Key regions: South Korea, United Kingdom, Germany, United States, Europe
The Box Office market in Croatia is experiencing significant growth and development in recent years.
Customer preferences: Croatian moviegoers have shown a strong preference for both domestic and international films. They enjoy a wide range of genres, including comedies, dramas, action films, and animated movies. The demand for local content has increased as Croatian filmmakers continue to produce high-quality movies that resonate with the local audience. At the same time, there is also a strong interest in Hollywood blockbusters and films from other countries.
Trends in the market: One major trend in the Croatian Box Office market is the increasing number of movie theaters and screens across the country. This expansion has made movies more accessible to a larger population, leading to a boost in ticket sales. The rise of multiplex cinemas in major cities has also contributed to the growth of the market. These modern theaters offer a comfortable and immersive movie-watching experience, attracting more people to the Box Office. Another trend is the growing popularity of online ticket booking platforms. Croatian moviegoers are increasingly using these platforms to purchase tickets in advance, ensuring their seats for highly anticipated movies. This trend has not only improved convenience for customers but also helped drive up Box Office revenues.
Local special circumstances: Croatia's vibrant film industry and the success of local filmmakers have played a significant role in the development of the Box Office market. The country has a rich cinematic heritage and a strong tradition of storytelling, which has translated into a thriving film industry. The government has also been supportive of the local film industry, providing funding and incentives for film production. This has resulted in a steady output of high-quality Croatian films that resonate with the local audience.
Underlying macroeconomic factors: The growth of the Box Office market in Croatia can be attributed to several underlying macroeconomic factors. The country has experienced steady economic growth in recent years, leading to an increase in disposable income among the population. This has allowed more people to afford movie tickets and contribute to the growth of the Box Office market. Furthermore, Croatia is a popular tourist destination, attracting millions of visitors each year. These tourists also contribute to the Box Office market, as they often visit movie theaters to watch both local and international films. The tourism industry has been growing steadily, and this influx of visitors has had a positive impact on the Box Office market. In conclusion, the Box Office market in Croatia is witnessing significant growth and development due to customer preferences for both domestic and international films, the increasing number of movie theaters and screens, the popularity of online ticket booking platforms, the success of the local film industry, and the underlying macroeconomic factors such as steady economic growth and a thriving tourism industry.
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)
