Product Code: ETC097920 | 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 | |
Qatar Amusement Park market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. 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 generated revenues worth about QR 810 million (USD 221 Million) during 2018 with an annual growth rate of 2%. It?s expected that due to new parks opening up like `Motion Gate` ? Dubai Parks & Resorts theme park which opened its gates recently will further push up this figure significantly during next couple of years due to increased tourist inflow into country leading more people towards these recreational facilities. Additionally, government initiatives such as Qatar Tourism Authority`s ?Summer in Qatar? initiative have helped boost visitation numbers by offering discounted prices for entry ticket rates during peak season periods. Furthermore, there are plans for new additions and expansions at existing facilities over the coming years that could further increase visitor numbers and overall spending within this industry.
The Qatar amusement park market is expected to flourish due to the country`s growing tourism and entertainment sector. As Qatar aims to diversify its economy and attract visitors, the development of world-class entertainment facilities becomes crucial. The demand for family-friendly destinations and leisure activities contributes to the growth of amusement parks. Qatar efforts to host major international events also drive the need for captivating entertainment options, fostering the growth of the amusement park market.
The Qatar amusement park market could face challenges related to seasonality, as extreme temperatures during certain months might affect visitor numbers. Maintaining a balance between providing entertainment, safety, and cultural sensitivities is also important. The initial and operational costs of amusement parks can be substantial, requiring prudent investment strategies. Adapting to changing consumer preferences and delivering novel experiences while addressing these concerns will be key to the sustained success of amusement parks in Qatar.
The COVID-19 pandemic significantly impacted the Qatar amusement park market as public gatherings and entertainment venues were restricted. Amusement parks faced closures and reduced footfall, leading to revenue losses. As restrictions eased, parks adopted safety measures and introduced new protocols to regain consumer trust. The market slowly recovered with a focus on providing safe and enjoyable experiences, although challenges from the pandemic`s effects persisted.
Several international players have established their presence in Qatar, including Six Flags Entertainment Corporation, Dreamworks Animation LLC, ViacomCable Networks International Group (CNIG), Walt Disney Parks & Resorts Middle East Ltd. , Warner Bros. Entertainment Inc. , and Universal Studios-Middle East Division (USME). These companies are responsible for operating some of the most popular attractions within the country such as Doha Festival City Mall`s 5D Cinema, Aspire Park`s Ski Dubai Snow Park, Lagoona Mall`s Magic Planet Family Entertainment Center, Villaggio Mall`s Gondolania Theme Park and Aqua Park Qatar.
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 Qatar Amusement park Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Amusement park Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Amusement park Market - Industry Life Cycle |
3.4 Qatar Amusement park Market - Porter's Five Forces |
3.5 Qatar Amusement park Market Revenues & Volume Share, By Rides, 2021 & 2031F |
3.6 Qatar Amusement park Market Revenues & Volume Share, By Age, 2021 & 2031F |
3.7 Qatar Amusement park Market Revenues & Volume Share, By Revenue Source, 2021 & 2031F |
4 Qatar Amusement park Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Amusement park Market Trends |
6 Qatar Amusement park Market, By Types |
6.1 Qatar Amusement park Market, By Rides |
6.1.1 Overview and Analysis |
6.1.2 Qatar Amusement park Market Revenues & Volume, By Rides, 2021-2031F |
6.1.3 Qatar Amusement park Market Revenues & Volume, By Mechanical Rides, 2021-2031F |
6.1.4 Qatar Amusement park Market Revenues & Volume, By Water Rides, 2021-2031F |
6.1.5 Qatar Amusement park Market Revenues & Volume, By Other Rides, 2021-2031F |
6.2 Qatar Amusement park Market, By Age |
6.2.1 Overview and Analysis |
6.2.2 Qatar Amusement park Market Revenues & Volume, By Up to 18 Years, 2021-2031F |
6.2.3 Qatar Amusement park Market Revenues & Volume, By 19 to 35 Years, 2021-2031F |
6.2.4 Qatar Amusement park Market Revenues & Volume, By 36 to 50 Years, 2021-2031F |
6.2.5 Qatar Amusement park Market Revenues & Volume, By 51 to 65 Years, 2021-2031F |
6.2.6 Qatar Amusement park Market Revenues & Volume, By More than 65 Years, 2021-2031F |
6.3 Qatar Amusement park Market, By Revenue Source |
6.3.1 Overview and Analysis |
6.3.2 Qatar Amusement park Market Revenues & Volume, By Ticket, 2021-2031F |
6.3.3 Qatar Amusement park Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.4 Qatar Amusement park Market Revenues & Volume, By Merchandise, 2021-2031F |
6.3.5 Qatar Amusement park Market Revenues & Volume, By Hotels/Resorts, 2021-2031F |
6.3.6 Qatar Amusement park Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Amusement park Market Import-Export Trade Statistics |
7.1 Qatar Amusement park Market Export to Major Countries |
7.2 Qatar Amusement park Market Imports from Major Countries |
8 Qatar Amusement park Market Key Performance Indicators |
9 Qatar Amusement park Market - Opportunity Assessment |
9.1 Qatar Amusement park Market Opportunity Assessment, By Rides, 2021 & 2031F |
9.2 Qatar Amusement park Market Opportunity Assessment, By Age, 2021 & 2031F |
9.3 Qatar Amusement park Market Opportunity Assessment, By Revenue Source, 2021 & 2031F |
10 Qatar Amusement park Market - Competitive Landscape |
10.1 Qatar Amusement park Market Revenue Share, By Companies, 2024 |
10.2 Qatar Amusement park Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |