Market Insights Digital eServices Event Tickets

Cinema Tickets - Australia & Oceania

Australia & Oceania

Revenue in the Cinema Tickets market is projected to reach US$346.20m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.25%, resulting in a projected market volume of US$363.90m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 4.6m users by 2028.
User penetration will be 10.7% in 2024 and is expected to hit 10.5% by 2028.
The average revenue per user (ARPU) is expected to amount to US$76.60.
In global comparison, most revenue will be generated in China (US$6,963.00m in 2024).
With a projected rate of 22.8%, the user penetration in the Cinema Tickets market is highest in Norway.

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

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Analyst Opinion

The Cinema Tickets market in Australia & Oceania is experiencing steady growth and development due to various factors. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to the positive trajectory of this industry. Customer preferences play a significant role in driving the growth of the Cinema Tickets market in Australia & Oceania. People in this region have a strong affinity for entertainment and cultural experiences, making cinema a popular choice for leisure activities. The demand for cinema tickets is driven by the desire for high-quality audiovisual experiences, the opportunity to watch the latest movies, and the social aspect of going to the cinema with friends and family. Trends in the market further contribute to the development of the Cinema Tickets industry. One notable trend is the increasing popularity of immersive cinema experiences, such as 3D and IMAX screenings. These technologies enhance the viewing experience and attract a larger audience willing to pay a premium for a more immersive experience. Additionally, the rise of online ticketing platforms has made it easier for customers to purchase tickets, leading to increased convenience and accessibility. Local special circumstances also impact the Cinema Tickets market in Australia & Oceania. The region has a vibrant film industry, with both local and international productions being screened in cinemas. This creates a diverse range of movie options for consumers, catering to different tastes and preferences. Furthermore, the region's favorable climate encourages outdoor cinema events, providing unique and enjoyable movie experiences. Underlying macroeconomic factors contribute to the growth of the Cinema Tickets market in Australia & Oceania. The region's steady economic growth and rising disposable incomes enable consumers to allocate more of their budget towards entertainment and leisure activities, including cinema tickets. Additionally, the tourism industry in Australia & Oceania attracts a significant number of international visitors who contribute to the demand for cinema tickets. In conclusion, the Cinema Tickets market in Australia & Oceania is developing and thriving due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The region's love for entertainment, the popularity of immersive cinema experiences, the diverse range of movie options, and the region's favorable economic conditions all contribute to the growth of this industry.

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.