DUBLIN – (BUSINESS WIRE)–The “Saudi Arabia Entertainment And Amusement Market Forecast By Theme Park / Amusement Park, Festival, Concerts, Regions, End User, Company” Report was added to ResearchAndMarkets.com to offer.
The entertainment and entertainment market in Saudi Arabia will reach $ 1,170.72 million by the end of 2030, up from $ 23.77 million in 2020.
The entertainment and entertainment industry will grow at an astonishing annual growth rate of 47.65% over the period 2020-2030.
The entertainment industry in Saudi Arabia is growing massively. Saudi Arabia has done its best to build a unique and world-class entertainment center that includes innovative rides, cultural or historical attractions and mega sporting events.
There will also be amusement park accommodations and merchandise, which are becoming increasingly popular with visitors of all ages. The entertainment sector presents a tremendous opportunity for companies operating in this field.
The Saudi government has played a pivotal role in supporting the growth of the entertainment sector by implementing the General Authority for Entertainment (GAE), established under the umbrella of the Public Investment Fund (PIF). The introduction of a new tourist visa is expected to continue driving this market.
Even Saudi Arabia’s real estate industry remains well positioned to benefit from the growth of the kingdom’s fledgling entertainment industry. The entertainment market in Saudi Arabia includes theme parks / amusement parks, festivals and concerts, and income from other entertainment sources.
Saudi Entertainment and Amusement (SEA) Exhibition, a relaunched trade show to accelerate industry growth in the lead up to the Kingdom’s VISION 2030. The SEA will be the UK’s first professional event dedicated to the entertainment and entertainment industry. There is massive demand for theme parks and amusement parks in Saudi Arabia. In the entertainment sector, Vision 2030 aims to increase household spending on entertainment from 2.9% to 6.0%. Saudi Arabia was the amusement and entertainment market
COVID-19 Impact on the UK’s Entertainment Industry
Due to the COVID-19 pandemic, industries in Saudi Arabia have suffered lockdowns, restrictions, etc. The entertainment sector has seen a huge drop in sales due to this pandemic. To contain the coronavirus, amusement and theme parks have been closed from time to time over the past two years. According to our post-pandemic study, i.e. from 2022, the Saudi Arabia amusement market will revive.
Entertainment business opportunities
In 2019, projects like Qiddiyah were an entertainment mega-project that started in Riyadh and hosts a six-flag theme park in sports arenas, water and snow sports facilities, car tracks, cultural activity venues, and vacation homes. In December 2017, the Saudi Kingdom’s decision to lift the cinema ban opened up a wealth of opportunities for international and regional entertainment companies.
The company analysis was treated from two points of view
Recent developments and initiatives
Theme park / amusement park company
1. Al Hokair group
2. Al Othaim
3. Fakieh group
4. Jungle country
5. Saudi Aramco amusement park
Festivals and concert companies
1. E-PLUS (Event Plus)
2. Time entertainment
3. First entertainment company
4. Belle Gate
5. Squares of entertainment
Key topics covered:
2. Research methodology
4. Market dynamics
4.1 Growth drivers
5. Entertainment market in Saudi Arabia
5.1 Theme park / amusement park
5.2 Festivals and Concerts
5.3 Other sources
6. Market share analysis
6.1 Saudi Arabia theme park / amusement park
6.1.3 End users
6.2 Saudi Arabia festivals and concerts
6.2.2 End users
7. Theme park / amusement park market
7.1.1 Indoor Family Entertainment Center (FEC) market (
7.1.2 Outdoor Amusement Park Market
7.2.3 Dammam / Khobar
7.2.4 Mecca and Medina
7.2.5 Others (Jizan, Tabouk, Taif and Al Baha etc.)
7.3 End users
7.3.4 Children only
8. Festivals and concert market
8.1.3 Dammam / Khobar
8.1.4 Others (Jizan, Tabouk, Taif and Al Baha etc.)
8.2 End users
8.2.4 Children only
9. Company analysis
9.1 Theme Park / Amusement Park Companies
9.2 Festivals and concert companies
For more information on this report, see https://www.researchandmarkets.com/r/ubpuz7