The Psychic Services industry has grown steadily over the five years to 2018 as a result of recovering economic conditions and growing acceptance of industry services among consumers. Following a dip during the economic downturn, rising disposable income levels over the past five years have spurred demand for discretionary services like psychic readings. Furthermore, a long-term shift in consumer perceptions has underpinned growth as industry services are increasingly accepted among mainstream consumers. Overall, industry revenue is projected to rise over the five years to 2018. Over the five years to 2023, industry revenue is expected to continue rising.
The Psychic Services industry includes establishments that offer psychic and fortune-telling services. Industry operators typically provide services in the areas of astrology, aura reading, mediumship, tarot card reading and palmistry, among other metaphysical services.
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.