Cinema Tickets - South America

South America

Highlights

Revenue in the Cinema Tickets market is projected to reach US$379.80m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.12%, resulting in a projected market volume of US$429.50m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 25.7m users by 2028.
User penetration will be 5.8% in 2024 and is expected to hit 6.1% by 2028.
The average revenue per user (ARPU) is expected to amount to US$15.76.
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 South America is experiencing significant growth and development. Customer preferences in the region show a strong demand for cinematic experiences. South American audiences have a deep appreciation for film and enjoy going to the cinema as a form of entertainment. The cinema culture in South America is vibrant and dynamic, with a diverse range of genres and films being screened. Customers in the region value the immersive experience that the cinema provides, as well as the opportunity to socialize with friends and family. The cinema is seen as a popular leisure activity and a way to escape from everyday life. Trends in the market indicate that the cinema industry in South America is expanding rapidly. The number of cinema screens and theaters has been increasing steadily, catering to the growing demand for cinematic experiences. This growth can be attributed to various factors such as the rising disposable incomes of consumers, urbanization, and the increasing popularity of international films. The cinema industry in South America is also benefiting from advancements in technology, with the introduction of digital projection and 3D screenings. Local special circumstances play a significant role in the development of the Cinema Tickets market in South America. The region has a rich cultural heritage and a strong tradition of storytelling through film. This has led to the emergence of a vibrant local film industry, with South American filmmakers producing critically acclaimed movies that resonate with local audiences. The presence of local films alongside international blockbusters contributes to the diversity of film offerings and attracts a wide range of customers. Underlying macroeconomic factors also contribute to the growth of the Cinema Tickets market in South America. The region has experienced steady economic growth in recent years, leading to an increase in disposable incomes. As a result, consumers have more money to spend on leisure activities such as going to the cinema. Additionally, the growth of the middle class in South America has created a larger consumer base for the cinema industry. The expanding urban population and the development of shopping malls and entertainment complexes have also contributed to the growth of the cinema market in the region. In conclusion, the Cinema Tickets market in South America is developing at a rapid pace due to customer preferences for cinematic experiences, trends in the market, local special circumstances, and underlying macroeconomic factors. The region's love for film, the increasing number of cinema screens, and the growth of the local film industry are all contributing to the expansion of the market. With the continued economic growth and the evolving preferences of South American consumers, the future of the Cinema Tickets market in the region looks promising.

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.