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Arts, Entertainment and Recreation in the US - Industry Market Research Report

  • ID: 4591396
  • Report
  • December 2019
  • Region: United States
  • 35 pages
  • IBISWorld
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Cultivating culture: As per capita disposable income increases, sector demand is expected to rise

FEATURED COMPANIES

  • Fitness International LLC
  • National Park Service
  • New York State Lottery
  • Smithsonian Institution
  • The Walt Disney Company
  • MORE

Arts, Entertainment and Recreation in the US

Since the experiences provided by operators in the Arts, Entertainment and Recreation sector are considered nonessential, revenue is highly dependent upon available levels of discretionary spending and leisure time. Over the five years to 2018, the sector was positively affected by strong growth in per capita disposable income, propelling sector revenue to expand. Over the five years to 2023, the Arts, Entertainment and Recreation sector is expected to continue growing, albeit at a slower rate than the previous five-year period. Per capita disposable income is expected to continue increasing, enabling consumers to splurge more on nonessential recreational activities. However, federal funding for the arts is expected to slump, putting downward pressure on sector revenue.

The Arts, Entertainment and Recreation sector includes a range of enterprises and organizations that operate establishments or provide services to satisfy the various recreational, entertainment and cultural interests of consumers. Such subsegments include performing artists, spectator sports, museums, historical sites, amusement parks and gambling industries.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Fitness International LLC
  • National Park Service
  • New York State Lottery
  • Smithsonian Institution
  • The Walt Disney Company
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Live Nation Entertainment Inc.
  • National Park Service
  • The Walt Disney Company
  • New York State Lottery
  • Fitness International LLC
  • Smithsonian Institution
Note: Product cover images may vary from those shown
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