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$ 4 33 Billion growth expected in Global Agritourism Market | Rising Popularity of Instant Bookings to boost growth
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$ 4 33 Billion growth expected in Global Agritourism Market | Rising Popularity of Instant Bookings to boost growth
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
NEW YORK, May 12, 2021 /PRNewswire/ The global amusement park market by type (tickets, hospitality, merchandising, and others) and geography (North America, APAC, Europe, South America, and MEA) has been added to Technavio s offering. The global amusement park market is expected to grow by USD 3.28 billion, at a CAGR of almost 3% during 2021-2025.
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The steady rise in COVID-19 cases in 2020 resulted in the shutdown of various commercial spaces and parks. The pandemic also reduced the number of tourist footfalls, which negatively impacted the market growth. However, the market is expected to recover in 2021 as many countries across the region have started rolling out vaccines, which is resulting in a decline in the number of COVID-19. This is expected to result in an increased footfall in amusement parks, thereby fueling the market growth.
Health and Wellness Market by Product and Geography - Forecast and Analysis 2020-2024
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bayer AG, Brunswick Corp., Core Health & Fitness LLC, Danone SA, EVOLVE Brands LLC, General Mills Inc., Johnson Health Tech Co. Ltd., Nestlé SA, PepsiCo Inc., and The Procter & Gamble Co. are some of the major market participants. The increasing emphasis on health and wellness will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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