China's performance market finally saw some lights at the end of the funnel. After three years of industry slump caused by the disruptions of the coronavirus pandemic, the market rebounded to about 74 billion yuan, which was a sizeable 38 percent increase compared to the pre-pandemic level.
Market size of performance industry in China from 2018 to 2023 with estimates until 2026
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2024).
The market size includes: i). The box office revenue of regular performances, concerts, music festivals, and tours; ii). The revenue of concert derivatives and peripherals; iii). Concert sponsorship revenues; iv). The revenue of the event providers and venues; v). Art education revenue; vi). Online concerts sales revenue; vii). Government subsidies; viii). Revenue of additional consumer services and others.
Figures have been rounded for a better understanding.
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36Kr. (July 31, 2024). Market size of performance industry in China from 2018 to 2023 with estimates until 2026 (in billion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1484460/china-performance-market-size/
36Kr. "Market size of performance industry in China from 2018 to 2023 with estimates until 2026 (in billion yuan)." Chart. July 31, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1484460/china-performance-market-size/
36Kr. (2024). Market size of performance industry in China from 2018 to 2023 with estimates until 2026 (in billion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1484460/china-performance-market-size/
36Kr. "Market Size of Performance Industry in China from 2018 to 2023 with Estimates until 2026 (in Billion Yuan)." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/1484460/china-performance-market-size/
36Kr, Market size of performance industry in China from 2018 to 2023 with estimates until 2026 (in billion yuan) Statista, https://www.statista.com/statistics/1484460/china-performance-market-size/ (last visited December 21, 2024)
Market size of performance industry in China from 2018 to 2023 with estimates until 2026 (in billion yuan) [Graph], 36Kr, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1484460/china-performance-market-size/
