$7.7bn
$XXX.Xm
29,568
4,011
$X.Xbn
Strip club operators continue to distance themselves from the negative connotations associated with clubs and instead market establishments as high-class gentlemen's clubs or cocktail lounges offering adult entertainment. Despite reputation concerns, consumer spending behavior remains the primary determinant of industry demand. Though conditions have been favorable over the last few years, COVID-19 limited consumer confidence and nonessential spending. Over the past five years, industry revenue has fallen at a CAGR of 2.7%, reaching $7.7 billion in 2024. This includes a decline of 0.1% in 2024 alone.
Industry revenue has declined at a CAGR of 2.7 % over the past five years, to reach an estimated $7.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($short_0)
2024 | Profit ($short_0)
2024 | Profit Margin (%)
2024 |
---|
There are no companies that hold a large enough market share in the Strip Clubs in the US industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Alcohol , Food and merchandise and Service revenue. Alcohol is the largest segment of the Strip Clubs in the US.
Alcohol is a major source of revenue
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-gender 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.
Purchase this report to view all major companies in this industry.
NAICS 72241 - Strip Clubs in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Due to the highly discretionary nature of strip clubs, industry revenue expanded during economic upswings. COVID-19 halted industry growth as social distancing regulations an...
Learn about an industry's products and services, markets and trends in international trade.
Strip clubs generate most revenue from food and alcoholic beverage sales and often charge entry fees. Besides, high-end clubs offer wealthy patrons private VIP tables and roo...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Establishment concentration in the Strip Club industry generally mirrors the distribution of the population as a whole. The most successful strip clubs tend to be in densely ...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The Strip Clubs industry is highly fragmented, with many owner-operated local and regional enterprises. Few companies operate multiple proprietary clubs across state lines an...
Learn about the performance of the top companies in the industry.
The Strip Clubs industry has no leading company due to market fragmentation. The industry comprises many small, independent clubs that operate on a local or regional level, m...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Strip Clubs industry is subject to a high level of regulation. Regulations placed on the industry are primarily state-based and vary from state to state. However, establi...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Cost structures vary widely depending on their size, food and beverage offerings, location and use of technology. The larger the strip club, the higher the profit, as operato...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Strip Clubs in the US industry in United States is $7.7bn in 2024.
There are 4,011 businesses in the Strip Clubs in the US industry in United States, which has grown at a CAGR of 0.1 % between 2019 and 2024.
The market size of the Strip Clubs in the US industry in United States has been declining at a CAGR of 2.7 % between 2019 and 2024.
Over the next five years, the Strip Clubs in the US industry in United States is expected to grow.
Collecting cover charges and Selling alcoholic and other beverages are part of the Strip Clubs in the US industry.
The level of competition is moderate and increasing in the Strip Clubs in the US industry in United States.