The development of water amusement facilities closely follows the two-child policy
For entrepreneurs and investors, identifying a lucrative investment project or industry is key to making money and ensuring future growth. China’s “second child” birth policy presents significant business opportunities! This policy indicates a rise in the number of children born in the near future, with predictions suggesting a peak in 2023. As a family-oriented project, water amusement facilities are now a burgeoning sector within the leisure industry. The prospects are so promising that it’s like having a golden opportunity right before your eyes. Wouldn’t you be tempted? Consequently, the water park equipment industry is bound to accelerate its development.
From another perspective, the enduring trend of the economy lies in the health, leisure, and education sectors, which are perpetually evolving. Today, there is an industry and project that embodies this trend: the water park!
Some experts suggest that the implementation of the single two-child policy will help address the increasingly imbalanced population structure. Over the next 15 years, China’s labour force is expected to decline rapidly, and adjusting the birth policy will partially replenish the working-age population. From an industrial chain perspective, the surge in newborns will also boost the development of China’s water park industry. In recent years, the children’s amusement sector in China has seen rapid growth.
With economic development and an increase in the number of newborns, the children’s amusement industry is set to experience a golden decade. This period should be leveraged to elevate the quality, service, and innovation of water amusement facilities to new heights, attracting more investors. Currently, the growth momentum of water parks in China can be described as a “blowout”. Water parks are popular among investors due to their low investment requirements and quick return rates.
Despite economic indicators continuing to decline, the domestic appeal of water parks remains strong. People are not inclined to cut back on visits to water parks, and water park equipment will continue to evolve in line with the depth and speed of the two-child policy’s development!