Cinema Tickets - Sudan

Sudan

Highlights

Revenue in the Cinema Tickets market is projected to reach US$73.42k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of -6.77%, resulting in a projected market volume of US$55.47k by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 580.7k users by 2028.
User penetration will be 1.0% in 2024 and is expected to hit 1.0% by 2028.
The average revenue per user (ARPU) is expected to amount to US$0.15.
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 Sudan has been experiencing significant growth in recent years. Customer preferences have shifted towards more entertainment options, leading to an increased demand for cinema tickets. This trend can be attributed to several factors, including the rise of the middle class, increased disposable income, and the expansion of cinema chains in the country.

Customer preferences: Sudanese customers have shown a growing interest in cinema experiences. This can be attributed to the desire for entertainment and leisure activities, as well as the increasing popularity of international films. Customers are seeking out the latest movie releases and are willing to pay for the cinema experience. Additionally, the younger population in Sudan has a strong affinity for cinema, further driving the demand for cinema tickets.

Trends in the market: One of the key trends in the Sudanese cinema tickets market is the growth of multiplexes and cinema chains. These establishments offer a wide range of movie options and provide a more immersive cinema experience. This trend has been supported by the expansion of international cinema chains into Sudan, bringing with them the latest technology and facilities. As a result, customers now have access to state-of-the-art cinemas with comfortable seating, advanced audiovisual systems, and a wide variety of food and beverage options.

Local special circumstances: Sudan has a rich cultural heritage, which has influenced the cinema industry in the country. Local films and productions have gained popularity among Sudanese customers, leading to an increased demand for cinema tickets. This has also led to the growth of local film festivals and events, further driving the cinema industry in Sudan. Additionally, the government has been supportive of the cinema industry, providing incentives for the development of local talent and the production of Sudanese films.

Underlying macroeconomic factors: The growth of the cinema tickets market in Sudan can be attributed to several macroeconomic factors. Firstly, the rise of the middle class has led to an increase in disposable income, allowing individuals to spend more on leisure activities such as going to the cinema. Secondly, the overall economic growth in Sudan has created a favorable environment for the cinema industry to thrive. As the economy continues to grow, more individuals are able to afford cinema tickets, leading to increased demand. Finally, the government's efforts to promote the entertainment industry in Sudan have also contributed to the growth of the cinema tickets market. In conclusion, the Cinema Tickets market in Sudan has experienced significant growth in recent years. This can be attributed to customer preferences for entertainment options, the growth of multiplexes and cinema chains, local special circumstances such as the popularity of local films, and underlying macroeconomic factors such as the rise of the middle class and overall economic growth. As these trends continue, the cinema tickets market in Sudan 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.