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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

The Art Galleries and Museums market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Analysis Chapter

The Art Galleries and Museums industry has been operating in an increasingly competitive environment. The industry has not only faced competition in attracting visitors and generating revenue, but has also had to fight for its share of government budgetary resources. Many museums and art galleries, therefore, have attempted to attract interest by re-inventing themselves, becoming more interactive and distributing content across a variety of media channels. Profit margins are low, at an estimated 3.0% of industry revenue in 2014-15, down from 6.5% in 2009-10 due to admissions revenue declines despite estimated attendance increases, and steady expenses growth.

In 2014-15, industry revenue is forecast to grow by 2.2% to reach $1.4 billion... 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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