Cinema Tickets - ASEAN

  • ASEAN
  • Revenue in the Cinema Tickets market is projected to reach US$327.80m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.85%, resulting in a projected market volume of US$381.30m by 2028.
  • In the Cinema Tickets market, the number of users is expected to amount to 38.0m users by 2028.
  • User penetration will be 0.00 in 2024 and is expected to hit 0.00 by 2028.
  • The average revenue per user (ARPU) is expected to amount to US$9.37.
  • In global comparison, most revenue will be generated in China (US$6,963.00m in 2024).
  • With a projected rate of 0, the user penetration in the Cinema Tickets market is highest 0.

Key regions: Europe, Asia, Japan, China, South Korea

 
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Analyst Opinion

The Cinema Tickets market in ASEAN has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances. Customer preferences in the Cinema Tickets market have shifted towards a more immersive and interactive experience. Moviegoers are increasingly seeking out theaters that offer premium amenities such as comfortable seating, state-of-the-art sound and visual technology, and a wide selection of food and beverages. This trend is fueled by the desire for a more enjoyable and convenient movie-watching experience. Trends in the market include the rise of digital ticketing platforms, which allow customers to purchase tickets online or through mobile apps. This has made it easier for moviegoers to book tickets in advance and avoid long queues at the box office. Additionally, the availability of online reviews and ratings has empowered consumers to make more informed decisions about which movies to watch and which theaters to visit. Local special circumstances also play a role in the development of the Cinema Tickets market in ASEAN. For example, the region has a large and growing middle class with increasing disposable income, which has led to higher levels of movie ticket spending. Furthermore, the popularity of local film industries in countries like Indonesia and Thailand has contributed to the growth of the market. Audiences are increasingly interested in watching local films, which has boosted ticket sales and encouraged the development of more cinemas. Underlying macroeconomic factors such as population growth, urbanization, and rising incomes are driving the expansion of the Cinema Tickets market in ASEAN. As more people move to cities and their incomes rise, they have more disposable income to spend on entertainment activities like going to the movies. Additionally, the growing population in the region means that there is a larger potential customer base for cinemas. In conclusion, the Cinema Tickets market in ASEAN is developing rapidly due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. As consumers seek out more immersive and convenient movie-watching experiences, theaters are adapting by offering premium amenities and digital ticketing options. The popularity of local film industries and the growing middle class in the region are also contributing to the market's growth. With continued urbanization and rising incomes, the Cinema Tickets market in ASEAN is expected to continue expanding in the coming years.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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