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Global Museum Market (2023 Edition): Analysis By Source of Revenue, Museum Type (Art, History and Culture, Natural, Others), By Age Group, By Region, By Country: Market Insights and Forecast (2019-2029)

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    Report

  • 250 Pages
  • July 2023
  • Region: Global
  • Azoth Analytics
  • ID: 5842956
The publisher has released a research report titled “Global Museum Market (2023 Edition)” which provides a complete analysis of the Global Museum industry in terms of market segmentation by Source of Revenue (Ticket Sales, Gift Shops and Souvenir, Food and Beverage, Other Sources), Museum Type (Art Museum, History and Culture Museum, Natural Museum, Others), and by Age Group (Less than 25 years, 25- 39 years, 40-59 years, Above 60 years), for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The research is global in nature and covers a detailed analysis of the market in Americas (U.S., Canada, Rest of the Americas), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, Rest of Asia-Pacific), and the Middle East and Africa. Additionally, the research report displays data including market size, market volume/numbers, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast.

The Global Museum Market is expected to generate USD 17.23 billion by the end of 2029, up from USD 7.48 billion in 2022. Museums play a crucial role in safeguarding and presenting artefacts, artworks, and historical documents, ensuring their accessibility to present and future generations. During the forecast period, 2024-2029, the Global Museum Market is expected to expand at a CAGR of 13.24%. The museum market is propelled by the rising number of tourists and their increasing interest in art, culture and history, followed by an increasing number of exhibitions and events, membership and educational programs conducted by Museums.

Museums organize temporary exhibitions, special events, and interactive experiences to attract visitors. Many tourists include visits to Museum as part of their itineraries to explore the cultural and historical aspects of a destination. Museums offer workshops, lectures, guided tours, and educational resources for schools, families, and lifelong learners to expand their educational programs and outreach initiatives.

The COVID-19 pandemic had a significant impact on the industry with many museums facing closures, reduced visitor numbers, and financial challenges due to lockdowns and travel restrictions. However, the pandemic accelerated the digital transformation of Museums. Institutions rapidly adapted to provide virtual experiences, including online exhibitions, virtual tours, educational resources, and interactive content.

The Global Museum Market is highly competitive, with the leading five most visited Museums in the market are Louvre, the National Museum of China, the Vatican Museum The Metropolitan Museum of Arts, and the British Museum. Louvre is the largest museum exhibited over an area of 72,735 square meters (782,910 square feet) with over 7 Million visitors in the year 2022.

Further, the future of the global Museum market will likely continue to evolve as technology advances and societal trends. Digital technologies can be used to improve the accessibility and reachability of collections, interactive and multimedia transfer of knowledge, and increased efficiency in the administration of the museum's operations, such as by improving inventory management and visitor tracking.

Scope of the Report

  • The report analyses the Museums Market by Value (USD Million)
  • The report presents the analysis of Museums Market for the historical period of 2019-2029, the estimated year 2023 and the forecast period of 2024-2028
  • The report analyses the Cash Logistics Market by Source of Revenue (Ticket Sales, Gift Shops and Souvenir, Food and Beverage, Other Sources)
  • The report analyses the Cash Logistics Market by Museum Type (Art Museum, History and Culture Museum, Natural Museum, Others)
  • The report analyses the Cash Logistics Market by Age Group (Less than 25 years, 25- 39 years, 40-59 years, Above 60 years)
  • The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Source of Revenue, by Museum Type & by Age Group
  • Also, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Louvre, National Museum of China, Vatican Museum, The Metropolitan Museum of Arts, British Museum, Tate Modern, National Gallery, Natural History of Museum, American Museum of Natural History and State Hermitage.

Table of Contents

1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
2.1 Expanding opportunity for hybrid tours
2.2 Focus on sustainable practices
3. Global Museums Market: Historic and Forecast (2019-2029)
3.1 Impact Analysis of Macro Economic Factors on Museums Market
3.2 Average Annual Museum Visited
3.3 Top 20 Museums Worldwide, 2021
3.4 Global Museum Funding Authorities
3.5 Degree of Impact of COVID-19 on Museum Market
3.6 Global Museums Market: Dashboard
3.7 Global Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
3.8 Global Museums Market: Market Volume and CAGR, 2019-2029 (in numbers)
3.9 Global Museums Market Segmentation: By Source of Revenue
3.9.1 Global Museums Market, By Source of Revenue Overview
3.9.2 Global Museums Market Size, By Ticket Sales, By Value, 2019H-2029F (USD Million & CAGR)
3.9.3 Global Museums Market Size, By Gift Shop and Souvenir, By Value, 2019H-2029F (USD Million & CAGR)
3.9.4 Global Museums Market Size, By Food and Beverage, By Value, 2019H-2029F (USD Million & CAGR)
3.9.5 Global Museums Market Size, By Other Sources of Revenue, By Value, 2019H-2029F (USD Million & CAGR)
3.10 Global Museums Market Segmentation: By Type of Museum
3.10.1 Global Museums Market, By Type of Museum Overview
3.10.2 Americas Museums Market Size, By Art Museum, By Value, 2019H-2029F (USD Million & CAGR)
3.10.3 Americas Museums Market Size, By History and Culture Museum, By Value, 2019H-2029F (USD Million & CAGR)
3.10.4 Americas Museums Market Size, By Natural Museum, By Value, 2019H-2029F (USD Million & CAGR)
3.10.5 Americas Museums Market Size, By Other Museum, By Value, 2019H-2029F (USD Million & CAGR)
3.11 Global Museums Market Segmentation: By Age Group
3.11.1 Global Museums Market, By Age Group Overview
3.11.2 Global Museums Market Size, By Less than 25 years, By Value, 2019H-2029F (USD Million & CAGR)
3.11.3 Global Museums Market Size, By 25-39 years, By Value, 2019H-2029F (USD Million & CAGR)
3.11.4 Global Museums Market Size, By 40-59 years years, By Value, 2019H-2029F (USD Million & CAGR)
3.11.5 Global Museums Market Size, By Above 60 years years, By Value, 2019H-2029F (USD Million & CAGR)
4. Global Museums Market, Regional Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Museums Market: Historic and Forecast (2019-2029)
5.1 Americas Museums Market: Snapshot
5.2 Americas Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.3 Americas Museums Market: Market Volume and CAGR, 2019-2029
5.4 Americas Museums Market: Key Factors
5.5 Americas Museums Market Segmentation: By Source of Revenue
5.5.1 Americas Museums Market, By Source of Revenue Overview
5.5.2 Americas Museums Market Size, By Ticket Sales, By Value, 2019H-2029F (USD Million & CAGR)
5.5.3 Americas Museums Market Size, By Gift Shop and Souvenir, By Value, 2019H-2029F (USD Million & CAGR)
5.5.4 Americas Museums Market Size, By Food and Beverage, By Value, 2019H-2029F (USD Million & CAGR)
5.5.5 Americas Museums Market Size, By Other Sources of Revenue, By Value, 2019H-2029F (USD Million & CAGR)
5.6 Americas Museums Market Segmentation: By Type of Museum
5.6.1 Americas Museums Market, By Type of Museum Overview
5.6.2 Americas Museums Market Size, By Art Museum, By Value, 2019H-2029F (USD Million & CAGR)
5.6.3 Americas Museums Market Size, By History and Culture Museum, By Value, 2019H-2029F (USD Million & CAGR)
5.6.4 Americas Museums Market Size, By Natural Museum, By Value, 2019H-2029F (USD Million & CAGR)
5.6.4 Americas Museums Market Size, By Other Museums, By Value, 2019H-2029F (USD Million & CAGR)
5.7 Americas Museums Market Segmentation: By Age Group
5.7.1 Americas Museums Market, By Age Group Overview
5.7.2 Americas Museums Market Size, By Less than 25 years, By Value, 2019H-2029F (USD Million & CAGR)
5.7.3 Americas Museums Market Size, By 25-39 years, By Value, 2019H-2029F (USD Million & CAGR)
5.7.2 Americas Museums Market Size, By 40-59 years, By Value, 2019H-2029F (USD Million & CAGR)
5.7.3 Americas Museums Market Size, By Above 60 years, By Value, 2019H-2029F (USD Million & CAGR)
5.8 Americas Museums Market Segmentation: By Country
5.8.1 United States Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.8.1.1 United States Museums Market, By Source of Revenue
5.8.1.2 United States Museums Market, By Type of Museum
5.8.1.3 United States Museums Market, By Age Group
5.8.2 Canada Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.8.2.1 Canada Museums Market, By Source of Revenue
5.8.2.2 Canada Museums Market, By Type of Museum
5.8.2.3 Canada Museums Market, By Age Group
5.8.3 Rest of Americas Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.8.3.1 Rest of Americas Museums Market, By Source of Revenue
5.8.3.2 Rest of Americas Museums Market, By Type of Museum
5.8.3.3 Rest of Americas Museums Market, By Age Group
6. Europe Museums Market: Historic and Forecast (2019-2029)
6.1 Europe Museums Market: Snapshot
6.2 Europe Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.3 Europe Museums Market: Volume Size and CAGR, 2019-2029
6.4 Europe Museums Market: Key Factors
6.5 Europe Museums Market Segmentation: By Source of Revenue
6.5.1 Europe Museums Market Size, By , By Ticket Sales Value, 2019H-2029F (USD Million & CAGR)
6.5.2 Europe Museums Market Size, By Gift Shop and Souvenir, By Value, 2019H-2029F (USD Million & CAGR)
6.5.3 Europe Museums Market Size, By Food and Beverage, By Value, 2019H-2029F (USD Million & CAGR)
6.5.4 Europe Museums Market Size, By Other Source of Revenue, By Value, 2019H-2029F (USD Million & CAGR)
6.6 Europe Museums Market Segmentation: By Type of Museum
6.6.1 Europe Museums Market Size, By Art Museum, By Value, 2019H-2029F (USD Million & CAGR)
6.6.2 Europe Museums Market Size, By History and Culture Museum, By Value, 2019H-2029F (USD Million & CAGR)
6.6.3 Europe Museums Market Size, By Natural Museum, By Value, 2019H-2029F (USD Million & CAGR)
6.6.3 Europe Museums Market Size, By Other Museums, By Value, 2019H-2029F (USD Million & CAGR)
6.7 Europe Museums Market Segmentation: By Age Group
6.7.1 Europe Museums Market, By Age Group Overview
6.7.2 Europe Museums Market Size, By Less than 25 years, By Value, 2019H-2029F (USD Million & CAGR)
6.7.3 Europe Museums Market Size, By 25-39 years, By Value, 2019H-2029F (USD Million & CAGR)
6.7.4 Europe Museums Market Size, By 40-59 years, By Value, 2019H-2029F (USD Million & CAGR)
6.7.5 Europe Museums Market Size, By Above 60 years, By Value, 2019H-2029F (USD Million & CAGR)
6.8 Europe Museums Market Segmentation: By Country
6.8.1 Germany Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.8.1.1 Germany Museums Market, By Source of Revenue
6.8.1.2 Germany Museums Market, By Type of Museum
6.8.1.3 Germany Museums Market, By Age Group
6.8.2 United Kingdom Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.8.2.1 United Kingdom Museums Market, By Source of Revenue
6.8.2.2 United Kingdom Museums Market, By Type of Museum
6.8.2.3 United Kingdom Museums Market, By Age Group
6.8.3 France Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.8.3.1 France Museums Market, By Source of Revenue
6.8.3.2 France Museums Market, By Type of Museum
6.8.3.3 France Museums Market, By Age Group
6.8.4 Italy Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.8.4.1 Italy Museums Market, By Source of Revenue
6.8.4.2 Italy Museums Market, By Type of Museum
6.7.4.3 Italy Museums Market, By Age Group
6.8.5 Spain Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.8.5.1 Spain Museums Market, By Source of Revenue
6.8.5.2 Spain Museums Market, By Type of Museum
6.8.5.3 Spain Museums Market, By Age Group
6.8.6 Rest of Europe Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.8.6.1 Rest of Europe Museums Market, By Source of Revenue
6.8.6.2 Rest of Europe Museums Market, By Type of Museum
6.8.6.3 Rest of Europe Museums Market, By Age Group
7. Asia Pacific Museums Market: Historic and Forecast (2019-2029)
7.1 Asia Pacific Museums Market: Snapshot
7.2 Asia Pacific Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.3 Asia Pacific Museums Market: Volume Size and CAGR, 2019-2029
7.4 Asia Pacific Museums Market: Key Factors
7.5 Asia Pacific Museums Market Segmentation: By Source of Revenue
7.5.1 Asia Pacific Museums Market, By Source of Revenue Overview
7.5.2 Asia Pacific Museums Market Size, By Ticket Sales, By Value, 2019H-2029F (USD Million & CAGR)
7.5.3 Asia Pacific Museums Market Size, Gift Shop and Souvenir Museum, By Value, 2019H-2029F (USD Million & CAGR)
7.5.4 Asia Pacific Museums Market Size, By Food and Beverage, By Value, 2019H-2029F (USD Million & CAGR)
7.5.5 Asia Pacific Museums Market Size, By Other Sources of Revenue, By Value, 2019H-2029F (USD Million & CAGR)
7.6 Asia Pacific Museums Market Segmentation: By Type of Museum
7.6.1 Asia Pacific Museums Market, By Type of Museum Overview
7.6.2 Asia Pacific Museums Market Size, By Art Museum, By Value, 2019H-2029F (USD Million & CAGR)
7.6.3 Asia Pacific Museums Market Size, By History and Culture Museum, By Value, 2019H-2029F (USD Million & CAGR)
7.6.4 Asia Pacific Museums Market Size, By Natural Museum, By Value, 2019H-2029F (USD Million & CAGR)
7.6.4 Asia Pacific Museums Market Size, By Other Museums, By Value, 2019H-2029F (USD Million & CAGR)
7.7 Asia Pacific Museums Market Segmentation: By Age Group
7.7.1 Asia Pacific Museums Market, By Age Group Overview
7.7.2 Asia Pacific Museums Market Size, By Less than 25 years, By Value, 2019H-2029F (USD Million & CAGR)
7.7.3 Asia Pacific Museums Market Size, By 25-39 years, By Value, 2019H-2029F (USD Million & CAGR)
7.7.4 Asia Pacific Museums Market Size, By 40-59 years, By Value, 2019H-2029F (USD Million & CAGR)
7.7.4 Asia Pacific Museums Market Size, By Above 60 years, By Value, 2019H-2029F (USD Million & CAGR)
7.8 Asia Pacific Museums Market Segmentation: By Country
7.8.1 China Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.8.1.1 China Museums Market, By Source of Revenue
7.8.1.2 China Museums Market, By Type of Museum
7.8.1.3 China Museums Market, By Age Group
7.8.2 Japan Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.8.2.1 Japan Museums Market, By Source of Revenue
7.8.2.2 Japan Museums Market, By Type of Museum
7.8.2.3 Japan Museums Market, By Age Group
7.8.3 South Korea Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.8.3.1 South Korea Museums Market, By Source of Revenue
7.8.3.2 South Korea Museums Market, By Type of Museum
7.8.3.3 South Korea Museums Market, By Age Group
7.8.4 Rest of APAC Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.8.4.1 Rest of APAC Museums Market, By Source of Revenue
7.8.4.2 Rest of APAC Museums Market, By Type of Museum
7.8.4.3 Rest of APAC Museums Market, By Age Group
8. Middle East & Africa Museums Market: Historic and Forecast (2019-2029)
8.1 Middle East & Africa Museums Market: Snapshot
8.2 Middle East & Africa Museums Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
8.2 Middle East & Africa Museums Market: Market Volume and CAGR, 2019-2029
8.3 Middle East & Africa Museums Market: Key Factors
8.4 Middle East & Africa Museums Market Segmentation: By Source of Revenue
8.4.1 Middle East & Africa Museums Market, By Source of Revenue Overview
8.4.2 Middle East & Africa Museums Market Size, By Ticket Sales, By Value, 2019H-2029F (USD Million & CAGR)
8.4.3 Middle East & Africa Museums Market Size, By Gift Shop and Souvenir, By Value, 2019H-2029F (USD Million & CAGR)
8.4.4 Middle East & Africa Museums Market Size, By Food and Beverage, By Value, 2019H-2029F (USD Million & CAGR)
8.4.5 Middle East & Africa Museums Market Size, By Other Sources of Revenue, By Value, 2019H-2029F (USD Million & CAGR)
8.5 Middle East & Africa Museums Market Segmentation: By Type of Museum
8.5.1 Middle East & Africa Museums Market, By Type of Museum Overview
8.5.2 Middle East & Africa Museums Market Size, By Art Museum, By Value, 2019H-2029F (USD Million & CAGR)
8.5.3 Middle East & Africa Museums Market Size, By History and Culture Museum, By Value, 2019H-2029F (USD Million & CAGR)
8.5.4 Middle East & Africa Museums Market Size, By Natural Museum, By Value, 2019H-2029F (USD Million & CAGR)
8.5.5 Middle East & Africa Museums Market Size, By Other Museums, By Value, 2019H-2029F (USD Million & CAGR)
8.6 Middle East & Africa Museums Market Segmentation: By Age Group
8.6.1 Middle East & Africa Museums Market, By Age Group Overview
8.6.2 Middle East & Africa Museums Market Size, By Less than 25 years, By Value, 2019H-2029F (USD Million & CAGR)
8.6.3 Middle East & Africa Museums Market Size, By 25-39 years, By Value, 2019H-2029F (USD Million & CAGR)
8.6.4 Middle East & Africa Museums Market Size, By 40-59 years, By Value, 2019H-2029F (USD Million & CAGR)
8.6.5 Middle East & Africa Museums Market Size, By Above 60 years, By Value, 2019H-2029F (USD Million & CAGR)
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Global Museums Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Macro-Economic Factor Assessment
10.2 Porter Analysis
11. Competitive Positioning
11.1 Company Profiles
11.1.1 Louvre
11.1.2 National Museum of China
11.1.3 Vatican Museums
11.1.4 The Metropolitan Museum of Art
11.1.5 The British Museum
11.1.6 Tate Modern
11.1.7 The National Gallery
11.1.8 Natural History Museum
11.1.9 American Museum of Natural History
11.1.10 The Stage Hermitage Museum

Companies Mentioned

  • American Museum of Natural History
  • Louvre
  • National Museum of China
  • Natural History Museum
  • Tate Modern
  • The British Museum
  • The Metropolitan Museum of Art
  • The National Gallery
  • The Stage Hermitage Museum
  • Vatican Museums

Table Information