Industry Analysis & Industry Trends
Strip clubs enjoy relatively constant demand. Although changes in consumer spending (per capita disposable income) and behavior (smoking and drinking) can create year-to-year fluctuations in strip club revenue, demand for the industry as a whole persists over time. Despite recession-induced dips early in the period, IBISWorld expects overall revenue to increase during the five years to 2012, and revenue is expected to grow through 2017 on the back of renewed consumer spending and pent-up demand.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld analysis reveals the Strip Clubs industry is in a growth stage of its life cycle. Over the 10 years to 2017, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to grow at an average rate of 6.6% per year. In comparison, US GDP is forecast to rise at an average rate of 1.9% annually during the same period. The discrepancy between IVA and GDP usually indicates an industry in the midst of growth, and ongoing technological changes as well as widening markets further point to this industry's growth.
Technological changes in audio, video, web and mobile technology favor the industry... purchase to read more