Cinema Tickets - Chile

Chile

Highlights

Revenue in the Cinema Tickets market is projected to reach US$11.13m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.71%, resulting in a projected market volume of US$12.39m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 1.1m users by 2028.
User penetration will be 2.6% in 2024 and is expected to hit 3.2% by 2028.
The average revenue per user (ARPU) is expected to amount to US$11.35.
In global comparison, most revenue will be generated China (US$6.96bn in 2024).
With a projected rate of 22.8%, the user penetration in the Cinema Tickets market is highest Norway.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Cinema Tickets market in Chile has been experiencing significant growth in recent years.

Customer preferences: Chilean consumers have shown a strong preference for cinema as a form of entertainment. This can be attributed to several factors, including the increasing availability of high-quality films and the growing popularity of international cinema. Additionally, the cinema experience itself has become more appealing to consumers, with comfortable seating, advanced audiovisual technology, and a wide range of food and beverage options.

Trends in the market: One of the key trends in the Cinema Tickets market in Chile is the rise of digital ticketing platforms. These platforms have made it easier for consumers to purchase tickets online, eliminating the need to wait in long queues at the cinema. This convenience factor has contributed to the overall growth of the market, as it has attracted more consumers who may have been deterred by the hassle of purchasing tickets in person. Another trend in the market is the increasing popularity of premium cinema experiences. In recent years, several cinema chains in Chile have introduced premium offerings, such as luxury seating, gourmet food and beverages, and exclusive screenings. These premium experiences have resonated with consumers who are willing to pay a higher price for a more luxurious and immersive cinema experience.

Local special circumstances: Chile has a vibrant film industry, with a number of successful local productions. This has contributed to the popularity of cinema among Chilean consumers, who are eager to support and watch homegrown films. The government has also played a role in promoting the local film industry through various initiatives and incentives, further boosting the demand for cinema tickets.

Underlying macroeconomic factors: The growth of the Cinema Tickets market in Chile can be attributed to several underlying macroeconomic factors. Firstly, the country has experienced steady economic growth in recent years, which has led to an increase in disposable income among consumers. This has allowed more individuals to afford cinema tickets and contribute to the growth of the market. Additionally, the growing middle class in Chile has resulted in a larger consumer base for cinema tickets, as more individuals have the financial means to indulge in entertainment activities. In conclusion, the Cinema Tickets market in Chile is experiencing significant growth due to customer preferences for cinema as a form of entertainment, the rise of digital ticketing platforms, the popularity of premium cinema experiences, the local special circumstances of a vibrant film industry, and underlying macroeconomic factors such as steady economic growth and an expanding middle class.

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.