The Arts Global
Market Report 2020-30 by The Business Research Company describes and explains
the global arts market and covers 2015 to 2020, termed the historic period, and
2020 to 2025, termed the forecast period, along with further forecasts for the
period 2025-2030. The report evaluates the market across each region and for
the major economies within each region.
The Arts Global
Market Report 2021 covers arts market drivers, arts market trends, arts market
segments, arts market growth rate, arts market major players, and arts market
size.
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The arts market report
provides an in-depth analysis of the impact of COVID-19 on the global arts
industry, along with revised market numbers due to the effects of the
coronavirus and the expected arts market growth numbers 2021-2030.
Arts Global Market Report 2021 is the most
comprehensive report available on this market and will help gain a truly global
perspective as it covers 60 geographies. The chapter on the impact of COVID-19
gives valuable insights on supply chain disruptions, logistical challenges, and
other economic implications of the virus on the market. The chapter also covers
markets which have been positively affected by the pandemic.
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The global arts market is expected to grow
from $347.53 billion in 2020 to $405.05 billion in 2021 at a compound annual
growth rate (CAGR) of 16.6%. The growth is mainly due to the companies
rearranging their operations and recovering from the COVID-19 impact, which had
earlier led to restrictive containment measures involving social distancing,
remote working, and the closure of commercial activities that resulted in
operational challenges. The market is expected to reach $552.57 billion in 2025
at a CAGR of 8%.
The global arts market is segmented -
By Type: Museums, Historical Sites, Zoos,
And Parks, Independent Artists And Performing Art Companies, Sports And Arts
Promoters
Subsegments Covered: Museums, Historical
Sites, Zoos & Botanical Gardens, Nature Parks and Other Similar
Institutions, Visual Arts, Performing Arts, Sports Promoters, Arts Promoters
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