Cinema Concessions - Malta

Malta

Highlights

In Malta, revenue in the Cinema Concessions market market is projected to reach US$1.50m in 2024.
Revenue is expected to exhibit an annual growth rate (CAGR 2024-2029) of 3.38%, resulting in a projected market volume of US$1.77m by 2029.
Within the Cinema Concessions market market in Malta, the number of viewers is anticipated to amount to 95.8k users by 2029.
User penetration in Malta will be 16.6% in 2024, with expectations to rise to 17.6% by 2029.
The average revenue per viewer in Malta is expected to reach US$16.84.
In a global context, the highest revenue will be generated the United States, amounting to US$9.88bn in 2024.
In Malta, cinema concessions are increasingly focusing on gourmet snack offerings to enhance the overall cinematic experience and attract diverse audiences.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Cinema Concessions market in Malta has been experiencing significant growth in recent years.

Customer preferences: Maltese cinema-goers have shown a strong preference for a wide variety of concessions when attending movies. Popcorn and soft drinks remain the most popular choices, but there has been a growing demand for other snacks such as nachos, hot dogs, and candy. This trend can be attributed to the increasing influence of Western culture and the desire for a more immersive cinema experience. Additionally, the availability of premium concessions, such as gourmet popcorn flavors and craft sodas, has also contributed to the growing popularity of cinema concessions in Malta.

Trends in the market: One of the key trends in the cinema concessions market in Malta is the emphasis on offering healthier options. As consumers become more health-conscious, there has been a shift towards providing healthier snacks and beverages at movie theaters. This includes options such as air-popped popcorn, fruit juices, and gluten-free snacks. The introduction of these healthier options has not only catered to the changing preferences of the customers but has also helped cinema chains attract a wider audience, including health-conscious individuals and families. Another trend in the market is the integration of technology to enhance the concessions experience. Many cinema chains in Malta have implemented self-service kiosks and mobile apps that allow customers to pre-order their concessions and skip the queues. This not only improves efficiency but also provides a more convenient and seamless experience for customers. Additionally, some cinemas have started offering personalized recommendations based on customer preferences and previous purchases, creating a more personalized and tailored concessions experience.

Local special circumstances: One of the unique aspects of the cinema concessions market in Malta is the influence of the local cuisine. Maltese cuisine is known for its Mediterranean flavors and influences from neighboring countries. This has translated into the cinema concessions market, with theaters offering local snacks and beverages alongside the traditional concessions. Local delicacies such as pastizzi (flaky pastries filled with cheese or peas) and kinnie (a popular Maltese soft drink) have become popular choices among cinema-goers, providing a taste of the local culture within the cinema environment.

Underlying macroeconomic factors: The growth of the cinema concessions market in Malta can be attributed to several underlying macroeconomic factors. Firstly, the overall growth of the cinema industry in Malta has contributed to the increased demand for concessions. The rising disposable income and changing lifestyles of the Maltese population have resulted in more people going to the movies, leading to a higher demand for concessions. Additionally, the tourism industry in Malta has been booming in recent years, with a significant increase in the number of tourists visiting the country. This has also contributed to the growth of the cinema concessions market, as tourists often indulge in the local cinema experience and enjoy trying out the different concessions available. Overall, the Cinema Concessions market in Malta has been driven by customer preferences for a wide variety of concessions, including healthier options and the integration of technology. The local special circumstances, such as the influence of the local cuisine, have also played a role in shaping the market. The underlying macroeconomic factors, including the growth of the cinema industry and the tourism sector, have further fueled the expansion 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.