A water park is an amusement park that features water play areas, such as swimming pools, water slides, splash pads, spray grounds (water playgrounds), lazy rivers, or other recreational bathing, swimming, and barefooting environments.
Water parks in more current states of development may also be equipped with some type of artificial surfing or body boarding environment such as a wave pool or Flow Rider.
Now the water park is the good idea of amusement. It is very good assets created by human being to enjoy the natural scenery artificially, if situated near by forest or hilly area. Amusement water parks generally feature a few water rides, such as the log flume, bumper boats, and rowing boats. Such rides are usually gentler and shorter than roller coasters and many are suitable for all ages.
Water rides are especially popular on hot days. Amusement water parks generally feature a few water rides, such as the log flume, bumper boats, and rowing boats. Such rides are usually gentler and shorter than roller coasters and many are suitable for all ages. Water rides are especially popular on hot days. The industry can be broadly categorised into amusement parks, theme parks and water parks. The sector can also be broadly segmented on the basis of the catchment area that they cater to, along with the type and scale of activities they offer.
Global amusement parks can also be classified on the basis of the concepts and themes around which a park/ offering is designed such as thrill & adventure, sports & edutainment, amongst a few. Every year the industry is seeing 15-20 percent growth in the sector – be it expansion of existing parks or the setting up of new ones. The Industry has been growing at a compounded annual growth rate (CAGR) of more than 17.5 percent with annual revenue of approx.Sixty-six percent of the population is below 35 years, with the median age of 27 years driving consumption. Younger consumers have high spending power and are open to experiment with newer places and forms of entertainment.
The water park industry has shown continued growth in 2014 with increased numbers of indoor and outdoor water parks being developed throughout the United States and Canada. Our projections for 2022 show a number of new openings will occur throughout North America, which will boost the supply of water parks and increase revenues for this growing industry. There are over 800 amusement parks worldwide with annual attendance of over 700m visitors. The US alone has 50% of the parks and annual visitors. Europe has ~330 amusement parks with annual visits of 165m. Parks in the US and Europe are near maturity levels, whereas Asia has seen rapid growth in visitors in the last seven years.
This document is helpful to guide how to start a water park and give you an idea of how much it costs for a whole project. It is based on a project in China and provides detailed digits.
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