Government drives market demand, with government spending representing 51.5% of total demand in 2020. Qufu Confucius Culture Art Troupe is the largest company in China, generating 0.1% of the industry’s total turnover in 2020. The industry is fragmented, with the top one company generating 0.1% of total turnover in 2020. The total number of companies increases in 2020, to 68,982 units. The costs of the industry increase by 2.3% in 2020, largely driven by rising labour costs. The industry’s profitability increases and stands at 9.0% of turnover in 2020, the 19th highest in the region. With turnover of USD25.3 billion, China accounts for 54.5% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Theatre and Music Production in China: 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 China: ISIC 9214 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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