Independent Artists And Performing Art Companies Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Major companies in the independent artists and performing art companies market include Lyric Opera of Chicago; AMC Entertainment Holdings Inc; Regal Entertainment Group; Carmike Cinemas Inc and The Metropolitan Opera Association.

New York, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Independent Artists And Performing Art Companies Global Market Report 2021: COVID 19 Impact and Recovery to 2030" - https://www.reportlinker.com/p06018785/?utm_source=GNW


The global independent artists and performing art companies market is expected to grow from $156.04 billion in 2020 to $181.39 billion in 2021 at a compound annual growth rate (CAGR) of 16.2%. 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 $244.6 billion in 2025 at a CAGR of 8%.

The independent artists and performing art companies services market consists of sales of independent artists and performing art companies’ services and related goods by entities (organizations, sole traders and partnerships) that are involved in performing in artistic productions, creating artistic and cultural works, and providing technical expertise necessary for these productions. The providers also include athletes and others that endorse products, including independent actors, authors, cameramen, choreographers, costume designers, dancers, music directors, speakers, and writers. The independent artists and performing art companies market is segmented into visual arts and performing arts.

Asia Pacific was the largest region in the global independent artists and performing art companies market, accounting for 32% of the market in 2020. Western Europe was the second largest region accounting for 32% of the global independent artists and performing art companies market. Africa was the smallest region in the global independent artists and performing art companies market.

Performing arts companies are partnering with military and veterans organizations, urban equity programs, and businesses to address social issues. These partnerships allows them to achieve their mutual goals of building audiences, cutting costs and addressing homelessness, hunger, and other social issues. For instance, in Miami, design, tourism and business leaders, and zoo management collaborated through the Miami Dade County Department of Cultural Affairs to change the course of the addressed issues through government policies.


Read the full report: https://www.reportlinker.com/p06018785/?utm_source=GNW

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