Arts Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the arts industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected arts market growth numbers from 2022-2031.
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The global arts market is expected to grow from $275.58 billion in 2021 to $455.37 billion in 2022 at a compound annual growth rate (CAGR) of 65.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The arts market is expected to reach $795.63 billion in 2026 at a CAGR of 15%.
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The Arts Global Market Report 2022-31 by The Business Research Company evaluates arts market size, growth rate, drivers, arts industry trends, and major companies.
The arts market segments in the report are:
1) By Type: Museums, Historical Sites, Zoos, And Parks, Independent Artists And Performing Art Companies, Sports And Arts Promoters
2) By Revenue Source: Media Rights, Merchandising, Tickets, Sponsorship
3) By End-User: Individuals, Companies, Others
The table of contents in TBRC’s arts market report includes:
1. Executive Summary
2. Report Structure
3. Arts Market Characteristics
4. Arts Market Product Analysis
5. Arts Market Supply Chain
……
22. Key Mergers And Acquisitions In The Arts Market
23. Market Background: Recreation Market
24. Recommendations
25. Appendix
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