Industry Analysis & Industry Trends
The Art Galleries and Museums industry operates in a highly competitive environment, contending with 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 continued to reinvent and reposition themselves to 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 ticket admissions, merchandise sales and other services. These are expected to account for 15% of industry revenue. Government expenditure accounts for about 70% of industry revenue, with the remaining 15% attributable to fundraising and investment revenue. Services provided by the industry include art gallery and museum exhibitions, as well as merchandise and food and beverage sales.
Art gallery exhibitions
Art galleries house various artworks including paintings and sculptures, and are generally located in cities and larger regional areas. While most art galleries do not charge entry fees, some exclusive and special shows, particularly from overseas, will attract entry fees of $30.0 or more per adult... purchase to read more