Cinema Tickets - United States

  • United States
  • Revenue in the Cinema Tickets market is projected to reach £2.19bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.32%, resulting in a projected market volume of £2.40bn by 2028.
  • In the Cinema Tickets market, the number of users is expected to amount to 53.7m users by 2028.
  • User penetration will be 13.7% in 2024 and is expected to hit 15.5% by 2028.
  • The average revenue per user (ARPU) is expected to amount to £47.44.
  • In global comparison, most revenue will be generated in China (£5,354.00m in 2024).
  • With a projected rate of 22.8%, the user penetration in the Cinema Tickets market is highest in Norway.

Key regions: Europe, Asia, Japan, China, South Korea

 
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Analyst Opinion

The Cinema Tickets market in United States has experienced significant growth in recent years, driven by changing customer preferences and the rise of new trends in the market.

Customer preferences:
Customers in United States have shown a strong preference for watching movies in theaters, as it offers a unique and immersive experience that cannot be replicated at home. The big screen, high-quality sound, and comfortable seating are all factors that contribute to the appeal of watching movies in theaters. Additionally, the social aspect of going to the movies with friends and family is also highly valued by customers.

Trends in the market:
One of the key trends in the Cinema Tickets market in United States is the increasing popularity of premium movie experiences. Customers are willing to pay a higher price for luxury seating, gourmet food and drinks, and other premium amenities. This trend is driven by the desire for a more exclusive and comfortable movie-watching experience. Another trend is the growing popularity of 3D and IMAX movies, which offer a more immersive and visually stunning experience. These trends have led to an increase in ticket prices and overall revenue in the market.

Local special circumstances:
The United States has a strong and well-established film industry, which contributes to the popularity of the Cinema Tickets market. Hollywood movies are highly anticipated and attract a large number of customers to theaters. Additionally, the United States has a large population with high disposable income, which allows for a greater demand for cinema tickets.

Underlying macroeconomic factors:
The strong performance of the Cinema Tickets market in United States can also be attributed to favorable macroeconomic factors. The country has a stable economy and a high standard of living, which allows for greater spending on entertainment activities such as going to the movies. Additionally, the growth of the digital streaming industry has not had a significant negative impact on the Cinema Tickets market in United States, as customers still value the unique experience of watching movies in theaters. Overall, the Cinema Tickets market in United States is thriving due to customer preferences for the theater experience, the emergence of new trends such as premium movie experiences, and favorable macroeconomic factors. The market is expected to continue growing in the coming years, driven by the strong demand for cinema tickets and the constant innovation in the industry.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Demographics
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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