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Museums in the US - Industry Market Research Report

Museums in the US

The Museums industry encompasses a wide variety of institutions, including art museums and galleries, historical museums, military museums, science museums and wax museums, that are engaged in the preservation and exhibition of objects of historical, cultural and educational value. Over the five years to 2018, these institutions have experienced strong growth, as rising levels of per capita disposable income have enabled a growing number of US consumers to make discretionary purchases of museum admission tickets and merchandise. Over the five years to 2023, the Museums industry is expected to continue growing, fueled by rising per capita disposable income and increasing travel activity. Increased per capita disposable income will enable more families and individuals to spend on discretionary purchases, such as museum admission fees and merchandise. Additionally, as inbound trips by non-US residents and domestic trips by US residents continues to increase, operators located near major tourist destinations will benefit.

This industry engages in the preservation and exhibition of objects of historical, cultural and educational value and includes art galleries, art museums and other museums in general. This industry does not include commercial art galleries that sell art products and objects.

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
    • Table Major players
    • Table Smithsonian Institution - financial performance*
    • Table J. Paul Getty Museum - financial performance*
  • 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

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