Performing arts venues depend on upstream demand from music and theatre production companies. In turn, demand for these performances is sensitive to trends in real household disposable income. Industry performance also depends on how much consumers are willing to spend on cultural events and activities. At a less aggregate level, education and arts appreciation also play a pivotal role in increasing demand. As household incomes rise, the proportion of income allocated to live theatre attendance will also grow.
This industry includes companies that operate performing arts venues across Australia.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.