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Art Galleries and Museums in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Art Galleries and Museums Market Research Report | ANZSIC R8910 | Sep 2013

The big picture: A competitive and changing environment keeps the industry on its toes

IBISWorld’s Art Galleries and Museums market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
0.8%
Annual Growth 14-19
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Profit
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Employment
8,500
Businesses
1,273
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. In this environment, new, visually exciting, imaginative and interactive educational displays and special exhibitions have been developed in order for the industry to attract new visitors and retain existing ones. Art galleries and museums, therefore, have to continue to re-invent and re-position themselves to attract interest and draw in visitors, particularly as competing industries continue to undertake similar programs to increase patronage and revenue... purchase to read more

Industry Report - Starting a New Business Chapter

Entry barriers to an industry are factors that may prevent or limit a new operator from entering the industry. Key factors used to assess the barriers to entry include economies of scale, capital intensity and access to government grants. Overall, barriers to entry are lower for smaller-size establishments in the industry, but barriers increase in terms of obtaining ongoing funding commitments from the government and businesses, due to the dominance of the larger operators.

The main barrier to entry relates to the ability and cost in acquiring a collection worthy of display of significant public interest... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Art Galleries and Museums Industry?

Operators in this industry run and manage a range of art galleries and museums across Australia. The industry also includes businesses that operate historic houses.

Industry Products
Art gallery exhibitionsMuseum exhibitionsMerchandiseOther services
 
Industry Activities
Art gallery operations (except)Art museum operations (except)Historic house and heritage site operationsHistoric railway operationsMaritime museum operationsMuseum operationsNatural history and science centre operationsSocial history museum operationsTransport museum operationsWar memorial museum operations


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