This industry includes establishments involved in conservation and exhibition of objects of historical value, archaeological sites, live plant and animal life displays, and natural areas or settings. Museums, zoos and parks are generally non-profit institutions which acquire and conserve objects of historical or cultural value, animal life, and natural areas, and exhibit them for the purpose of study or education. They develop cultural and educational programs for primary schools, secondary schools, teacher training colleges, technical colleges and universities.
The global museums, historical sites, zoos, and parks market was valued at $47.9 billion in 2017. North America was the largest geographic region accounting for $17.6 billion or 36.7% of the global market. And the USA was the largest country accounting for $14.5 billion or 30.3% of the global museums, historical sites, zoos, and parks market.
Changes are being made in the zoos as a result of rise in ethical concern for animals. Initiatives are being implemented to change the way humans experience while visiting a zoo. Concern for animal rights paved many serious policies as to which many zoos have to recondition if they are going to last. For example, Philadelphia Zoo has come up with a Big Cat crossing as a part of zoo360 initiative.
Companies Covered: Krusger, Zoological garden of Berlin, the American Museum of Natural History, National Museum of China, British Museum
Market Segments Included: Museums, Historical Sites, Zoos & Botanical Gardens
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