Cinema market share in South Korea 2019

The South Korean cinema market is led by three big movie theatre chains. CGV, which is operated by CJ Corporation, accounted for 49.5 percent of ticket sales in South Korea. Only around 2.8 percent of ticket sales are not made via one of the three multiplex chains.

Cinemas in South Korea

As of March 2020, around 100 cinemas were operating in South Koreas capital Seoul with a total of almost 600 movie screens. In 2019, a record number of around 226.7 million movie tickets were sold in South Korea, an increase of around 4.8 percent compared to the previous year. The box office revenue showed an increase of around 5.5 percent in the same period, resulting in a revenue of around 1.91 trillion South Korean won.

Cinemas and COVID-19

Due to the outbreak of the novel coronavirus (COVID-19) in the beginning of 2020, an increasing number of people avoided public places. After the huge success in 2019, ticket sales plummeted during the outbreak. While the ticket sales revenue in February 2019 was at around 190 billion won, one year later the sales revenue was at only 62.3 billion won. The number of visitors went down from 22.3 million to 7.4 million during the same period. While regular cinemas are struggling, consumers find other ways to watch movies, for example by visiting drive-in cinemas.

Market share of movie theaters in South Korea in 2019

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Source

Release date

March 2020

Region

South Korea

Survey time period

2019

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Statistics on "Film industry in South Korea"

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