Cinema Tickets - Finland

Finland

Highlights

Revenue in the Cinema Tickets market is projected to reach US$67.26m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.50%, resulting in a projected market volume of US$71.38m 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 20.1% in 2024 and is expected to hit 20.4% by 2028.
The average revenue per user (ARPU) is expected to amount to US$60.18.
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 Finland has been experiencing steady growth in recent years, driven by changing customer preferences and trends in the market.

Customer preferences: Finland has a strong cinema-going culture, with a high demand for both local and international films. Customers in Finland value the cinematic experience and are willing to pay for quality entertainment. They prefer to watch movies on the big screen, as it provides a unique and immersive experience that cannot be replicated at home. Additionally, Finnish customers appreciate the variety of films available in cinemas, ranging from Hollywood blockbusters to independent and art-house films.

Trends in the market: One of the key trends in the Cinema Tickets market in Finland is the increasing popularity of online ticket booking. Customers now have the convenience of booking their cinema tickets online, allowing them to choose their preferred seats and avoid long queues at the box office. This trend has been further accelerated by the COVID-19 pandemic, as online ticket booking provides a contactless and safer option for customers. Another trend in the market is the rise of premium cinema experiences. Finnish customers are willing to pay extra for premium features such as IMAX screens, 3D technology, and comfortable seating. These premium experiences enhance the overall cinema experience and attract a larger audience. Cinemas in Finland have been investing in upgrading their facilities to offer these premium experiences, catering to the evolving preferences of their customers.

Local special circumstances: Finland has a relatively small population compared to other European countries, which presents both opportunities and challenges for the Cinema Tickets market. On one hand, the smaller population means that there is a limited customer base. However, it also means that cinemas can focus on providing a more personalized and tailored experience to their customers. Finnish cinemas have been able to create a sense of community and loyalty among their customers by offering a curated selection of films and hosting special events and screenings.

Underlying macroeconomic factors: The overall economic stability and high disposable income in Finland have contributed to the growth of the Cinema Tickets market. Customers have the financial means to spend on entertainment and are willing to allocate a portion of their budget to cinema tickets. Additionally, the Finnish government has implemented policies to support the film industry, such as providing funding for local film productions and promoting Finnish films internationally. These initiatives have helped to boost the local film industry and generate interest among Finnish audiences. In conclusion, the Cinema Tickets market in Finland is developing in response to changing customer preferences and market trends. The increasing popularity of online ticket booking and the demand for premium cinema experiences are driving the growth of the market. Despite the smaller population, Finland's strong cinema culture and high disposable income contribute to the market's steady growth. The government's support for the film industry further enhances the development of the Cinema Tickets market in Finland.

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.