Market Outlook
According to this report, the children’s entertainment centres market size reached a value of USD 12 billion in 2023. Aided by the increasing demand for recreational and educational activities for children and the growing applications of entertainment centres in various urban and suburban settings, the market is projected to further grow at a CAGR of 8.1% between 2024 and 2032 to reach a value of USD 24.33 billion by 2032.Children’s entertainment centres (CECs) are specialised facilities designed to provide fun, engaging, and educational activities for children. These centres often include attractions such as indoor playgrounds, arcades, amusement rides, and themed entertainment zones. The key benefits of children’s entertainment centres include their ability to promote physical activity, social interaction, and cognitive development in a safe and controlled environment.
The increasing consumer preference for recreational and educational activities for children is driving the children’s entertainment centres market growth. With the growing awareness of the importance of play in child development, there has been a significant shift towards using children’s entertainment centres, leading to a surge in demand. Additionally, the rising trend of urbanisation and the growing disposable incomes have further contributed to the increasing popularity of children’s entertainment centres, as parents seek safe and engaging environments for their children to play and learn.
The expanding applications of children’s entertainment centres in various urban and suburban settings also play a significant role in propelling the market. In urban areas, children’s entertainment centres provide a much-needed space for children to engage in physical activities and social interactions, addressing the lack of open play areas in densely populated cities. In suburban areas, children’s entertainment centres serve as community hubs where families can gather for recreation and socialisation. Moreover, children’s entertainment centres are increasingly being integrated into shopping malls, resorts, and mixed-use developments, enhancing their accessibility and appeal.
Further, the growing focus on themed and specialised entertainment centres has led to the development of children’s entertainment centres with unique themes and interactive attractions. These innovations have significantly improved the appeal of children’s entertainment centres, making them more attractive to children and parents alike. This trend is expected to boost the children’s entertainment centres market expansion in the coming years, consequently driving up the children’s entertainment centres market share.
The increasing awareness of the importance of play in child development is a significant driver of the market. Play is recognised as a crucial aspect of childhood, contributing to cognitive, social, and emotional growth. Parents and educators are increasingly seeking environments that provide structured and unstructured play opportunities, leading to a growing demand for children’s entertainment centres.
The integration of children’s entertainment centres with shopping malls, resorts, and mixed-use developments is driving the demand for children’s entertainment centres. These integrated developments enhance the accessibility and appeal of children’s entertainment centres, attracting more visitors and increasing foot traffic. The strategic location of children’s entertainment centres in these developments also provides convenience for families, supporting the growth of the market.
As per the children’s entertainment centres market analysis, arcade studios include children’s entertainment centres with arcade games and electronic entertainment. The demand for arcade studios is driven by their appeal to older children and their focus on interactive play.
Market Segmentation
The market can be divided based on revenue source, activity area, visitor demographics, and region.Market Breakup by Revenue Source
- Entry Fees and Ticket Sales
- Food and Beverages
- Merchandising
- Advertisement
- Others
Market Breakup by Activity Area
- Physical Play Activities
- Arcade Studios
- Skill/Competition Games
- AR and VR Gaming Zones
- Others
Market Breakup by Visitor Demographics
- Families with Children (0-9)
- Families with Children (9-12)
- Teenagers (12-18)
- Young Adults (18-24)
- Adults (Ages 24+)
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Europe
Competitive landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global children’s entertainment centres market. some of the major players explored in the report are as follows:- The Walt Disney Company
- Lego A/S
- Dave and Buster’s, Inc.
- Landmark Group (Fun City)
- Funriders Leisure & Amusement Pvt. Ltd.
- KidZania S.A.P.I. de C.V.
- Scene75 Entertainment Centres
- Smaaash Entertainment Private Limited
- CEC Entertainment Concepts, L.P.
- Lucky Strike Entertainment, LLC
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market16 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Children’s Entertainment Centers Market Analysis
9 North America Children’s Entertainment Centers Market Analysis
10 Europe Children’s Entertainment Centers Market Analysis
11 Asia Pacific Children’s Entertainment Centers Market Analysis
12 Latin America Children’s Entertainment Centers Market Analysis
13 Middle East and Africa Children’s Entertainment Centers Market Analysis
14 Market Dynamics
15 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- The Walt Disney Company
- Lego A/S
- Dave and Buster’s, Inc.
- Landmark Group (Fun City)
- Funriders Leisure & Amusement Pvt. Ltd.
- KidZania S.A.P.I. de C.V.
- Scene75 Entertainment Centres
- Smaaash Entertainment Private Limited
- CEC Entertainment Concepts, L.P.
- Lucky Strike Entertainment, LLC
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 180 |
Published | June 2024 |
Forecast Period | 2024 - 2032 |
Estimated Market Value ( USD | $ 13.05 Billion |
Forecasted Market Value ( USD | $ 24.33 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |