Product Code: ETC097905 | 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 | |
Malaysia Amusement Park market currently, in 2023, has witnessed an HHI of 2134, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The amusement park industry in Malaysia is valued at close to RM7 billion (USD1.7 billion). This sector has seen strong demand over recent years due to increasing disposable incomes and rising tourism numbers into the country. Moreover, these parks have become increasingly popular among locals too, partly due to strong promotional campaigns by operators such as Sunway Lagoon and Legoland Malaysia Resort.
The amusement park market in Malaysia is poised for growth as the tourism industry rebounds and consumer spending on leisure and entertainment increases. Malaysia is a popular tourist destination, attracting visitors from around the world. The country`s diverse amusement parks, theme parks, and water parks offer a wide range of attractions for families and tourists. The increasing disposable income, the promotion of domestic tourism, and the introduction of innovative and immersive experiences in amusement parks will drive the market`s growth.
The amusement park market in Malaysia faces challenges concerning the impact of the COVID-19 pandemic on the tourism industry. The restrictions on travel and social gatherings during the pandemic have significantly affected the amusement park sector. Moreover, the market might face challenges in attracting visitors in the post-pandemic period due to lingering safety concerns. Market players must implement stringent health and safety measures and offer innovative attractions and experiences to regain visitor confidence.
The amusement park market in Malaysia was significantly impacted by the COVID-19 pandemic. The closure of amusement parks and restrictions on gatherings led to a drastic decline in visitor numbers and revenue loss for the industry. The sector faced challenges in implementing health and safety measures and adapting to new operating protocols. As vaccination rates increase and restrictions ease, the market is expected to gradually recover, although it may take time to regain pre-pandemic levels of attendance.
The Malaysia amusement park market is projected to experience substantial growth in the forecast period. Key players in this market include major amusement park operators and developers, such as FunWorld Parks, JoyLand Entertainment, and AdventureZone Resorts. These companies are known for their attractive theme park offerings and are likely to capitalize on the growing demand for entertainment and leisure activities in the country.
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 Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Amusement park Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Amusement park Market - Industry Life Cycle |
3.4 Malaysia Amusement park Market - Porter's Five Forces |
3.5 Malaysia Amusement park Market Revenues & Volume Share, By Rides, 2021 & 2031F |
3.6 Malaysia Amusement park Market Revenues & Volume Share, By Age, 2021 & 2031F |
3.7 Malaysia Amusement park Market Revenues & Volume Share, By Revenue Source, 2021 & 2031F |
4 Malaysia Amusement park Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Amusement park Market Trends |
6 Malaysia Amusement park Market, By Types |
6.1 Malaysia Amusement park Market, By Rides |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Amusement park Market Revenues & Volume, By Rides, 2021-2031F |
6.1.3 Malaysia Amusement park Market Revenues & Volume, By Mechanical Rides, 2021-2031F |
6.1.4 Malaysia Amusement park Market Revenues & Volume, By Water Rides, 2021-2031F |
6.1.5 Malaysia Amusement park Market Revenues & Volume, By Other Rides, 2021-2031F |
6.2 Malaysia Amusement park Market, By Age |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Amusement park Market Revenues & Volume, By Up to 18 Years, 2021-2031F |
6.2.3 Malaysia Amusement park Market Revenues & Volume, By 19 to 35 Years, 2021-2031F |
6.2.4 Malaysia Amusement park Market Revenues & Volume, By 36 to 50 Years, 2021-2031F |
6.2.5 Malaysia Amusement park Market Revenues & Volume, By 51 to 65 Years, 2021-2031F |
6.2.6 Malaysia Amusement park Market Revenues & Volume, By More than 65 Years, 2021-2031F |
6.3 Malaysia Amusement park Market, By Revenue Source |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Amusement park Market Revenues & Volume, By Ticket, 2021-2031F |
6.3.3 Malaysia Amusement park Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.4 Malaysia Amusement park Market Revenues & Volume, By Merchandise, 2021-2031F |
6.3.5 Malaysia Amusement park Market Revenues & Volume, By Hotels/Resorts, 2021-2031F |
6.3.6 Malaysia Amusement park Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Amusement park Market Import-Export Trade Statistics |
7.1 Malaysia Amusement park Market Export to Major Countries |
7.2 Malaysia Amusement park Market Imports from Major Countries |
8 Malaysia Amusement park Market Key Performance Indicators |
9 Malaysia Amusement park Market - Opportunity Assessment |
9.1 Malaysia Amusement park Market Opportunity Assessment, By Rides, 2021 & 2031F |
9.2 Malaysia Amusement park Market Opportunity Assessment, By Age, 2021 & 2031F |
9.3 Malaysia Amusement park Market Opportunity Assessment, By Revenue Source, 2021 & 2031F |
10 Malaysia Amusement park Market - Competitive Landscape |
10.1 Malaysia Amusement park Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Amusement park Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |