Product Code: ETC228626 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia amusement park equipment market has been growing steadily due to increasing disposable incomes and a rising interest in leisure activities. The market includes a wide range of products such as rides, attractions, and gaming systems. Continued urbanization and tourism contribute to the growth of amusement parks, enhancing the demand for quality equipment and experiences. Innovative technologies, safety standards, and creative designs will play a crucial role in shaping the future of this market.
The Malaysia amusement park equipment market is on the rise due to the country`s efforts to promote tourism and entertainment. The government`s investment in the development of amusement parks and theme parks has spurred the demand for a wide range of equipment, including rides, games, and attractions. Moreover, the growing middle-class population`s willingness to spend on leisure activities and family entertainment has contributed to the market`s expansion.
The Malaysia amusement park equipment market faces several challenges. Economic downturns can lead to reduced consumer spending on leisure activities, impacting the demand for amusement park equipment. Safety and regulatory compliance are paramount concerns, and ensuring the safety of park visitors remains a top challenge for operators. Additionally, keeping attractions fresh and appealing to changing consumer preferences requires continual investment and innovation. Lastly, the COVID-19 pandemic highlighted the vulnerability of the industry to external factors like health crises, adding an extra layer of uncertainty.
The COVID-19 pandemic has had a profound impact on various markets in Malaysia, including the amusement park equipment market. With lockdowns and restrictions in place, amusement parks faced significant challenges in terms of visitor numbers and revenue. Many parks had to temporarily shut down or limit their operations, leading to a sharp decline in the demand for new amusement park equipment. In addition, concerns about virus transmission led to changes in park design and operation, with a focus on social distancing and hygiene measures. As a result, suppliers of amusement park equipment had to adapt to these new requirements by offering solutions that catered to safety and sanitation needs. While the market experienced a setback during the pandemic, there is potential for recovery as restrictions are lifted and consumer confidence improves.
In the amusement park equipment market, some key players in Malaysia include Berjaya Corporation Berhad, Sim Leisure Group Ltd., and ZHONG HUA INTERNATIONAL HOLDINGS LTD. These companies are known for their contributions to the development and operation of amusement parks and their supply of equipment and services within the industry.
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 Malaysia Amusement Park Equipment Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Amusement Park Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Amusement Park Equipment Market - Industry Life Cycle |
3.4 Malaysia Amusement Park Equipment Market - Porter's Five Forces |
3.5 Malaysia Amusement Park Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Amusement Park Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Amusement Park Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Amusement Park Equipment Market Trends |
6 Malaysia Amusement Park Equipment Market, By Types |
6.1 Malaysia Amusement Park Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Amusement Park Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Amusement Park Equipment Market Revenues & Volume, By Water Slides, 2021-2031F |
6.1.4 Malaysia Amusement Park Equipment Market Revenues & Volume, By Water House, 2021-2031F |
6.1.5 Malaysia Amusement Park Equipment Market Revenues & Volume, By Wave Generating Equipment, 2021-2031F |
6.1.6 Malaysia Amusement Park Equipment Market Revenues & Volume, By Other, 2021-2031F |
6.2 Malaysia Amusement Park Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Amusement Park Equipment Market Revenues & Volume, By Indoor Water Park, 2021-2031F |
6.2.3 Malaysia Amusement Park Equipment Market Revenues & Volume, By Outdoor Water Park, 2021-2031F |
7 Malaysia Amusement Park Equipment Market Import-Export Trade Statistics |
7.1 Malaysia Amusement Park Equipment Market Export to Major Countries |
7.2 Malaysia Amusement Park Equipment Market Imports from Major Countries |
8 Malaysia Amusement Park Equipment Market Key Performance Indicators |
9 Malaysia Amusement Park Equipment Market - Opportunity Assessment |
9.1 Malaysia Amusement Park Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Amusement Park Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Amusement Park Equipment Market - Competitive Landscape |
10.1 Malaysia Amusement Park Equipment Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Amusement Park Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |