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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 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
$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 Investment Chapter

The industry requires high labour inputs as extensive staff and volunteers are required for conservation, mounting of displays, interpretation, education and research. The industry also has moderate capital requirements associated with vehicles, buildings required to display and store items, and costs for museum and art gallery plant and equipment, such as lighting, heating and cooling.

Overall, the industry has a medium capital intensity level. To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Depreciation is used as a proxy for capital, with wages used as a proxy for labour. In 2014-15, depreciation is estimated to account for 4.2% of industry revenue, while wages are expected to make up 30.4%... 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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