Government drives market demand, with government spending representing 51.8% of total demand in 2021. Opera Australia is the largest company in Australia, generating 1.7% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 3.4% of total production value in 2021. The total number of companies increases in 2021, to 17,321 units. The costs of the industry increase by 24.1% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 17.8% of turnover in 2021, the 17th highest across the top 20 developed countries. With turnover of USD4.2 billion, Australia accounts for 84.6% of the Australasia total in 2021.
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This Euromonitor industrial report provides unique information on Theatre and Music Production in Australia: ISIC 9214. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Theatre and Music Production in Australia: ISIC 9214 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of filmmaking, movie theatres, radio and TV, theatre and music production, amusement parks and entertainment services, news agencies, library, museums and cultural services, and sporting and recreational services.See All of Our Definitions
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