Market Research Logo

Fine Arts Schools in the US - Industry Market Research Report

Fine Arts Schools in the US

The Fine Arts Schools industry comprises institutions that provide recreational instruction in dance, music, theater and the visual arts to the general public, as well as a small share of nondegree-granting academic classes and training programs designed for art students and professional artists. In recent years, this industry has benefited from rising levels of per capita disposable income, which have fueled demand for fine arts classes and other discretionary industry services. Therefore, while growth has been somewhat constrained by an overall decline in federal funding for the creative arts, industry revenue has grown steadily over the past five years. Over the five years to 2023, improving levels of disposable income and corporate profit will continue to drive industry growth, though this growth will occur at a slower rate due to declining levels of government funding for the arts.

This industry includes establishments that offer instruction in the fine arts, including dance, drama, music and the visual arts. The industry does not include programs that offer academic degrees or diplomas. Commercial and graphic arts and commercial photography instruction are also excluded from this industry, as these subjects are accounted for in the Trade and Technical Schools industry (IBISWorld report 61151).

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Per capita disposable income
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report