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Concert & Event Promotion in Canada - Industry Market Research Report

Publisher IBISWorld
Published Nov 04, 2024
Length 70 Pages
SKU # IBSS19341079

Description

Concert & Event Promotion in Canada - Industry Market Research Report


Concert & Event Promotion in Canada

Concert and event promoters rely on positive economic conditions, as the consumers are unlikely to purchase costly tickets when conditions are poor. Rising disposable income has enabled many promoters to hike ticket prices, as consumers are willing to pay the extra fees. Concurrently, many are making greater shares of revenue from ancillary sales, like those of food and beverages at venues, as consumers increase spending. Though the pandemic took a large toll on promoters, consumers' eagerness to return to large-scale events has enabled many to bounce back swiftly. Over the five years to 2023, revenue increase at a CAGR of 0.6% and is expected to reach $4.6 billion in 2023, when revenue will rise an estimated 12.5%.

The Concert and Event Promotion industry in Canada creates, manages and promotes live performances and events, ranging from concerts and theatre to state fairs and air shows. Some promoters lease space from stadium, arena and theatre owners, while others own venues.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

70 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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