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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 2014

On-screen art: Interactive and online displays have been growing in popularity

IBISWorld’s Art Galleries and Museums market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
0.2%
Annual Growth 15-20
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Profit
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Employment
8,610
Businesses
1,288
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 SWOT Analysis Chapter

The Art Galleries and Museums industry is in the mature stage of its life cycle. This is due to low revenue growth in recent years, as well as stable growth in establishment numbers and employment levels. Attendance numbers have also increased at a slow rate in the past five years. Further, industry value added is estimated to increase at an annualised 0.2% in the 10 years through 2019-20, which is lower than estimated national GDP growth over the same period of 2.7%.

While growth in overall visitor numbers has been slow in recent years, overall growth in government funding for existing and new establishments has benefited the industry. Increased funding has also been made available for the holding of more specialised exhibitions of national and international significance... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Art Galleries and Museums Industry?

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

Industry Products
Art gallery exhibitionsMuseum exhibitionsMerchandise sales
 
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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