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Psychic Services in the US - Industry Market Research Report

Publisher IBISWorld
Published Jul 21, 2025
Length 40 Pages
SKU # IBSS20291465

Description

Psychic Services in the US

The Psychic Services industry has grown steadily due to improved economic conditions before the COVID-19 pandemic and consumer acceptance of psychic services. Over the past five years, rising disposable income levels have spurred demand for discretionary services such as psychic readings. Furthermore, a long-term shift in consumer perceptions has underpinned growth as mainstream consumers increasingly accept psychic services. Nevertheless, demand took a hit from the pandemic in 2020, reducing industry revenue. Overall, industry revenue is projected to rise an annualized 1.5% over the five years to 2023 to $2.3 billion, including a forecast of 1.0% growth in 2023 alone.

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.

Table of Contents

40 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

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