Performing Arts Companies - 2022 U.S. Market Research Report with Updated COVID-19 Forecasts
The 2022 Performing Arts Companies Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2013-2026.
This Kentley Insights report includes historical and forecasted market size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, locations, employees, payroll, and much more.
The Performing Arts Companies industry comprises (1) companies, groups, or theaters primarily engaged in producing the following live theatrical presentations: musicals; operas; plays; and comedy, improvisational, mime, and puppet shows and (2) companies, commonly known as dinner theaters, engaged in producing live theatrical productions and in providing food and beverages for consumption on the premises. Theater groups or companies may or may not operate their own theater or other facility for staging their shows.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:
INDUSTRY SIZE
In 2021, industry sales were $16.6 billion
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INDUSTRY GROWTH
Over the past 3 years, the industry has declined at an annual rate of -6.4%
The report has historical, annual and forecasted growth rates
COMPANY GROWTH
There are 9,103 companies in the industry
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SALES PER COMPANY
In 2021, the average sales per company was $1.8 million
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INFLATION & PRICING
2020 inflation was 1.9%
The report has historicals (2013-2021), 4 years of monthly figures, and 2022 & 5-year forecast
PROFITABILITY
For unprofitable companies, the average net loss is -14.3%
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RIGHTSIZING ANALYSIS
Employee productivity is $127,425
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EXPENSE BENCHMARKING
1.6% of expenses is spent on health insurance
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OPERATING EXPENSES
In 2021, industry operating expenses grew 32.6%
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PAYROLL
In 2021, payroll per employee was $37,784
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PAYROLL BY STATE
California averages $44,316 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
6% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $20.25
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The above stats represent a small fraction of what you will find in this report.
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