Cinema Tickets - United Arab Emirates

United Arab Emirates

Highlights

Revenue in the Cinema Tickets market is projected to reach US$35.70m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.92%, resulting in a projected market volume of US$43.25m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 1.2m users by 2028.
User penetration will be 10.5% in 2024 and is expected to hit 11.1% by 2028.
The average revenue per user (ARPU) is expected to amount to US$35.01.
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 United Arab Emirates has been experiencing significant growth in recent years, driven by various factors such as changing customer preferences, emerging trends in the market, and local special circumstances. Customer preferences in the Cinema Tickets market have shifted towards a more immersive and interactive experience. Customers are increasingly looking for advanced technologies such as 3D and IMAX screenings, as well as premium services like luxury seating and gourmet food options. This shift in preferences is fueled by the desire for a unique and memorable cinema experience that goes beyond traditional movie watching. Trends in the market indicate a growing demand for international films, particularly from Hollywood. The United Arab Emirates has become a popular filming location for international productions, attracting global attention and increasing the demand for cinema tickets. Additionally, the rise of streaming platforms has created a complementary effect on the cinema industry, as customers seek out the big screen experience for blockbuster releases and special events. Local special circumstances, such as the United Arab Emirates' position as a global hub for tourism and entertainment, play a significant role in the development of the Cinema Tickets market. The country's vibrant and cosmopolitan cities, such as Dubai and Abu Dhabi, attract a large number of tourists and expatriates who contribute to the demand for cinema tickets. Furthermore, the United Arab Emirates has invested heavily in developing world-class cinema infrastructure, including state-of-the-art multiplexes and luxury theaters, to cater to the growing demand. Underlying macroeconomic factors also contribute to the growth of the Cinema Tickets market in United Arab Emirates. The country's strong economic growth, driven by sectors such as tourism, real estate, and retail, has led to an increase in disposable income and consumer spending. As a result, more people are willing to spend on entertainment experiences, including cinema tickets. Additionally, favorable government policies and initiatives to promote the arts and entertainment industry have further stimulated the growth of the market. In conclusion, the Cinema Tickets market in United Arab Emirates is experiencing significant growth due to changing customer preferences, emerging market trends, local special circumstances, and underlying macroeconomic factors. The demand for immersive cinema experiences, international films, and premium services has fueled the growth of the market. Furthermore, the country's position as a global entertainment hub and favorable economic conditions have contributed to the development of the market.

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.