The Performing Arts Venues industry has achieved minimal growth over the past five years as the industry matures and the market reaches saturation. Demand from the Music and Theatre Productions industry and government expenditure on performing arts venues directly influences the industry's performance. While ticket sales to contemporary music concerts has boosted demand for venues from this market, industry operators have faced increasing competition from sporting stadiums and arenas for big-name artists, and pubs and clubs for up-and-coming musicians. Furthermore, demand from the more traditional performing arts such as ballet and classical music has declined.
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.