Covid-19 Impact on Family Indoor Entertainment Centers Market:
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Family Indoor Entertainment Centers Market Overview
Family indoor entertainment centers (FECs) are the family-oriented entertainment regions based in interiors of complex, specially designed for the providing amusement to the individuals of the all age-groups. FECs are majorly based in city-hubs, for the local communities, with the far less per-person expenditure, than the traditional amusement parks. FECs can keep entire family involved with diversity of amusement options such as video games, arcades, soft play areas, machine games, kid’s rides, games based on VR and AR technology as well as the indoor playground arrangements. Also family-oriented entertainment, also organize group-events, including celebration of the birthday parties, or the hosting corporate events.
Family Indoor Entertainment Centers Market Segment Overview
Global family indoor entertainment centers market is thriving due to its obviously designed interior that amuses whole family of all age groups, that too at sensible ticket fares. In addition, factors augmenting family indoor entertainment centers market development are; surge in per-capita throwaway income, technical evolution in gaming sector, growth of commercial infrastructures, expanded gaming, and the entertainment options, as well as increase in integration of food and beverages in entertainment zones.
Though, factors such as the higher adoption of the smart gadgets and the high-resolution gaming devices, smart phones, high wealth investments in establishing FECs, as well as growing rates of ticket fares are accountable for hampering family indoor entertainment centers market growth throughout the forecast period. Furthermore, consistently growing demand for the new entertainment activities, development of the new amusement parks with the participatory play secondary family activities, as well as growing investments by malls in the family-oriented entertaining zones, are to deliver avenues for the growth of global family indoor entertainment centers market in coming future.
Family Indoor Entertainment Centers Regional Overview
North America region is anticipated to dominate global family indoor entertainment centers market through forecast period, accounting for highest market shares. This is attributed to factors such as developed adoption of the AI & IoT technologies with advanced gaming created on VR, AR and 3D technologies. Also, well-established organization and presence of the key market players are to boost family indoor entertainment centers market development throughout forecast period.
Asia-Pacific region is predictable to witness substantial growing in family indoor entertainment centers market, accounted for highest CAGR value, owed to expansions of the commercial malls, growing investments in the FECs as well as upsurge in per-capita disposable incomes. Furthermore, family-oriented participating play and attractive interiors for the young population, are expected to propel market growth in the region.
Family Indoor Entertainment Centers Market Competitor overview
The major players are various retaining strategies such as mergers, acquisition, mechanical collaboration, capacity expansion, joint ventures, to gain stronger position in the global family indoor entertainment centers market. Such as, in Jul 2019, the Scene 75 bought previous Macy’s at the Tuttle Crossing for over USD 3 million, to open the indoor amusement park. Firm has put in almost USD 15 million to renovate two floors into the family entertainment center which shall be one of largest in United States.
Furthermore, Walt Disney Company lately declared its 2021 entertaining line-up for Walt Disney Resort, created in United States.
Family Indoor Entertainment Centers Market Key Players
1. Walt Disney Company
2. KidZania
3. Dave & Buster’s
4. Smaaash Entertainment Pvt. Ltd.
5. FunCity
6. CEC Entertainment, Inc.
7. Lucky Strike Entertainment
8. Cinergy Entertainment
9. LEGOLAND Discovery Center
10. Scene 75 Entertainment Centers
Family Indoor Entertainment Centers Market Segmentation
Family Indoor Entertainment Centers Market, By Visitors
Family Indoor Entertainment Centers Market, By Revenue Source
Family Indoor Entertainment Centers Market, By Application
Family Indoor Entertainment Centers Market, By Type
Family Indoor Entertainment Centers market, By Region:
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Family Indoor Entertainment Centers Market Overview
Family indoor entertainment centers (FECs) are the family-oriented entertainment regions based in interiors of complex, specially designed for the providing amusement to the individuals of the all age-groups. FECs are majorly based in city-hubs, for the local communities, with the far less per-person expenditure, than the traditional amusement parks. FECs can keep entire family involved with diversity of amusement options such as video games, arcades, soft play areas, machine games, kid’s rides, games based on VR and AR technology as well as the indoor playground arrangements. Also family-oriented entertainment, also organize group-events, including celebration of the birthday parties, or the hosting corporate events.
Family Indoor Entertainment Centers Market Segment Overview
Global family indoor entertainment centers market is thriving due to its obviously designed interior that amuses whole family of all age groups, that too at sensible ticket fares. In addition, factors augmenting family indoor entertainment centers market development are; surge in per-capita throwaway income, technical evolution in gaming sector, growth of commercial infrastructures, expanded gaming, and the entertainment options, as well as increase in integration of food and beverages in entertainment zones.
Though, factors such as the higher adoption of the smart gadgets and the high-resolution gaming devices, smart phones, high wealth investments in establishing FECs, as well as growing rates of ticket fares are accountable for hampering family indoor entertainment centers market growth throughout the forecast period. Furthermore, consistently growing demand for the new entertainment activities, development of the new amusement parks with the participatory play secondary family activities, as well as growing investments by malls in the family-oriented entertaining zones, are to deliver avenues for the growth of global family indoor entertainment centers market in coming future.
Family Indoor Entertainment Centers Regional Overview
North America region is anticipated to dominate global family indoor entertainment centers market through forecast period, accounting for highest market shares. This is attributed to factors such as developed adoption of the AI & IoT technologies with advanced gaming created on VR, AR and 3D technologies. Also, well-established organization and presence of the key market players are to boost family indoor entertainment centers market development throughout forecast period.
Asia-Pacific region is predictable to witness substantial growing in family indoor entertainment centers market, accounted for highest CAGR value, owed to expansions of the commercial malls, growing investments in the FECs as well as upsurge in per-capita disposable incomes. Furthermore, family-oriented participating play and attractive interiors for the young population, are expected to propel market growth in the region.
Family Indoor Entertainment Centers Market Competitor overview
The major players are various retaining strategies such as mergers, acquisition, mechanical collaboration, capacity expansion, joint ventures, to gain stronger position in the global family indoor entertainment centers market. Such as, in Jul 2019, the Scene 75 bought previous Macy’s at the Tuttle Crossing for over USD 3 million, to open the indoor amusement park. Firm has put in almost USD 15 million to renovate two floors into the family entertainment center which shall be one of largest in United States.
Furthermore, Walt Disney Company lately declared its 2021 entertaining line-up for Walt Disney Resort, created in United States.
Family Indoor Entertainment Centers Market Key Players
1. Walt Disney Company
2. KidZania
3. Dave & Buster’s
4. Smaaash Entertainment Pvt. Ltd.
5. FunCity
6. CEC Entertainment, Inc.
7. Lucky Strike Entertainment
8. Cinergy Entertainment
9. LEGOLAND Discovery Center
10. Scene 75 Entertainment Centers
Family Indoor Entertainment Centers Market Segmentation
Family Indoor Entertainment Centers Market, By Visitors
· Families with Children (0-8)
· Families with Children (9-12)
· Teenagers (13-19)
· Young adults (20-25)
· Adults (Ages 25+)
Family Indoor Entertainment Centers Market, By Revenue Source
· Entry Fees & Ticket Sales
· Food & Beverages
· Merchandising
· Advertisement
· Others
Family Indoor Entertainment Centers Market, By Application
· Arcade Studios
· AR and VR Gaming Zones
· Physical Play Activities
· Skill/Competition Games
· Others
Family Indoor Entertainment Centers Market, By Type
· Children’s Entertainment Centers (CECs)
· Children’s Edutainment Centers (CEDCs)
· Adult Entertainment Centers (AECs)
· Location-based VR Entertainment Centers (LBECs)
Family Indoor Entertainment Centers market, By Region:
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
Family Indoor Entertainment Centers Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Family Indoor Entertainment Centers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Family Indoor Entertainment Centers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Family Indoor Entertainment Centers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Family Indoor Entertainment Centers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Family Indoor Entertainment Centers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Family Indoor Entertainment Centers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
