed attractions, and collaborations with global brands will shape the industry's future. Moreover, the rise in disposable income and expanding urban centers will lead to a higher influx of visitors, ensuring sustained market growth. The focus on sustainability and eco-friendly amusement park designs will also emerge as a key trend in the industry.
The amusement park market in Bangladesh has seen significant growth in recent years, with water rides becoming a major attraction for visitors. Parks such as Fantasy Kingdom and Nandan Park have introduced a variety of water-based attractions, including wave pools, water slides, and lazy rivers, catering to families and thrill-seekers alike. These rides not only provide entertainment but also serve as a refreshing escape during the warm summer months. With increasing demand for innovative and safe water attractions, amusement parks are investing in modern technologies and adhering to global safety standards to enhance the overall visitor experience.
The 19 to 35-year-old demographic plays a significant role in the Bangladesh amusement park market. This age group, consisting largely of young professionals, students, and newlyweds, tends to favor thrilling and adventurous attractions such as roller coasters, VR experiences, and water slides. They are also drawn to live performances, food courts, and themed events, making amusement parks a popular destination for socializing and leisure. To cater to this segment, parks have started incorporating trendy concepts like digital gaming zones, photo-worthy spots for social media, and nighttime entertainment options, ensuring a dynamic and vibrant experience for young adults.
Ticket pricing in the Bangladesh amusement park market is a critical factor influencing visitor numbers and overall revenue. Parks often adopt a tiered pricing strategy, offering various packages such as general admission, family passes, and seasonal memberships. Discounts for students, corporate groups, and special occasions are commonly provided to attract a broader audience. Additionally, some parks have introduced dynamic pricing models, where ticket rates vary based on peak and off-peak timings, helping to balance crowd flow and maximize profitability. Transparent pricing combined with value-added services, such as loyalty programs and bundled offers, plays a key role in building a loyal customer base while ensuring accessibility for diverse income groups.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Amusement park Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Amusement park Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Amusement park Market - Industry Life Cycle |
3.4 Bangladesh Amusement park Market - Porter's Five Forces |
3.5 Bangladesh Amusement park Market Revenues & Volume Share, By Rides, 2021 & 2031F |
3.6 Bangladesh Amusement park Market Revenues & Volume Share, By Age, 2021 & 2031F |
3.7 Bangladesh Amusement park Market Revenues & Volume Share, By Revenue Source, 2021 & 2031F |
4 Bangladesh Amusement park Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Amusement park Market Trends |
6 Bangladesh Amusement park Market, By Types |
6.1 Bangladesh Amusement park Market, By Rides |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Amusement park Market Revenues & Volume, By Rides, 2021 - 2031F |
6.1.3 Bangladesh Amusement park Market Revenues & Volume, By Mechanical Rides, 2021 - 2031F |
6.1.4 Bangladesh Amusement park Market Revenues & Volume, By Water Rides, 2021 - 2031F |
6.1.5 Bangladesh Amusement park Market Revenues & Volume, By Other Rides, 2021 - 2031F |
6.2 Bangladesh Amusement park Market, By Age |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Amusement park Market Revenues & Volume, By Up to 18 Years, 2021 - 2031F |
6.2.3 Bangladesh Amusement park Market Revenues & Volume, By 19 to 35 Years, 2021 - 2031F |
6.2.4 Bangladesh Amusement park Market Revenues & Volume, By 36 to 50 Years, 2021 - 2031F |
6.2.5 Bangladesh Amusement park Market Revenues & Volume, By 51 to 65 Years, 2021 - 2031F |
6.2.6 Bangladesh Amusement park Market Revenues & Volume, By More than 65 Years, 2021 - 2031F |
6.3 Bangladesh Amusement park Market, By Revenue Source |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Amusement park Market Revenues & Volume, By Ticket, 2021 - 2031F |
6.3.3 Bangladesh Amusement park Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.3.4 Bangladesh Amusement park Market Revenues & Volume, By Merchandise, 2021 - 2031F |
6.3.5 Bangladesh Amusement park Market Revenues & Volume, By Hotels/Resorts, 2021 - 2031F |
6.3.6 Bangladesh Amusement park Market Revenues & Volume, By Others, 2021 - 2031F |
7 Bangladesh Amusement park Market Import-Export Trade Statistics |
7.1 Bangladesh Amusement park Market Export to Major Countries |
7.2 Bangladesh Amusement park Market Imports from Major Countries |
8 Bangladesh Amusement park Market Key Performance Indicators |
9 Bangladesh Amusement park Market - Opportunity Assessment |
9.1 Bangladesh Amusement park Market Opportunity Assessment, By Rides, 2021 & 2031F |
9.2 Bangladesh Amusement park Market Opportunity Assessment, By Age, 2021 & 2031F |
9.3 Bangladesh Amusement park Market Opportunity Assessment, By Revenue Source, 2021 & 2031F |
10 Bangladesh Amusement park Market - Competitive Landscape |
10.1 Bangladesh Amusement park Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Amusement park Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |