The Animal theme park is estimated to reach a valuation of US$ 83.5 Bn in 2022. Sales are projected to increase at a 5.59% CAGR, with the market size reaching US$ 143.16 Bn by 2032.
Social media platforms like YouTube, Instagram, Facebook, Snapchat etc. are being used effectively to advertise Animal theme parks and they are hence seeing a lot of visitors. Also animal lovers who have the urge to learn about new animals, extinct animals and also some unknown animals are trying to visit more and more animal theme parks around the world.
Every industry in this word has been criticized in some way or the other. The Animal Theme Park is criticized by animal activists because of how animals are ill-treated while performing some acts, how sea mammals are trapped inside aquariums and are not free to be in their natural habitats.
“The Animal Theme Parks industry is expanding globally because of the rise in animal lover worldwide. “- Says an FMI analyst.
Request a Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3598
Key Takeaways:
- Ocean animal theme parks are the most visited animal theme parks globally. There has been a rise in recent years because of the urge to learn more about the marine life. But animal activists are protesting because the sea animals are enclosed in cages and aquariums.
- The online booking segment has contributed majorly to the Animal Theme Park. It is due to the rise in digital marketing, discounts available etc.
- More number of adults are booking tickets to visit the Animal Theme Park. Mostly adults who love animals, and want to learn more about the animal and sea world.
- Animal Theme Parks attract domestic and international tourists equally. They have a lot of tourist attractions like amusement rides, different and some regional dishes, merchandise, overnight stay in the theme parks etc.
Impact of COVID-19 on the Animal theme park
The COVID-19 epidemic struck in 2020 just as the big theme park firms were all off to excellent starts. This caused profits to drastically decline. As theme parks all around the world were forced to stop permanently due to the coronavirus outbreak, initially positive trends in attendance and income suddenly turned into significant losses. The objective of the theme park industry will no longer be to draw as many visitors as possible and make the best use of available space due to the COVID-19 pandemic.
The covid-19 pandemic saw a rise in domestic tourists visiting the Animal Theme Parks because there were international travel bans. The concept of staycation became very popular and hence, in turn saw a rise in footfall to Animal Theme parks.
Who is winning?
Leading players of the animal theme park are focusing on sustainability of the nature, wellness of the animals and promoting their theme parks.
Major players present in the loyalty programs in the tourism sector market are Disney’s Animal Kingdom, Busch Gardens Tampa Bay, Chessington World of Adventures, Happy Hollow Park and Zoo, Aquatica, Sea World, Jerusalem Biblical Zoo, Bronx Zoo, Indianapolis Zoo, Night Safari, Jurong Bird Park, York’s Wild Kingdom, Warrawong Sanctuary, Bhindawas Wild Life Sanctuary, Bhimashankar, Elephant Nature Park among others.
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-3598
The Animal Theme Parks Overview by Category
By Type:
- Ocean Animal Theme Parks
- Terrestrial Animal Theme Parks
By Application:
- Children
- Adult
By Revenue Model:
- Ticket
- Food & Beverage
- Merchandise
- Hotels/Resorts
- Others
By Booking Channel:
- Phone Booking
- Online Booking
- In Person Booking
By Tourist Type:
- Domestic
- International
Read Related Reports@
https://www.diigo.com/user/komalsah/b/643168039
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs