Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.0 % over the past five years, to reach an estimated $1.0bn in 2024.
Trends and Insights
A high level of tourism is key driver of growth
- Heightened travel activity and largely positive economic factors resulted in more visitors and higher spending in the last few years. Even with budgetary issues, parks have adapted by introducing higher admission fees.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Tourist visits to national parks will rise steadily
- The environmental movement and the rising popularity of eco-tourism are expected to bolster visitor attendance moving forward.
Biggest companies in the National Parks & Other Nature Institutions
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
National Park Service | 476.1 | 0.0 | 0.0 |
To view the market share and analysis for all 1 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Donations and grants, Other and Admissions and membership fees. Donations and grants is the largest segment of the National Parks & Other Nature Institutions.
Trends and Insights
Admissions and membership fees have been historically low for most operators
- Most nature institutions try to refrain from charging admission fees. Over the years, many parks have experienced fluctuating visitation rates and mounting operational costs, resulting in them enacting or raising admission fees.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The National Parks and Other Nature Institutions industry includes operators engaged in preserving and exhibiting natural areas or settings. Operators include national parks, wildlife sanctuaries, natural wonder tourist attractions and other similar institutions. Industry revenue is based on park-generated revenue and excludes state and city parks, zoos and botanical gardens.
What's included in this industry?
Accepting donations and grantsCollecting admissions and membership feesProviding accommodation, food services and entertainmentCompanies
National Park ServicePurchase this report to view all 1 major companies in this industry.
Related Terms
ECO-TOURISTSNATURE-BASED TOURISMECOSYSTEM MANAGEMENTSELF-GENERATED REVENUEIndustry Code
NAICS 712130 - National Parks & Other Nature Institutions
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
National parks and other nature institutions are engaged in preserving and exhibiting natural areas or settings. Visitation at these establishments fell during the pandemic b...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The size and scope of services offered by national parks and other nature institutions vary significantly. Revenue is calculated based on self-generated funds, private donati...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
National parks and other nature institutions are generally concentrated in regions with the highest share of the US population. Households are the primary users of park servi...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
National parks and other nature institutions experience a moderate level of market share concentration. Over the past five years, the industry's market share concentration de...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
There are many small operators working within this industry. There is only one very large operator, the National Parks Services, which controls more than half of market share...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of National Park Service's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for National Park Service, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
National parks and other nature institutions receive a moderate level of industry assistance. Most establishments are considered nonprofit entities and have a tax exemption s...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Cost structure can vary significantly between operators. National parks and other nature institutions are managed on various scales of operation, and costs defer based on the...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the National Parks & Other Nature Institutions industry in United States in 2024?
The market size of the National Parks & Other Nature Institutions industry in United States is $1.0bn in 2024.
How many businesses are there in the National Parks & Other Nature Institutions industry in 2024?
There are 951 businesses in the National Parks & Other Nature Institutions industry in United States, which has declined at a CAGR of 2.6 % between 2019 and 2024.
Has the National Parks & Other Nature Institutions industry in United States grown or declined over the past 5 years?
The market size of the National Parks & Other Nature Institutions industry in United States has been growing at a CAGR of 1.0 % between 2019 and 2024.
What is the forecast growth of the National Parks & Other Nature Institutions industry in United States over the next 5 years?
Over the next five years, the National Parks & Other Nature Institutions industry in United States is expected to grow.
What are the biggest companies in the National Parks & Other Nature Institutions market in United States?
The biggest company operating in the National Parks & Other Nature Institutions market in United States is National Park Service
What does the National Parks & Other Nature Institutions in United States include?
Accepting donations and grants and Collecting admissions and membership fees are part of the National Parks & Other Nature Institutions industry.
Which companies have the highest market share in the National Parks & Other Nature Institutions in United States?
The company holding the most market share in United States is National Park Service.
How competitive is the National Parks & Other Nature Institutions industry in United States?
The level of competition is moderate and steady in the National Parks & Other Nature Institutions industry in United States.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Museums in the US
- Historic Sites in the US
- Amusement Parks in the US
- Golf Courses & Country Clubs in the US
- Ski & Snowboard Resorts in the US
- Marinas in the US
Complementors
- Hunting & Trapping in the US
- Campgrounds & RV Parks in the US
International industries
- Campgrounds & Recreational Vehicle Parks in Canada
- Nature Reserves and Conservation Parks in Australia
- Libraries, Museums & Cultural Activities in the UK
View all industries in United States
Methodology
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Key data sources in the US include:
- US Census Bureau
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- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
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- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
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