Industry Analysis & Industry Trends
The Art Galleries and Museums industry operates in a highly competitive environment, competing against other leisure, sporting and entertainment industries for its share of consumer expenditure and government grants and funding. Consequently, the industry has been developing new, visually exciting, imaginative and interactive educational displays and special exhibitions to attract new visitors and retain existing ones. Art galleries and museums have had to continue to re-invent and re-position themselves to attract interest draw in visitors and gain government grants, particularly as competing industries have continued to undertake similar programs to increase patronage and revenue... purchase to read more
Industry Report - Industry Products Chapter
Art galleries and museums derive revenue from ticketing admissions, merchandise sales and other services. These are estimated to account for approximately 20.0% of industry revenue in 2014-15, with 75.0% of industry revenue provided by government funding and 5.0% from other grants, donations and sponsorships. The following analysis only includes ticketing, merchandise sales and other products and services.
Art gallery exhibitions
Art galleries house various art works, including paintings and sculptures, and are generally located in cities and larger regional areas. Ticket sales for art gallery visitors are estimated to account for 35.6% of direct industry sales in 2014-15... purchase to read more