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Key regions: South Korea, United Kingdom, Germany, United States, Europe
The Box Office market in CIS has been experiencing significant growth in recent years, driven by changing customer preferences and underlying macroeconomic factors.
Customer preferences: One of the key factors driving the growth of the Box Office market in CIS is the increasing preference for entertainment and leisure activities among the population. As disposable incomes have risen, more people are willing to spend on experiences such as going to the movies. Additionally, the popularity of Hollywood blockbusters and local films has also contributed to the growth of the Box Office market in CIS.
Trends in the market: A notable trend in the Box Office market in CIS is the increasing number of cinema screens and multiplexes. This trend can be attributed to the growing demand for a better movie-watching experience, with comfortable seating, advanced audiovisual technology, and a wider range of movie options. As a result, cinema operators are expanding their footprint and investing in new cinemas across the region. Another trend in the market is the rise of online ticket booking platforms. Customers are increasingly using online platforms to book movie tickets, as it offers convenience and the ability to choose seats in advance. This trend has not only made it easier for customers to access movies but has also contributed to the overall growth of the Box Office market in CIS.
Local special circumstances: One of the unique aspects of the Box Office market in CIS is the diversity of languages and cultures in the region. This diversity has led to a demand for a wide range of movies, including both international and local films. As a result, cinema operators are catering to this demand by screening movies in different languages and offering a variety of genres to attract a diverse audience.
Underlying macroeconomic factors: The growth of the Box Office market in CIS can be attributed to several macroeconomic factors. Firstly, the region has seen steady economic growth in recent years, leading to an increase in disposable incomes. This has allowed more people to afford movie tickets and contribute to the growth of the Box Office market. Secondly, the increasing urbanization in CIS countries has also played a role in the growth of the Box Office market. As more people move to cities, they have better access to cinemas and a wider range of entertainment options. This has led to an increase in movie ticket sales and the overall development of the Box Office market in CIS. In conclusion, the Box Office market in CIS is experiencing growth due to changing customer preferences, such as the increasing demand for entertainment and leisure activities. Additionally, the expansion of cinema screens and the rise of online ticket booking platforms are also contributing to the growth of the market. The diversity of languages and cultures in the region, along with underlying macroeconomic factors like economic growth and urbanization, further support the development of the Box Office market in CIS.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the Cinema market, which comprises revenues from box office, advertsing and concessions. The market includes both consumer and advertising spending. All monetary figures refer to consumer spending on tickets and concessions. This spending factors in discounts, margins, and taxes.Modeling approach / market size:
The market size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, and reported performance indicators of key market players. In particular, we consider average prices and annual purchase frequencies.Forecasts:
We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)