There is a huge room for growth in China's music festival industry. Ticket pricing is much lower than inmany Western markets. In 2023, about 70 percent of purchased tickets for large music festivals were marked below 500 yuan. The market share of tickets pricing over this level was only 11 percent in 2019.
Distribution of ticket purchasers of large music festivals in China in 2023, by ticket price tier
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NetEase. (April 20, 2024). Distribution of ticket purchasers of large music festivals in China in 2023, by ticket price tier [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1490721/china-large-music-festival-consumer-distribution-by-ticket-price-level/
NetEase. "Distribution of ticket purchasers of large music festivals in China in 2023, by ticket price tier." Chart. April 20, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1490721/china-large-music-festival-consumer-distribution-by-ticket-price-level/
NetEase. (2024). Distribution of ticket purchasers of large music festivals in China in 2023, by ticket price tier. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1490721/china-large-music-festival-consumer-distribution-by-ticket-price-level/
NetEase. "Distribution of Ticket Purchasers of Large Music Festivals in China in 2023, by Ticket Price Tier." Statista, Statista Inc., 20 Apr 2024, https://www.statista.com/statistics/1490721/china-large-music-festival-consumer-distribution-by-ticket-price-level/
NetEase, Distribution of ticket purchasers of large music festivals in China in 2023, by ticket price tier Statista, https://www.statista.com/statistics/1490721/china-large-music-festival-consumer-distribution-by-ticket-price-level/ (last visited November 21, 2024)
Distribution of ticket purchasers of large music festivals in China in 2023, by ticket price tier [Graph], NetEase, April 20, 2024. [Online]. Available: https://www.statista.com/statistics/1490721/china-large-music-festival-consumer-distribution-by-ticket-price-level/