Arts Market Outlook: World Approaching Demand and Growth Prospect 2020-2030

Arts Global Market Report 2020-30: Covid 19 Impact And Recovery

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Arts Market: • The Business Research Company’s latest report Arts Global Market Report 2020 covers Arts market drivers, Arts market trends, Arts market segments, Arts market growth rate, Arts market major players, and Arts market size. The report provides in-depth analysis of the impact of COVID-19 on the Arts industry, along with revised market numbers due to the effects of the coronavirus.

• The global arts market is expected to decline from $432.3 billion in 2019 to $418.2 billion in 2020 at a compound annual growth rate (CAGR) of -3.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $520.6 billion in 2023.

• The global arts market is segmented by type into museums, historical sites, zoos, and parks, independent artists and performing art companies, sports and arts promoters. Subsegments covered are museums, historical sites, zoos & botanical gardens, nature parks and other similar institutions, visual arts, performing arts, sports promoters, arts promoters.

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The Major Key Players are: Smithsonian Institution, Cirque du Soleil, The Paris Opera Ballet, WWE, The Metropolitan Opera Association.

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List Of Tables Table 1: Historic Market Growth, Value ($ Billion)

Table 2: Forecast Market Growth, Value ($ Billion) Table 3: Global Arts Market, 2019, By Region, Value ($ Billion) Table 4: Global Arts Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region Table 5: Global Arts Market, Growth And Market Share Comparison, By Region Table 6: Global Arts Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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