Government drives market demand, with government spending representing 69.2% of total demand in 2024. Zoological Parks Board of NSW is the largest company in Australia, generating 18.1% of the industry’s total turnover value in 2024. The industry is concentrated, with the top five companies generating 69.3% of total production value in 2024. The total number of companies increases in 2024, to 870 units. The costs of the industry increase by 3% in 2024, largely driven by rising labour costs. The industry’s profitability decreases and stands at 15.0% of turnover in 2024, the fourth highest across the top 20 developed countries. With turnover of USD770 million, Australia accounts for 85.7% of the Australasia total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Library, Museums and Cultural Services in Australia: ISIC 923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Library, Museums and Cultural Services in Australia: ISIC 923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Recreation, Entertainment and Arts in Australia report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Recreation, Entertainment and Arts?
- How the Recreation, Entertainment and Arts will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Library, Museums and Cultural Services in Australia: ISIC 923
HEADLINES
Recreation, Entertainment and Arts
This is the aggregation of filmmaking, movie theatres, radio and TV, theatre and music production, amusement parks and entertainment services, news agencies, library, museums and cultural services, and sporting and recreational services.
See all of our definitionsBuy this report to:
- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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