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

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 five years to 2018 thanks to renewed consumer spending and pent-up demand...purchase to read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 13-18
1.9%
Forecast Growth 18-23
Profit
Employment
56,279
Businesses
3,875
Market Share of Companies
There are no companies with a dominant market share in this industry

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
  • Industry Report - Industry Key Buyers Chapter

    The Strip Clubs industry is highly fragmented, with a large number of owner-operated local and regional enterprises. Few companies manage to operate multiple proprietary clubs across state lines, and no clubs generate revenue greater than 5.0% of the overall industry's revenue. In the Strip Clubs industry, Déjà Vu Consulting Inc. and Rick's Cabaret International (Rick's) are estimated to be the industry leaders by number of total locations. The companies have grown considerably over the past 10 years due to increased merger and acquisition (M&A) activity. In particular, Rick's has grown the number of its establishments organically as well as through acquisitions. Whi...purchase to read more.

    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 expenditure on alcohol and Consumer Confidence Index in the Strip Clubs industry impact industry performance..

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    What's in this report

    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

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita expenditure on alcohol
  • Consumer Confidence Index
  • Per capita disposable income
  • Percentage of smokers
  • Time spent on leisure and sports

  • Current Performance
  • Strong labor market performance strips away barriers to revenue
  • The industry seeks a facelift
  • Public opposition
  • Chart: Revenue Growth

  • Industry Outlook
  • Alcohol and regulation
  • External competition
  • Table: Strip Clubs Industry Revenue Outlook

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

  • 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
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesMarketing and Rent and UtilitiesDepreciationOther 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
    There are no major players in this industry. This report includes analysis of other companies.
    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
    Table: Industry Data for the Strip Clubs Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per Capita Disposable Income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    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.
  • What Our Customers Say

    Why buy this report?

    The Strip Clubs Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    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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