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

  • ID: 4591396
  • Report
  • Region: United States
  • 35 pages
  • IBISWorld
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Cultivating culture: As per capita disposable income increases, sector demand will 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.

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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
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  • New York State Lottery
  • Smithsonian Institution
  • Live Nation Entertainment Inc.
  • National Park Service
  • The Walt Disney Company
  • Fitness International LLC
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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