Cinema Concessions - CIS

CIS

Highlights

In the CIS, revenue in the Cinema Concessions market market is projected to reach US$2.35bn in 2024.
Revenue is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 3.36%, leading to a projected market volume of US$2.77bn by 2029.
Within the Cinema Concessions market market, the anticipated number of viewers in the CIS is expected to amount to 98.0m users by 2029.
User penetration in the CIS will be 37.0% in 2024 and is predicted to rise to 40.0% by 2029.
The average revenue per viewer in the region is expected to reach US$26.14.
In a global context, the majority of revenue will be generated the United States, which is projected to achieve US$9.88bn in 2024.
In the CIS region, cinema concessions are increasingly focusing on premium snack offerings to enhance the overall moviegoing experience and attract diverse audiences.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

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

Customer preferences: Customers in the CIS region have shown a strong preference for cinema concessions, making it an integral part of their movie-going experience. They enjoy the convenience and variety of food and beverages available at the cinema, enhancing their overall enjoyment of the film. The demand for cinema concessions is driven by the desire for a complete entertainment experience, where customers can not only watch a movie but also indulge in delicious snacks and drinks.

Trends in the market: One of the key trends in the Cinema Concessions market in CIS is the increasing popularity of premium and gourmet food options. Cinemas are now offering a wider range of high-quality snacks and beverages, catering to the evolving tastes of customers. This trend is driven by the desire for a more upscale and luxurious cinema experience, where customers can enjoy gourmet popcorn, artisanal chocolates, and craft cocktails. The demand for premium concessions is also influenced by the growing disposable income of consumers in the region, allowing them to indulge in more luxurious food and beverage options. Another trend in the market is the growing emphasis on healthier and more diverse food options. Cinemas are now offering a range of healthier snacks, such as organic popcorn, fruit cups, and vegetable chips, to cater to the increasing health-consciousness of customers. This trend is driven by the global shift towards healthier lifestyles and the growing awareness of the impact of food choices on health. Customers in the CIS region are now seeking healthier alternatives to traditional cinema snacks, and cinemas are responding by offering a wider range of options to meet their needs.

Local special circumstances: The Cinema Concessions market in CIS is also influenced by local special circumstances. For example, in some countries in the region, there is a strong cultural tradition of enjoying food and drinks during movie screenings. This cultural preference for cinema concessions has contributed to the growth of the market in the CIS region. Additionally, the harsh winter climate in some parts of the region has led to an increased demand for warm and comforting food and beverages at cinemas, further driving the growth of the market.

Underlying macroeconomic factors: The growth and development of the Cinema Concessions market in CIS can be attributed to several underlying macroeconomic factors. The region has experienced steady economic growth in recent years, leading to an increase in disposable income and consumer spending. This has allowed customers to allocate a larger portion of their budget to entertainment activities, including cinema concessions. Furthermore, the increasing urbanization and modernization of the CIS region have resulted in a growing number of cinemas and multiplexes, providing more opportunities for customers to enjoy cinema concessions. The combination of these factors has created a favorable environment for the growth of the Cinema Concessions 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.