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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 | Oct 2015

Cultural contest: Intensifying competition for visitors and funding has constrained revenue growth

IBISWorld’s Art Galleries and Museums market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
9,578
Businesses
1,301
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 - 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 the 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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