Current Trends in China’s Water Park Industry
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Investing in water parks is a crucial aspect of tourism investment, experiencing rapid growth. The white paper on water parks indicates that China boasts 240 large and medium-sized water parks. If we include all types, the number approaches 400.
How does this compare to developed nations? According to incomplete statistics, the United States has approximately 800 water parks, double the number in China. However, China’s population and market size far exceed those of the United States, suggesting significant potential for Water Park Development. Nonetheless, challenges exist, such as the uneven distribution of these 400 parks, or just over 200 large and medium-sized ones, which complicates the development of water slide equipment in these parks.
The water park industry in China is still in its nascent and developmental stages. Currently, there are hundreds of water parks, with over 80% emerging in the last 6 to 16 years. In this brief period, numerous industry rules and regulations have surfaced, requiring gradual revision and perfection. Increasing domestic competition is driving every practitioner and park to make positive improvements. Additionally, the continuous introduction of international giant brands is compelling the transformation of water parks, further enhancing Water Park Development.
