Investing in an amusement park project in Qatar represents a promising investment opportunity in 2022, particularly in light of Qatar National Vision 2030, which aims to advance the national economy, strengthen the foundations of the non-oil economy, create a balance between the economic and social systems, and achieve environmental conservation principles.
What is an entertainment arcade?
The entertainment arcade includes billiard and snooker tables, a bowling hall, as well as a variety of other electronic games that incorporate artificial intelligence technologies and interactive play methods suitable for different age groups, including children and youth. Young men and women are among the primary target groups for the diverse entertainment services offered by the arcade.
Global data indicates that the size of the global billiards and snooker tables market is expected to grow by 5.4% during the period from 2022 to 2028. International economic reports confirm that the market value of billiards and snooker tables will reach $782.8 million USD by 2026.
In 2020, the size of the global bowling market was $863.69 million USD, and it is expected to reach $1,230.02 million USD by 2028, with a compound annual growth rate (CAGR) of 4.52%.
Mashroo3k Consulting Company revealed, through a recent statistic from the Qatar Planning and Statistics Authority, that the number of sports facilities in Qatar does not exceed about 301 facilities, of which only 7 are for practicing bowling and billiards, while official Qatari data confirms that the population of the State of Qatar is estimated at about 2,504,910 people, of whom about 581,596 people are under the age of 24, which indicates that investment in An entertainment arcade, capitalizing on a growing market gap in Qatar during 2022.
For more details on the latest economic indicators and investment opportunities in Qatar, as well as the most prominent funding agencies supporting successful investment projects in Qatar, you can contact the investor services team at Mashroo3k Consulting.
