Cinema Tickets - Ethiopia

Ethiopia

Highlights

Revenue in the Cinema Tickets market is projected to reach US$376.20k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.31%, resulting in a projected market volume of US$412.30k by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 370.6k users by 2028.
User penetration will be 0.2% in 2024 and is expected to hit 0.3% by 2028.
The average revenue per user (ARPU) is expected to amount to US$1.26.
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 Ethiopia is experiencing significant growth due to changing customer preferences and favorable local special circumstances. Customer preferences in the Cinema Tickets market in Ethiopia have shifted towards a more entertainment-focused lifestyle. With increasing disposable incomes and a growing middle class, consumers are seeking out leisure activities such as going to the cinema. This trend is in line with global market trends, as people worldwide are increasingly looking for experiences rather than material possessions. The desire for entertainment and social interaction has led to a surge in demand for cinema tickets in Ethiopia. In addition to changing customer preferences, local special circumstances have also contributed to the development of the Cinema Tickets market in Ethiopia. The country has seen a rapid urbanization trend in recent years, with more people moving to cities in search of better opportunities. This urbanization has led to the establishment of modern cinema complexes in major cities, offering a wide range of movie options and enhanced viewing experiences. The availability of these modern cinema facilities has made going to the movies a popular activity for both locals and tourists. Furthermore, the Ethiopian film industry has been gaining recognition both domestically and internationally. Local filmmakers are producing high-quality movies that resonate with Ethiopian audiences, showcasing the country's rich culture and heritage. This has generated a sense of pride among Ethiopians, leading to increased support for the local film industry. As a result, there is a growing demand for cinema tickets to watch these locally produced films, further driving the growth of the Cinema Tickets market in Ethiopia. Underlying macroeconomic factors also play a role in the development of the Cinema Tickets market in Ethiopia. The country has been experiencing steady economic growth, which has resulted in rising incomes and improved living standards. This has allowed more people to afford cinema tickets and indulge in leisure activities. Additionally, the government has been actively promoting the entertainment industry as part of its efforts to boost tourism and attract foreign investment. This has led to increased investment in cinema infrastructure and the expansion of the film industry, further fueling the growth of the Cinema Tickets market in Ethiopia. In conclusion, the Cinema Tickets market in Ethiopia is developing due to changing customer preferences, favorable local special circumstances, and underlying macroeconomic factors. As consumers seek out entertainment experiences and the local film industry gains recognition, the demand for cinema tickets continues to rise. With the country's urbanization trend and economic growth, the Cinema Tickets market in Ethiopia is expected to further expand in the coming years.

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.