Performing Arts Operation in New Zealand - Industry Market Research Report
Description
Performing Arts Operation in New Zealand
Revenue in the Performing Arts Operation industry has declined over the past five years. The COVID-19 pandemic has severely affected the industry, as restrictions and lockdowns prevented shows from occurring. Closed borders since early 2020 prevented international acts from performing in New Zealand and local operators from doing national and international tours. However, growth in government funding has somewhat offset this trend during lockdowns. Industry revenue is forecast to decline at an annualised 1.8% over the five years through to 2021-22, to $203.9 million. New Zealand's success in containing the COVID-19 outbreak has allowed operators to open shows in the current year. Despite this, performances have still been limited due to capacity restrictions and the lack of international acts to bolster demand. Industry revenue is expected to increase by 0.8% in the current year.
Industry players provide and produce live theatre, music and dance, such as ballet, opera and circus performances.
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.
Revenue in the Performing Arts Operation industry has declined over the past five years. The COVID-19 pandemic has severely affected the industry, as restrictions and lockdowns prevented shows from occurring. Closed borders since early 2020 prevented international acts from performing in New Zealand and local operators from doing national and international tours. However, growth in government funding has somewhat offset this trend during lockdowns. Industry revenue is forecast to decline at an annualised 1.8% over the five years through to 2021-22, to $203.9 million. New Zealand's success in containing the COVID-19 outbreak has allowed operators to open shows in the current year. Despite this, performances have still been limited due to capacity restrictions and the lack of international acts to bolster demand. Industry revenue is expected to increase by 0.8% in the current year.
Industry players provide and produce live theatre, music and dance, such as ballet, opera and circus performances.
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
43 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
Search Inside Report
Pricing
Currency Rates
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