Strip Clubs in the US - Industry Market Research Report
Description
Strip Clubs in the US
Strip club operators continue to distance themselves from the negative connotation associated with clubs, and instead market establishments as high-class gentlemen's clubs or cocktail lounges offering adult entertainment. Despite reputation concerns, consumer spending behavior continues to be the main determinant of industry demand. Though conditions have been favorable over the last few years, the outbreak of COVID-19 limited consumer confidence and nonessential spending. In the last five years, industry revenue has been decreasing at a CAGR of 5.1%, and is expected to reach $7.4 billion in 2023. This includes a decline of 1.9% in 2023 alone.
Companies in this industry operate adult entertainment venues in which striptease or other erotic or exotic dance is regularly performed for males, females or mixed audiences. Establishments may also serve food and beverages or offer patrons the opportunity to bring their own beverages. Operators that only license brand names to clubs without directly operating them are excluded.
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.
Strip club operators continue to distance themselves from the negative connotation associated with clubs, and instead market establishments as high-class gentlemen's clubs or cocktail lounges offering adult entertainment. Despite reputation concerns, consumer spending behavior continues to be the main determinant of industry demand. Though conditions have been favorable over the last few years, the outbreak of COVID-19 limited consumer confidence and nonessential spending. In the last five years, industry revenue has been decreasing at a CAGR of 5.1%, and is expected to reach $7.4 billion in 2023. This includes a decline of 1.9% in 2023 alone.
Companies in this industry operate adult entertainment venues in which striptease or other erotic or exotic dance is regularly performed for males, females or mixed audiences. Establishments may also serve food and beverages or offer patrons the opportunity to bring their own beverages. Operators that only license brand names to clubs without directly operating them are excluded.
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
39 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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