Market Insights Digital eServices Event Tickets

Cinema Tickets - Northern Europe

Northern Europe

Revenue in the Cinema Tickets market is projected to reach US$411.60m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.42%, resulting in a projected market volume of US$435.40m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 6.3m users by 2028.
User penetration will be 18.5% in 2024 and is expected to hit 18.7% by 2028.
The average revenue per user (ARPU) is expected to amount to US$66.48.
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

Market

Region

Region comparison

Currency

Analyst Opinion

The Cinema Tickets market in Northern Europe is experiencing significant growth and development in recent years.

Customer preferences: Customers in Northern Europe have shown a strong preference for going to the cinema and watching movies on the big screen. The cinema experience is highly valued in this region, with many people enjoying the immersive atmosphere and high-quality audiovisual effects that can only be experienced in a theater. Additionally, the availability of a wide range of movie genres and the presence of both local and international films cater to the diverse tastes of the audience.

Trends in the market: One of the key trends in the Cinema Tickets market in Northern Europe is the increasing popularity of premium cinema experiences. The demand for luxury seating, advanced audiovisual technologies, and enhanced amenities such as gourmet food and beverage options has been on the rise. This trend reflects the willingness of customers to pay a premium for a more comfortable and exclusive movie-watching experience. Another trend in the market is the growing popularity of online ticket booking platforms. Customers in Northern Europe are increasingly using online platforms to book their cinema tickets, as it offers convenience and flexibility. These platforms provide easy access to movie schedules, seat selection, and online payment options, making it more convenient for customers to plan their movie outings.

Local special circumstances: One of the unique aspects of the Cinema Tickets market in Northern Europe is the strong support for domestic films. Local films are highly regarded and appreciated by the audience, leading to a significant market share for domestic productions. This support for local cinema contributes to the overall growth of the market and encourages the production of more homegrown films.

Underlying macroeconomic factors: The strong economy in Northern Europe plays a significant role in the development of the Cinema Tickets market. With high disposable incomes and a stable economic environment, customers have the financial means to spend on leisure activities such as going to the cinema. The robust economy also attracts international film distributors, leading to a diverse range of movies being available in the region. In conclusion, the Cinema Tickets market in Northern Europe is thriving due to customer preferences for the cinema experience, the increasing popularity of premium cinema experiences, the growing use of online ticket booking platforms, the strong support for domestic films, and the underlying macroeconomic factors such as a strong economy. These factors have contributed to the growth and development of the market, making it a lucrative industry in the region.

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.