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Art Classes in the US - Market Research Report (2014-2029)

Jared Ristoff Jared Ristoff New York, United States Last Updated: May 2024 NAICS OD6225 Spotlight Report

Revenue

$167.8m

2024

$167.8m

Past 5-Year Growth

Profit

$XX.Xm

Employees

7,403

Businesses

5,836

Wages

$XX.Xm

Art Classes in the US industry analysis

The Art Classes industry navigated a dynamic and, at times, turbulent period over the five years to 2024. Initially enjoying steady growth driven by rising disposable income and increased interest in personal enrichment, the industry faced significant challenges with the onset COVID-19 in 2020. Lockdowns and social distancing measures forced many studios to close temporarily, leading to a decline in revenue and enrollment. However, the industry demonstrated remarkable resilience. Studios embraced online learning platforms and adapted their offerings to cater to diverse needs, fostering a surge in virtual art classes. This innovation, coupled with a growing societal focus on mental well-being and the therapeutic benefits of artistic expression, led to a rebound in 2021 and 2022. Over the past five years, revenue has increased at a CAGR of 0.7%, reaching $167.8 million in 2024, including a rise of 1.1% in 2024 alone.

Trends and Insights

  • Despite pandemic challenges, the art classes industry demonstrated remarkable resilience and adaptability. Studios embraced online platforms, diversified offerings, and prioritized community building, leading to a rebound in enrollment and a positive outlook for the future.
  • The art classes industry is not a monolithic entity. Different segments and markets have diverse needs and preferences.
  • Studios are increasingly implementing strategies like sliding scale fee structures, scholarships, and accessible facilities to cater to diverse financial backgrounds and abilities. Additionally, offering multilingual classes, partnering with community organizations, and tailoring programs to specific age groups can attract new student segments.

Everything you need in one report

  • Reliable market estimates from 2014-2029
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
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Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated $167.8m in 2024.

Trends and Insights

Art classes are benefiting from pent-up demand and a resurgence in interest in art

  • After navigating pandemic restrictions and closures, many individuals have eagerly resumed in-person activities and pursued passions like art classes. This pent-up demand, particularly for social and engaging experiences, fuels enrollment and contributes to a renewed vibrancy in studios.
  • Additional trends and insights available with purchase
Art Classes in the US
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Technology-driven learning is anticipated to drive industry growth

  • Immersive VR and AR experiences will offer new creative opportunities and enhance student engagement. AI-powered platforms will tailor learning pathways and provide individualized feedback, fostering deeper engagement and skill development. Platforms can recommend curated tutorials, exercises, and art prompts based on student's interests, learning style, and progress.

Biggest companies in the Art Classes in the US

There are no companies that hold a large enough market share in the Art Classes in the US industry for IBISWorld to include in this product.

Products & Services Segmentation

Art Classes in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Ceramics and sculpture classes, Drawing and painting classes and Crafts classes. Ceramics and sculpture classes is the largest segment of the Art Classes in the US.

Trends and Insights

Rising interest in 3D art forms has raised demand for ceramics and sculpture classes

  • In the context of the art classes industry, ceramics and sculpture classes fall under the broader category of 3D art instruction. They offer students the opportunity to explore the creation of physical, three-dimensional artworks using various materials and techniques
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Operators in this industry offer instruction on drawing, painting and other forms of art. These classes can be recreational or vocational.

What's included in this industry?

Drawing and painting classesCeramics and sculpture classesCrafts classes

Companies

Purchase this report to view all major companies in this industry.

Related Terms

K-12 FREEMIUMNATIONAL ENDOWMENT FOR THE ARTS (NEA)

Industry Code

NAICS 2017

NAICS 611610 - Art Classes in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Despite pandemic challenges, the art classes industry demonstrated remarkable resilience and adaptability. Studios embraced online platforms, diversified offerings, and prior...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Factors that influence volatility in the industry
  • Key success factors for businesses to overcome volatility

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The art classes industry is not a monolithic entity. Different segments and markets have diverse needs and preferences.

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Purchase this report to unlock analyst insights.

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each state in 2024
  • Number and share of revenue each state accounts for in 2024
  • Number and share of wages each state accounts for in 2024
  • Number and share of employees in each state in 2024

Detailed analysis

  • Key success factors for businesses to use location to their advantage

Competitive Forces

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.

Analyst insights

Studios are increasingly implementing strategies like sliding scale fee structures, scholarships, and accessible facilities to cater to diverse financial backgrounds and abili...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The growing awareness of the therapeutic benefits of art, including stress reduction, emotional expression, and cognitive stimulation, fuels demand for art classes as a tool f...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Implementing flexible pricing models, exploring alternative revenue streams (art supplies sales, workshops), and leveraging technology can streamline operations and contribute...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Industry Multiples (2017-2022)
  • Industry Tax Structure (2017-2022)
  • Income Statement (2017-2022)
  • Balance Sheet (2017-2022)
  • Liquidity Ratios (2017-2022)
  • Coverage Ratios (2017-2022)
  • Leverage Ratios  (2017-2022)
  • Operating Ratios (2017-2022)
  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Art Classes in the US industry in United States in 2024?

The market size of the Art Classes in the US industry in United States is $167.8m in 2024.

How many businesses are there in the Art Classes in the US industry in 2024?

There are 5,836 businesses in the Art Classes in the US industry in United States, which has grown at a CAGR of 3.3 % between 2019 and 2024.

Has the Art Classes in the US industry in United States grown or declined over the past 5 years?

The market size of the Art Classes in the US industry in United States has been growing at a CAGR of 0.7 % between 2019 and 2024.

What is the forecast growth of the Art Classes in the US industry in United States over the next 5 years?

Over the next five years, the Art Classes in the US industry in United States is expected to grow.

What does the Art Classes in the US in United States include?

Drawing and painting classes and Ceramics and sculpture classes are part of the Art Classes in the US industry.

How competitive is the Art Classes in the US industry in United States?

The level of competition is low and increasing in the Art Classes in the US industry in United States.

Related Industries

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International industries

View all industries in United States

Methodology

How are IBISWorld reports created?

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.

What data sources do IBISWorld analysts use?

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: 

  • US Census Bureau
  • US Bureau of Labor Statistics
  • US International Trade Commission

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:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

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.

How does IBISWorld forecast its data?

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.

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