MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Entertainment & Amusement Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Saudi Arabia Entertainment & Amusement Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Saudi Arabia Entertainment & Amusement Market size was valued at around USD 2.6 billion in 2024 and is projected to reach USD 4.9 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 11% during the forecast period, i.e., 2025-30. 

Key Findings in Saudi Arabia Entertainment & Amusement Market:

• Historical Analysis: 2020–2023
• Base Year: 2024
• Forecast Period: 2025–2030

Leading Market Players- Al Hokair Group, Al Othaim Entertainment, Broadway Entertainment, AMC Cinemas, Saudi Aramco Amusement Park, Saudi Entertainment and Amusement Expo (SEA Expo), Al Habtoor Group, Qiddiya Investment Company, Al Shallal Theme Park, Jungle Land Theme Park, Others

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Saudi Arabia Entertainment & Amusement Market?

Increasing Government’s Efforts to Boost the Entertainment Sector – The government of Saudi Arabia is launching numerous projects to assist the expansion of the entertainment sector. This is because the entertainment places drive the influx of more tourists which is the primary purpose of the Saudi Vision 2030. Saudi has also set up a General Entertainment Authority (GEA) that is responsible for maintaining a well-structured system and attracting local and foreign companies to become part of their entertainment sector.

Moreover, the government also provides tax reductions for the new companies as they can treat their first-year heavy expenditure as start-up expense thus reducing their taxable income. Therefore, the entertainment sector has grown in past years, and due to the vision of the government, this trend is predicted to be preserved in the future also as the kingdom aims to draw 72% of the global entertainment brands into it by 2030.

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What segments define the Saudi Arabia Entertainment & Amusement Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Entertainment Destination

• Amusement & Theme Parks- Market Size & Forecast 2020-2030, USD Million
• Cinemas & Theaters- Market Size & Forecast 2020-2030, USD Million
• Gardens & Zoos- Market Size & Forecast 2020-2030, USD Million
• Sports Fields & Arenas- Market Size & Forecast 2020-2030, USD Million
• Malls- Market Size & Forecast 2020-2030, USD Million
• Others (Gaming Centers, Aquariums, festivals, concerts, etc.)- Market Size & Forecast 2020-2030, USD Million

According to report, Based on the entertainment destination, the amusement & theme parks segment is expected to witness the highest growth in the coming years with around 52% market share.

By Source of Revenue

• Tickets- Market Size & Forecast 2020-2030, USD Million
• Food & Beverages- Market Size & Forecast 2020-2030, USD Million
• Merchandise & Retail Sales- Market Size & Forecast 2020-2030, USD Million
• Advertising & Promotions- Market Size & Forecast 2020-2030, USD Million
• Others (Gambling, parking, etc.)- Market Size & Forecast 2020-2030, USD Million

According to report, Based on the source of revenue, tickets hold a major market share of around 45%.

Explore the Complete Saudi Arabia Entertainment & Amusement Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-entertainment-amusement-market.html

Geographical Analysis: Saudi Arabia Entertainment & Amusement Market

By Region

• Riyadh
• Jeddah
• Makkah
• Dammam
• Rest of Saudi Arabia

Saudi Arabia Entertainment & Amusement Market Recent Development:

• 2024: Qiddiya Investment Company added Saudi Entertainment Ventures (SEVEN) to its group. The objective of this integration is to enhance the entertainment sector by investing around USD13.3 billion in 21 entertainment destinations across 14 cities of the kingdom.
• 2023: Al Hokair Group joined with Padel In, to open an integrated sports center for Padel Sports in Jeddah. It contains 10 playgrounds that are made according to international standards for paddle sports.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Saudi Arabia Entertainment & Amusement Market?
• How is the Saudi Arabia Entertainment & Amusement Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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