Art Galleries and Museums in Australia - Industry Market Research Report

Brushed Up: Diversified Revenue Streams Have Supported Demand Through Covid-19 Lockdowns

The COVID-19 pandemic has had ill effects on the performance of art galleries and museums. These venues were forced to close temporarily during lockdown periods, depressing admission sales. Social distancing requirements and capacity limits have curtailed admission, rental space and food sales during restricted trading periods. Industry operators run and manage art galleries and museums across Australia. The industry also includes businesses that operate historic houses. Firms mainly preserve and exhibit heritage objects and artefacts that have cultural, historical or aesthetic value. Retail galleries selling art pieces and artefacts are not included in the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.