Overview

Good performance: Consumer spending and pent-up demand will increase revenue

IBISWorld’s Strip Clubs market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth
12-17
1.8%
Annual Growth
17-22
Profit
Employment
57,375
Business
3,948

Industry Threats & Opportunities

  • Operators in the industry typically offer add-on services, such as VIP rooms, in addition to public dances
  • Operators have implemented cigar bars and cocktail lounges to attract a more refined clientele
  • Illegal prostitution will continue to compete with strip clubs

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    Industry Analysis & Industry Trends

    Strip clubs experience relatively constant demand. Although changes in consumer spending and behavior 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 over the next five years thanks to renewed consumer spending and pent-up demand...

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    Industry Report - Industry Investment Chapter

    The Strip Clubs industry exhibits a medium level of capital intensity. In line with the hospitality sector as a whole, strip clubs require a significant level of personalized service. Well-trained servers and bartenders are needed to cater to patrons' varying needs and provide a high level of attentive service. Operators also employ bouncers and additional security personnel to maintain a safe environment on site. Equally important as personalized service is the clubs appearance, which requires investment in large TVs, furniture, kitchen equipment and security. Upgrades and renovations are essential for industry operators to attract a high-earning clientele and keep their image fresh. In 2017, IBISWorld expects that for every $1.00 spent on wages, the industry will allocate $0.15 t..

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    Additional Insights for the Strip Clubs Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Strip Clubs Industry are

  • Access to skilled performers
  • Having a loyal customer base
  • Obtaining the proper licenses and permits
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Per capita expenditure on alcohol in the Strip Clubs industry impact industry performance..

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    Industry Products

    What is the Strip Clubs Industry?

    Companies in this industry operate adult entertainment venues in which striptease or other erotic or exotic dance is regularly performed for males, females or mixed audiences. Establishments may also serve food and beverages or offer patrons the opportunity to bring their own beverages. Operators that only license brand names to clubs without directly operating them are excluded.

    Industry Products
    Alcohol
    Food and merchandise
    Service revenue
    Other services
    Industry Activities
    Collecting cover charges
    Selling alcoholic and other beverages
    Collecting tips from public dances
    Collecting fees from private dances
    Collecting fees from other services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Per capita expenditure on alcohol
  • Price of computers and peripheral equipment
  • Time spent on leisure and sports
  • Percentage of smokers

  • Current Performance
  • Disposable income growth provides boon
  • The industry seeks a facelift
  • Public opposition
  • Chart: Revenue Growth

  • Industry Outlook
  • Alcohol worries
  • External competition
  • Minimum wage fight
  • Table: Strip Clubs Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Strip Clubs Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Beer Wholesaling
  • Consumer Electronics Stores
  • Frozen Food Wholesaling
  • Janitorial Services
  • Security Services
  • Soft Drink, Baked Goods & Other Grocery Wholesaling
  • Wine & Spirits Wholesaling

  • Products & Services
  • Alcohol
  • Service revenue
  • Food and merchandise
  • Other services
  • Chart: Strip Clubs Industry Products and Services Segmentation

  • Demand Determinants
  • Income and expenditure
  • Per capita alcohol consumption

  • Major Markets
  • Males with an income of $50,000 to $100,000
  • Males with an income of $100,000 and above
  • Males with an income of less than $50,000
  • Women
  • Chart: Major Market Segmentation for the Strip Clubs Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Marketing and Rent and Utilities
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Strip Clubs

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Strip Clubs Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Strip Clubs Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Strip Clubs Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per Capita Disposable Income (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Byob
  • An acronym for "bring your own bottle" or beverage, sometimes employed by strip club operators in states with tougher liquor laws.
  • Champagne Room
  • A private VIP room typically found only in high-end strip clubs for private one-on-one dances. Customers typically pay an expensive entry fee to enter or must maintain a membership.
  • Lap Dance
  • A strip club service in which a dancer performs one-on-one with a patron, usually for the duration of one song, for a previously set fee.
  • Point Of Sale System
  • A computerized network with a main computer linked to several checkout terminals. POS systems streamline ordering processes and provide analysis on sales and inventory.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Strip Clubs:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Strip Clubs market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Strip Clubs, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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