Performing Arts Venues in Australia - Market Research Report

Performing Arts Venues industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.9%

Revenue for the Performing Arts Venues industry has increased strongly over the past five years due to solid growth in demand from music and theatre production companies, and an overall rise in household discretionary income. However, limited government funding and increased external competition have caused significant revenue volatility over the period. Although the growing popularity of contemporary music concerts has boosted demand for venues, industry operators have faced increasing competition from large-scale sporting stadiums and arenas for big-name artists. Furthermore, demand from more traditional performing arts, such as ballet and classical music, has declined over the past five years. Industry revenue is expected to grow at an annualised...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Performing Arts Venues industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Government expenditure on performing arts venues has been historically volatile and is forecast to continue creating uncertainty among operators in the Performing Arts Venues industry over the next five years. This factor is anticipated to constrain growth for industry operators that primarily rely on government funding rather than private or commercial income. However, demand from music and theatre productions is projected to increase over the next five years, supporting the industry. Nevertheless, industry operators will likely need to continue seeking alternate sources of income to achieve growth over the next five years, such as through corporate sponsorships and increasing self-generated revenue streams. Industry revenue is projected to grow at...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Performing Arts Venues industry statistics

  • attach_money Market Size: $823m
  • business Number of Businesses: 588
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 6,333

Biggest companies in the Performing Arts Venues industry

The companies holding the largest market share in the Performing Arts Venues in Australia industry include Sydney Opera House Trust, Victorian Arts Centre Trust, Queensland Performing Arts Trust and Adelaide Festival Centre Trust.

  • pie_chart Sydney Opera House Trust Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Victorian Arts Centre Trust Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Queensland Performing Arts Trust Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Adelaide Festival Centre Trust Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.

What is Performing Arts Venues industry?

Industry Definition

Industry operators primarily provide hairdressing or beauty services, such as manicures, pedicures, facials, skin treatments, tanning, make-up application, hair removal and non-medical hair restoration techniques.

Industry Products and Services

  • Haircutting and styling
  • Hair removal
  • Non-clinical massage
  • Nail-care services
  • Skincare
  • Tanning
  • Other services

Industry Activities

  • Hairdressing and styling services
  • Barber shop operation
  • Beauty services
  • Electrolysis services (i.e. hair removal)
  • Make-up services
  • Nail care services
  • Skincare services
  • Tanning (solarium) services

Market research report - table of contents

Industry Definition

The industry operates venues for performing arts rehearsals and presentations, including concerts, music, opera and theatre. The industry excludes motion picture theatres.

Main Activities

  • Operating entertainment centres
  • Operating concert halls
  • Operating opera houses
  • Operating performance theatres (except motion picture cinemas)

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Demand from music and theatre productions directly influences industry revenue. Performing arts companies rent industry operators' facilities and services...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Demand from music and theatre productions
Government funding for heritage and arts
Real household discretionary income
Average weekly hours worked

Current Performance

Competition
Government funding
Expanding services
 Chart: Revenue Growth

Industry Outlook

Future challenges
Competition and new markets
 Table: Performing Arts Venues in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Performing Arts Venues in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Music and Theatre Productions in Australia






Key Selling Industries

Audio Visual Electronic Equipment Manufacturing in Australia
Electric Lighting Equipment Manufacturing in Australia
Catering Services in Australia
Commercial and Industrial Building Construction in Australia



Products & Services

The Performing Arts Venues industry's main offerings include programming, theatre services, venue rental, ticketing services, and food and beverage servic...
Other performing arts organisations
Theatre companies
Musical and opera production companies
Households and businesses
Dance companies
Classical music providers

Demand Determinants

Demand for performing arts venues largely depends on the number of performances staged by music and theatre production companies. The performance of music...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Other performing arts organisations
Theatre companies
Musical and opera production companies
Households and businesses
Dance companies
Classical music providers

 Chart: Major Market Segmentation for the Performing Arts Venues in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Performing Arts Venues industry has moderate market share concentration. The industry is characterised by a few large well-known venues, with the four...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Performing Arts Venues in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Performing Arts Venues in Australia - Market Research Report Industry

Industry Globalization

Sydney Opera House Trust maintains and manages the Sydney Opera House for the NSW Government, which operates in the industry through six performing arts v...
lock
Purchase this report or a membership to unlock the full analysis of the major players in this industry.

Sydney Opera House

 Table: Sydney Opera House - financial performance

Arts Centre Melbourne

 Table: Arts Centre Melbourne - financial performance

Queensland Performing Arts Centre

 Table: Queensland Performing Arts Centre - financial performance

Adelaide Festival Centre

 Table: Adelaide Festival Centre - financial performance

Capital Intensity

The Performing Arts Venues industry has low capital intensity, as its operations heavily rely on labour. For every dollar spent on labour in 2018-19, an e...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Performing Arts Venues in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Performing Arts Venues in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BOX OFFICE

EISTEDDFOD

PRODUCTION TECHNOLOGY

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Performing Arts Venues industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Performing Arts Venues in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Performing Arts Venues in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Performing Arts Venues in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear