A recent study by Festickets has concluded that the musical festival business is growing at a rapid pace and more people are attending music festivals than ever before.
As Europeâs leading music festival travel platform, Festickets has unprecedented access to data regarding music festivals and the people who attend them. For this study, Festickets tapped its user base more than one million subscribers in order to reveal trends that are driving the industry.
Zack Sabban, the co-founder and CEO Festickets, touched on how fascinating it is to see how the industry is evolving:
âAfter five years working with festivals worldwide, and gathering data insights from the front-line, itâs amazing to see how the market keeps growing and changing over time. More people are going to festivals than ever before, and theyâre travelling further to find the experience theyâre looking for. At the same time, festivals themselves are diversifying and expanding, creating more choice for fans.â
Some interesting takeaways from the report include that 67% patrons choose to camp at festivals, 48% attendees at European festivals are from abroad and within the next four years the industry is expected to grow by nearly â¬2 billion.
View the infographic below for the complete study.
Harrison is Mixmag's East Coast Editor. Follow him on Twitter