APAC Museums, Historical Sites, Zoos, And Parks Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 24.93 Billion |
| Market Size (2029) | USD 52.06 Billion |
| CAGR (2024 - 2029) | 15.88 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Museums, Historical Sites, Zoos, And Parks Market Analysis
The APAC Museums, Historical Sites, Zoos, And Parks Market size is estimated at USD 24.93 billion in 2024, and is expected to reach USD 52.06 billion by 2029, growing at a CAGR of 15.88% during the forecast period (2024-2029).
The Asia-Pacific region attracts a significant number of domestic and international tourists, driving demand for cultural and recreational attractions such as museums, historical sites, zoos, and parks. The rapid economic development of countries such as China, India and Southeast Asian countries has resulted in a rise in disposable income and spending on leisure activities, boosting the tourism and entertainment sectors.
The rich cultural heritage of many countries in the Asia-Pacific region, including ancient civilizations, historical landmarks, and diverse wildlife, provides a strong foundation for the development of museums, historical sites, zoos, and parks.
Government investment in tourism infrastructure, conservation efforts, and cultural preservation projects plays a significant role in the development and maintenance of museums, historical sites, zoos, and parks. Urbanization trends in the Asia-Pacific region have led to increased demand for recreational spaces and cultural attractions in urban areas, driving the development of museums, parks, and other leisure facilities. Changing demographics, including an aging population and the rise of the middle class, influence visitor demographics and preferences, prompting attractions to adapt their offerings and marketing strategies accordingly.
Overall, the Asia-Pacific market for museums, historical sites, zoos, and parks is characterized by growth opportunities driven by tourism, economic development, cultural heritage, government support, and technological advancements.
APAC Museums, Historical Sites, Zoos, And Parks Market Trends
Rise in the Number of National Parks and Digitalized Experiences is Driving the Market
Asia is a continent where people enjoy this in several ways like trekking and driving. Many museums, zoos, art galleries, and other cultural and art institutions in the Asia Pacific region have implemented digital technologies for better development. Asia Pacific museums adopt digitization, 3D modeling, AR, and virtual reality technologies so visitors can go to the treasures online anytime and anywhere. The Aigner Anna Zoological Park in Chennai was the first in India to start live-streaming animals. It has a live stream of 14 species, including tigers, lions, and hippos. There are 180 cameras installed in the zoo and animal enclosures.
Rise in the Number of Museums and Visitors in China is Driving the Market
China’s culture and history is interesting. Almost 24 million people visit the National Museum in Beijing, Shanghai, Nanjing, and Zhejiang. Numerous museums across China have artistic and cultural goods, such as mystery boxes with an archaeological theme. Collectors can dig through some boxes containing a soil sample and a miniature cultural artifact using little shovels and other instruments to attract youth.
APAC Museums, Historical Sites, Zoos, And Parks Industry Overview
The Asia-Pacific museums, historical sites, zoos, and parks market are expected to be concentrated with the presence of a large number of players. Some of the major players present in the market are the Hiroshima Peace Memorial Museum, City Palace Museum Udaipur India, Buddha Tooth Relic Temple and Museum, The Museum of Qin Terra-cotta Warriors and Horses, and the National Museum of China, among others. The market is expected to remain competitive over the forecasted period.
APAC Museums, Historical Sites, Zoos, And Parks Market Leaders
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Hiroshima Peace Memorial Museum
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City Palace Museum Udaipur India
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Buddha Tooth Relic Temple and Museum
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National Museum of China
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Alipore Zoo, India
*Disclaimer: Major Players sorted in no particular order
APAC Museums, Historical Sites, Zoos, And Parks Market News
- July 2023: The Robot & AI Museum in Seoul (South Korea) is expected to see the opening. It is the very first Asian museum dedicated to the science of robotics. It has created a four-story cultural center where visitors can discover artificial intelligence and robotics exhibitions in a 7,400-square-meter space.
- February 2023: The Museum of Art and Photography (MAP) opened physically for the public in Bengaluru for the first time, with 60,000 artworks ranging from classical art to popular culture on display across four exhibitions at the museum.
- August 2022: The state cabinet of Lucknow, India, approved the proposal for a zoological garden and a night safari park in the Kukrail forest of Lucknow. As per the proposal, the 2027.4-hectare forest area in Kukrail was to have a zoological garden and a night safari park which was expected to be ready by the end of 2023.
APAC Museums, Historical Sites, Zoos, And Parks Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Popularity of Museums, Historical Sites, Zoos and Park is driving the Market Growth
4.2.2 Digitalized Experiences is Driving the Market
4.3 Market Restraints
4.3.1 Distinct institutional cultures and values
4.3.2 Adapting to the changes in technology is tough for the Institutions
4.4 Opportunities
4.4.1 Use of AI in the Museums, Historical Sites, Zoos, and Park
4.4.2 Packaged Tourism with different offers.
4.5 Value Chain Analysis
4.6 Industry Attractiveness: Porter's Five Forces Analysis
4.6.1 Bargaining Power of Buyers
4.6.2 Bargaining Power of Suppliers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into Technological Advancements in the Industry
4.8 Insights on Various Regulatory Trends Shaping the Market
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Museums
5.1.2 Historical Sites
5.1.3 Zoos And Botanical Gardens
5.1.4 Nature Parks
5.1.5 Other Similar Institutions
5.2 By Revenue Source
5.2.1 Tickets
5.2.2 Food And Beverages
5.2.3 Other Revenue Souces
5.3 By Country
5.3.1 Japan
5.3.2 China
5.3.3 India
5.3.4 Singapore
5.3.5 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Hiroshima Peace Memorial Museum
6.2.2 City Palace Museum Udaipur India
6.2.3 Buddha Tooth Relic Temple and Museum
6.2.4 The Museum of Qin Terra-cotta Warriors and Horses
6.2.5 National Museum of China
6.2.6 Arignar Anna Zoological Park, India
6.2.7 Sri Venkateswara Zoological Park, India
6.2.8 Safari World (Thailand)
6.2.9 Singapore Zoo
6.2.10 Alipore Zoo in Kolkata, India
6.2.11 Surabaya Zoo (Indonesia)
6.2.12 Borobudur in Central Java, Indonesia
6.2.13 Taj Mahal in Uttar Pradesh, India
6.2.14 Great Wall of China in Qinhuangdao/Beijing, China*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
APAC Museums, Historical Sites, Zoos, And Parks Industry Segmentation
A museum is where many one-of-a-kind and priceless goods, like historical artifacts or pieces of art, are maintained, examined, and presented to the general public. An official location where artifacts from social, political, or military history have been preserved for cultural heritage purposes is a historic site or heritage site. A zoo is a collection of wild animals kept in a park or garden for research, conservation, or public display. In contrast, a national park is a government-designated area for environmental preservation. The museums, historical sites, zoos, and parks report will cover insights into the world's museums, historical sites, zoos, and parks sector, drivers, and market restraints. The report will also cover information on some of the major players active in the region.
Asia-Pacific museums, historical sites, zoos, and parks are segmented by type, by revenue source, by geography. By type, the market is sub-segmented into museums, historical sites, zoos and botanical gardens, nature parks, and other similar institutions. By revenue source, the market is sub-segmented into tickets, food and beverages, and other revenue sources, and by geography Japan, China, India, Singapore, and the rest of Asia-Pacific. The market sizes and forecasts for Asia-Pacific museums, historical sites, zoos, and parks are provided in value (USD) for all the above segments.
| By Type | |
| Museums | |
| Historical Sites | |
| Zoos And Botanical Gardens | |
| Nature Parks | |
| Other Similar Institutions |
| By Revenue Source | |
| Tickets | |
| Food And Beverages | |
| Other Revenue Souces |
| By Country | |
| Japan | |
| China | |
| India | |
| Singapore | |
| Rest of Asia-Pacific |
APAC Museums, Historical Sites, Zoos, And Parks Market Research Faqs
How big is the APAC Museums, Historical Sites, Zoos, And Parks Market?
The APAC Museums, Historical Sites, Zoos, And Parks Market size is expected to reach USD 24.93 billion in 2024 and grow at a CAGR of 15.88% to reach USD 52.06 billion by 2029.
What is the current APAC Museums, Historical Sites, Zoos, And Parks Market size?
In 2024, the APAC Museums, Historical Sites, Zoos, And Parks Market size is expected to reach USD 24.93 billion.
Who are the key players in APAC Museums, Historical Sites, Zoos, And Parks Market?
Hiroshima Peace Memorial Museum, City Palace Museum Udaipur India, Buddha Tooth Relic Temple and Museum, National Museum of China and Alipore Zoo, India are the major companies operating in the APAC Museums, Historical Sites, Zoos, And Parks Market.
What years does this APAC Museums, Historical Sites, Zoos, And Parks Market cover, and what was the market size in 2023?
In 2023, the APAC Museums, Historical Sites, Zoos, And Parks Market size was estimated at USD 20.97 billion. The report covers the APAC Museums, Historical Sites, Zoos, And Parks Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the APAC Museums, Historical Sites, Zoos, And Parks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Museums, Historical Sites, Zoos, And Parks Industry Report
Statistics for the 2024 APAC Museums, Historical Sites, Zoos, And Parks market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. APAC Museums, Historical Sites, Zoos, And Parks analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
