Cinema Concessions - Brazil

Brazil

Highlights

In Brazil, revenue in the Cinema Concessions market market is projected to reach US$455.10m in 2024.
Revenue is expected to exhibit an annual growth rate (CAGR 2024-2029) of 4.61%, leading to a projected market volume of US$570.00m by 2029.
By 2029, the number of viewers in the Cinema Concessions market market in Brazil is anticipated to amount to 39.7m users.
User penetration in Brazil will be 15.8% in 2024 and is expected to increase to 17.8% by 2029.
The average revenue per viewer in Brazil is projected to be US$13.21.
In a global context, the highest revenue will be generated the United States, with an expected total of US$9.88bn in 2024.
In Brazil, the cinema concessions market is experiencing a shift towards healthier snack options, reflecting growing consumer demand for wellness and sustainability.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Cinema Concessions market in Brazil is experiencing significant growth and development.

Customer preferences: Brazilian consumers have shown a strong affinity for cinema concessions, making it an integral part of their movie-going experience. Customers enjoy the convenience of purchasing snacks and beverages at the cinema, enhancing their overall enjoyment of the movie. The availability of a wide range of options, including popcorn, candy, and soft drinks, caters to different tastes and preferences. Additionally, the trend of indulging in gourmet and premium concessions has gained popularity among Brazilian moviegoers, further driving the growth of the market.

Trends in the market: One of the key trends in the Brazilian Cinema Concessions market is the increasing demand for healthier snack options. As consumers become more health-conscious, there is a growing preference for snacks that are low in calories and contain natural ingredients. This has led to the introduction of healthier alternatives such as air-popped popcorn, baked chips, and organic beverages. Cinema chains are also partnering with local health food brands to offer a wider selection of nutritious options, catering to the evolving tastes of the customers. Another trend in the market is the integration of technology to enhance the customer experience. Many cinema chains in Brazil are implementing self-service kiosks and mobile apps, allowing customers to order and pay for concessions in advance. This not only reduces waiting times but also provides a seamless and convenient way for customers to customize their orders. Additionally, some cinemas are exploring the use of interactive screens and digital menu boards to engage customers and promote new products.

Local special circumstances: Brazil has a rich culinary culture, and this is reflected in the Cinema Concessions market. Local flavors and traditional snacks are often incorporated into the concession offerings, providing a unique and authentic experience for moviegoers. Brazilian delicacies such as brigadeiros (chocolate truffles), pão de queijo (cheese bread), and açaí bowls are increasingly being featured in cinema concession stands, appealing to the local palate.

Underlying macroeconomic factors: The growth of the Cinema Concessions market in Brazil can be attributed to several underlying macroeconomic factors. Firstly, the increasing disposable income of the middle class has allowed consumers to spend more on leisure activities, including going to the movies and purchasing concessions. Additionally, the rising urbanization and changing lifestyles have led to an increase in the number of multiplex cinemas, providing a larger customer base for the concessions market. Furthermore, the growing popularity of international films and the expansion of Hollywood studios in Brazil have contributed to the overall growth of the cinema industry, driving the demand for concessions. In conclusion, the Cinema Concessions market in Brazil is witnessing a surge in growth and development. Customer preferences for a wide range of options, including healthier snacks, and the integration of technology are driving the market trends. Local flavors and the country's macroeconomic factors, such as increasing disposable income and the growth of the cinema industry, further contribute to the market's expansion.

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.