Fairer funds: Money to be redistributed to sites outside the capital to boost growth
The Libraries, Museums and Cultural Activities industry's revenue is forecast to contract at a compound annual rate of 3.3% to £2.7 billion over the five years through 2022-23, including forecast growth of 5% in 2022-23. This can be attributed to a gradual reduction in government funding, as many cultural sites rely on government funding for a large portion of their income through grants and local council funding.
This industry is comprised of libraries, archives, museums, art galleries, historical sites and buildings, botanical and zoological gardens, and nature reserves.
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.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The National Trust
- Royal Society for the Protection of Birds
- Tate
- The British Museum
- The British Library
Methodology
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