Cinema - CIS | Statista Market Forecast

Cinema - CIS

CIS

Highlights

In the CIS, revenue in the Cinema market is projected to reach US$3.13bn in 2024.
Revenue in this region is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 3.67%, resulting in a projected market volume of US$3.75bn by 2029.
The number of viewers in the Cinema market within 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 forecasted to increase to 40.0% by 2029.
The average revenue per viewer in the CIS is expected to amount to US$34.87.
In a global context, the highest revenue will be generated the United States, with a figure of US$20.98bn in 2024.
In the CIS region, cinema is increasingly embracing digital platforms, reflecting a shift towards more diverse storytelling and greater audience engagement.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Cinema market in CIS has been experiencing significant growth and development in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this positive trend. Customer preferences in the CIS region have shifted towards a greater demand for entertainment and leisure activities. Cinemas provide an escape from everyday life and offer a unique experience that cannot be replicated at home. The growing middle class in the CIS countries has more disposable income to spend on entertainment, and going to the cinema has become a popular choice among consumers of all ages. Additionally, the younger generation, in particular, is drawn to the cinema as a social activity and a way to connect with friends. Trends in the cinema market in the CIS region have also played a significant role in its development. One major trend is the increasing popularity of international films. Hollywood blockbusters and other foreign films are highly anticipated by audiences in the CIS countries, and the demand for these films has been steadily rising. This trend is driven by the desire for high-quality productions and the influence of global film culture. As a result, cinema operators in the CIS region have been focusing on securing distribution rights for popular international films to attract audiences. Local special circumstances in the CIS region have also contributed to the growth of the cinema market. The region has a rich cultural heritage and a strong tradition of storytelling through film. This has created a strong local film industry, with talented filmmakers producing high-quality movies that resonate with audiences in the CIS countries. The success of local films has further fueled the demand for cinema experiences and has encouraged cinema operators to invest in modern facilities and technologies to enhance the movie-watching experience. Underlying macroeconomic factors have also played a role in the development of the cinema market in the CIS region. Economic growth in the region has led to increased consumer spending power, allowing more people to afford cinema tickets. Additionally, favorable government policies and incentives have encouraged investment in the cinema industry, leading to the construction of new cinemas and the expansion of existing ones. The growth of the cinema market has also created job opportunities and contributed to the overall economic development of the CIS countries. In conclusion, the Cinema market in CIS has experienced significant growth and development due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The increasing demand for entertainment and leisure activities, the popularity of international films, the strong local film industry, and favorable macroeconomic conditions have all contributed to the positive trajectory of the cinema market in the CIS region.

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.