Cinema Tickets - Turkmenistan | Statista Market Forecast

Revenue in the Cinema Tickets market is projected to reach US$954.60k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.05%, resulting in a projected market volume of US$1.08m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 102.6k users by 2028.
User penetration will be 1.5% in 2024 and is expected to hit 1.5% by 2028.
The average revenue per user (ARPU) is expected to amount to US$10.83.
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.

Definition:

The Cinema Tickets market consists of the online sale of tickets for movies shown at the cinema; online reservations that are paid for in the cinema are not included. The market covers digital tickets with QR codes, as well as the purchase of cinema tickets that are paid for online but printed at the cinema. Users refer to active ticket buyers, independent of the number of tickets purchased.

Additional Information

Data icludes revenue figuresin Gross Merchandise Value (GMV), Users, average revenue per user (ARPU), and user penetration rate. User and revenue figures represent B2C services.

Online sale of cinema tickets
Digital tickets with QR codes
Tickets that are paid for online but printed at the cinema
Prerequisite is an online checkout process

Reservations that are paid for in the cinema

The Cinema Tickets market in Turkmenistan is experiencing significant growth and development. Customer preferences, local special circumstances, and underlying macroeconomic factors are all contributing to this trend. Customer preferences in Turkmenistan are shifting towards a greater demand for entertainment and leisure activities, including going to the cinema. As the country's economy continues to grow and living standards improve, people have more disposable income to spend on entertainment. Going to the cinema is seen as a popular and affordable form of entertainment for individuals and families. Trends in the market show that there is an increasing number of cinema theaters being built across Turkmenistan. This expansion is driven by both domestic and international cinema chains, as they recognize the growing demand for cinema tickets in the country. With the availability of more theaters, people have greater access to a wider range of movies and showtimes, further fueling the demand for cinema tickets. Local special circumstances also contribute to the development of the Cinema Tickets market in Turkmenistan. The government has been actively promoting cultural and entertainment activities as part of its efforts to diversify the economy and enhance the country's image. This includes supporting the development of cinema infrastructure and organizing film festivals and events. These initiatives have not only increased awareness and interest in cinema among the local population but have also attracted international filmmakers and audiences to Turkmenistan. Underlying macroeconomic factors play a significant role in the growth of the Cinema Tickets market in Turkmenistan. The country has experienced steady economic growth in recent years, driven by its natural gas reserves and strategic investments in various sectors. This economic growth has led to an increase in disposable income and consumer spending, including on entertainment activities such as going to the cinema. Additionally, the government's efforts to promote tourism and attract foreign investment have also contributed to the growth of the cinema industry. In conclusion, the Cinema Tickets market in Turkmenistan is developing due to changing customer preferences, the availability of more cinema theaters, local special circumstances, and underlying macroeconomic factors. As the country's economy continues to grow and living standards improve, the demand for cinema tickets is expected to further increase.

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.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.

Movie exhibition corporations are struggling to stay afloat despite a general rebound of the movie industry. In 2022, the box office gross in the U.S. and Canada amounted to 7.5 billion U.S. dollars, making it the biggest market on the international scale. Meanwhile, among companies that disclose their financials regularly, the combined global revenue of the top six cinema chains operating in both nations surpassed seven billion dollars that same year. Out of that total, around 3.66 billion dollars came exclusively from movie ticket sales worldwide. And most of those corporations have in North America their largest, if not only, consumer market.