Box Office - Switzerland

Switzerland

Highlights

In Switzerland, revenue in the Box Office market market is projected to reach US$190.50m in 2024.
Revenue in this market is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 3.68%, leading to a projected market volume of US$228.30m by 2029.
In the Swiss Box Office market market, the number of viewers is anticipated to total 3.6m users by 2029.
User penetration in Switzerland will be 36.7% in 2024 and is expected to increase to 39.1% by 2029.
The average revenue per viewer in Switzerland is projected to be US$58.71.
In a global context, the majority of revenue will be generated the United States, which is expected to reach US$10.14bn in 2024.
Switzerland's box office market is increasingly favoring local productions, reflecting a growing national pride and demand for culturally relevant storytelling.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Box Office market in Switzerland has seen significant growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences: Swiss customers have shown a strong preference for local and international blockbuster films, with a particular interest in action, adventure, and comedy genres. They also value high-quality cinema experiences, including comfortable seating, advanced audiovisual technology, and a wide range of food and beverage options. Swiss customers are willing to pay a premium for these enhanced experiences, contributing to the growth of the Box Office market.

Trends in the market: One notable trend in the Swiss Box Office market is the increasing popularity of 3D and IMAX screenings. Customers are seeking immersive experiences that cannot be replicated at home, and the availability of these technologies has attracted a larger audience to cinemas. Additionally, there has been a rise in the number of film festivals and special screenings, catering to niche interests and offering unique cinematic experiences. These trends have contributed to the overall growth of the Box Office market in Switzerland.

Local special circumstances: Switzerland's multilingual and multicultural society has influenced the Box Office market in unique ways. The country has a diverse population that speaks multiple languages, including German, French, Italian, and English. This linguistic diversity has led to a wide variety of films being screened in different languages, catering to the preferences of different regions within the country. Additionally, Switzerland's geographical location at the heart of Europe has made it a popular destination for international film productions, further contributing to the growth of the Box Office market.

Underlying macroeconomic factors: Switzerland's strong economy and high disposable income levels have played a significant role in the growth of the Box Office market. The country has a high standard of living and a well-developed entertainment industry, allowing customers to spend more on leisure activities such as going to the cinema. Furthermore, Switzerland's stable political environment and reputation for quality and precision have attracted international film studios to collaborate with local production companies, leading to the release of a wide range of films in Swiss cinemas. In conclusion, the Box Office market in Switzerland has experienced growth due to customer preferences for high-quality cinema experiences, the popularity of 3D and IMAX screenings, and the presence of film festivals and special screenings. The country's multilingual and multicultural society, as well as its strong economy and stable political environment, have also contributed to the growth of the market.

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.