Market Insights Digital eServices Event Tickets

Cinema Tickets - Mexico

Mexico

Revenue in the Cinema Tickets market is projected to reach US$141.30m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.67%, resulting in a projected market volume of US$157.00m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 12.3m users by 2028.
User penetration will be 8.7% in 2024 and is expected to hit 8.9% by 2028.
The average revenue per user (ARPU) is expected to amount to US$12.06.
In global comparison, most revenue will be generated in China (US$6,963.00m 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

Market

Region

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Currency

Analyst Opinion

The Cinema Tickets market in Mexico has been experiencing steady growth in recent years.

Customer preferences: Mexican consumers have shown a strong preference for going to the movies as a form of entertainment. The cinema experience allows them to escape from their daily routines and immerse themselves in a different world. Additionally, going to the movies is often seen as a social activity, with friends and family members gathering to enjoy a film together. Mexican consumers also appreciate the convenience of modern cinemas, which offer comfortable seating, advanced audiovisual technology, and a wide variety of food and beverage options.

Trends in the market: One of the key trends in the Mexican Cinema Tickets market is the increasing popularity of blockbuster films. Mexican audiences have shown a strong interest in Hollywood productions, particularly those with action, adventure, and superhero themes. This trend has led to a rise in the number of cinemas and screens in the country, as well as an increase in the overall box office revenue. Additionally, there has been a growing demand for 3D and IMAX screenings, as Mexican consumers seek a more immersive and visually stunning cinema experience.

Local special circumstances: Mexico has a vibrant film industry of its own, producing a significant number of domestic films each year. While Hollywood films dominate the box office, there is a dedicated audience for Mexican cinema. Local film festivals and events showcase the talent and creativity of Mexican filmmakers, attracting both domestic and international audiences. This support for domestic films contributes to the overall growth of the Cinema Tickets market in Mexico.

Underlying macroeconomic factors: Mexico's growing middle class and increasing disposable income have played a significant role in the development of the Cinema Tickets market. As more Mexicans have the financial means to afford leisure activities, they are more likely to spend money on going to the movies. Additionally, the country's urbanization and population growth have led to the expansion of cinemas in major cities and towns, making moviegoing more accessible to a larger number of people. In conclusion, the Cinema Tickets market in Mexico is growing due to customer preferences for the cinema experience, the popularity of blockbuster films, the support for domestic cinema, and underlying macroeconomic factors such as the growing middle class and urbanization. This market is expected to continue its upward trajectory as more Mexicans seek out the entertainment and social experience of going to the movies.

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.