Movie theatre industry trends

The global box office market increased at a notable cagr over. One of the most important cultural trends is the growing diversity of the characters on screen. Movie theaters industry in the us market research report. Movie theaters industry profile from first research. What is the market size of the movie theaters industry in the us. After a decline in the mid1980s, growth was particularly strong in the three years to 1999, when screen numbers rose by 150 to 175 per year. Major us companies include amc entertainment and cinemark. Movie theaters in particular have increased foodservice spending 20 percent compared with a year. But can the premium shortfrom platform translate prelaunch buzz into paid subscribers. Uk theatre and society of london theatre solt have jointly released data for ticket sales across our member venues in 2018 this is the first time the data has been jointly released for the west end and rest of the uk, revealing the resilience of the uks theatre industry. Domestic movie theater attendance hit a 25year low in 2017. Technavios analysts forecast the global movie theater market to grow at a cagr of 6.

What can the movie theater industry do to prepare for this streaming onslaught and the shift in the tastes of its previously reliable customers. By type, the market is segmented into 3d screens, 2d screens. Technavios report, global movie theater market 20172021, has been prepared based on an indepth market analysis with inputs from industry experts. Total us sales and forecast of market, at current prices, 201424. The impact of covid19 on the movietheater industry. Business insider reported that this summers ticket sales were 3. Its easy to pontificate on trends and bemoan the loss of something, especially something as. Analysis of macro environment impacting movie theatre industry 1. How the coronavirus outbreak is affecting the broadcast and media industry. For an industry coming off of a 5% decline in per capita consumption, this is devastating. There has been a noticeable clamp down over the last few years on. Find industry analysis, statistics, trends, data and forecasts on movie theaters in the us from ibisworld. Jan 24, 2020 the analysis includes the market in terms of value as well as volume, market share by region and screen format.

Jun 28, 2019 heres how movie theaters will survive the next 10 years. Jan 18, 2019 these are the theater trends on broadway and off. A detailed analysis of the global movie theatre screen has also been provided in the. Global movie theater market by type 3d screens, and 2d screens, by application movie show, and other show, by region and key companies industry segment outlook, market assessment, competition scenario, trends and forecast 20192028. Check out these top 5 emerging trends in the film industry to find out which filming trends are making a comeback, which new trends are surfacing in recent years, and what trends we can expect to continue in the coming years throughout the film industry, including high and lowbudget films and tv shows. Apr 16, 2015 after a rough 2014, we see a bright outlook for the industry, rbc capital markets leo kulp says in a report initiating coverage of exhibition. How netflix is changing the future of movie theaters.

Rising disposable income will boost demand, though competition will. Global movie theatres market 20182022 emerging trends. Anythingresearch forecasts are used by financial institutions seeking to understand creditworthiness prior to lending investors evaluating startups, venture opportunities, and equities. Com publish a new market research report on movie theater market. Apr 11, 2017 how luxury movie theaters wine, dine patrons. Movie theater industry analysis by barbara chavez on prezi. A 2016 outlook for the movie theater industry coming off a record year for box office sales, will the movie theater business keep seats filled over the next year.

Movie theaters and cinemas industry analysis, trends, statistics. We use cookies to ensure that we give you the best experience on our website. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. It provides an indepth analysis of different attributes of industries such as trends, swot analysis, policies, and clients operating in several. Theres the cool improved digital effects, better 3d, imax, reserved seating, the not so cool cell phones ringing in the middle of the movie, piracy and the somewhere in between remakes, sequels and the dominance of comic book movies. Movie theaters focus on food nations restaurant news. Box office ticket sales at north american movie theaters increased 4. In this pestle analysis of the movie theatre industry youll learn how six factors are impacting this industry and why the movie theatre attendance is down. Today we discuss the trends that have shaped the past decade of the moviegoing experience. The most prevalent jobs in the theater industry are actors or performers, directors, producers, stage managers, set designers, lighting and sound technicians, playwrights, and makeup artists.

Aug 22, 2018 one of our theatre specialists, clare zucker, shares what she views will be the top three trends in the theatre industry for the next 12 months. To analyze movie theater market concerning growth trends, prospects, and also their participation in the entire sector. Domestic movie theater attendance hit a 25year low in. However, over the same oneyear time span, the population increased by just short of one percent. Movie theatres industry analysis, 20192023 digitization in. Domestic movie theatrical market summary 1995 to 2020. Canada population or 246 million people went to the cinema at least once in 2016, a two percent increase from 2015. Movie theaters and cinemas industry analysis, trends. This market research report identifies suppliers like amc theatres, cineplex entertainment, regal entertainment group to be the key vendors in the global. Movie theaters to see big payoffs from upgrades and trends.

Movie theater market next big thing 20202029 profiling key. Companies in this industry exhibit motion pictures at indoor movie theaters, film festivals, and drivein theaters. Oct 26, 2016 in 2014, movie attendance plunged to the lowest level in nearly 20 years. Bob iger mentioned individualized forms of entertainment, and this is what some people reference when predicting the end of movie theatres. Just as many quickserve innovations are rooted in fullservice trends, the movie industry s current foodservice landscape can trace its roots to concepts that aimed to replicate the casualdining atmosphere with heartier food, alcohol, and a wait staff. The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more. Movie theaters market size competitive landscape forecast. Movie theater market global insights and trends, forecast 2019 to. Dec 26, 2019 xherald via comtex the global movie theaters market was valued at usd 414. The number of cinema screens in australia has risen more than 150 per cent between 1980 and 2019, from 829 to 2,310. One of our theatre specialists, clare zucker, shares what she views will be the top three trends in the theatre industry for the next 12 months. Most people work part time in the theater and support themselves through other jobs.

Adam birnbaum nova theatre circuit president and director of film. Upscale dining at the movie theater is one of the hottest trends of the year, and its turning into a highly competitive market in the valley. Struggling movie theaters go upscale to survive cinemas offer fancy dining, hightech screens and giant recliners to lure consumers off the couch. Current, comprehensive coverage of the movie theaters industry. In this area of the site, youll find over 2,000 pages of information detailing the changes that have shaped the industry. The global movie theatre market has grown at a rapid pace in the past few years with the high growth of the global box office market. Apr 02, 2020 forecasting the trends in the market size for the movie theaters industry is a necessary part of the business planning process. The 6 things theater owners should do to stay relevant in the. Movie theater attendance in the us and canada in 2017 fell to its lowest point since at least 1992, bloomberg reports. Movie theaters in the us industry data, trends, stats ibisworld. Industry statistics cover all companies in the united states, both public and private, ranging in size from small businesses to market leaders. The movie business is always changing, but these days it can be difficult to tell the difference between struggle and outright decline.

Jul 28, 2019 the streamer is not only changing the playing field for athome entertainment but also how movie theater chains run their businesses, and they are fighting back against netflix and other streaming. Over the summer, amcs shares plummeted nearly 60%, while regals stock fell 36% amid an industry wide selloff. Total us sales and fan chart forecast of movie theater revenue, at current prices, 201424. Now, the streamer is changing the game for movie theaters. Discover all relevant statistics and data on the film and movie industry now on. By continuing to visit this site without changing your settings, you are accepting our use of cookies. Austinbased alamo drafthouse cinema, which began as a secondrun dinein concept in 1997. Global movie theater market segment outlook, market. Most of these workers are represented by a union and are required to be members of the union. The global movie theaters market report provides a holistic evaluation of the market for the forecast period 20172026. Wonder woman is the first female superhero protagonist, and gal gadots charisma and strength sends a great message to young audiences. Movie theaters market global insights and trends 2019. We asked 24 major figures in hollywood to peer into the future and tell us what they see. Based on geography, a market is analyzed across north america, europe, asia.

An analysis of movie theatre screens has also been provided in the report. The secondary ticket or ticket resale market is set to continue to be a key theme in the theatre industry. Movie theaters in the us industry data, trends, stats. The global box office market increased at a notable cagr over span of five years, i. To simplify the fresh market trends in the global industry. Movie theaters in the us industry trends 20142019 movie theaters in the us industry outlook 20192024 poll average industry growth 20192024. Its easy to pontificate on trends and bemoan the loss of something. A 2016 outlook for the movie theater industry the motley. Here, iabm head of insight and analysis lorenzo zanni looks at some of the effects on the media and broadcast industry. Analysis of macro environment impacting movie theatre industry. Movie theatres industry analysis, 20192023 digitization. Theatrical market statistics motion picture association.

Over the next decade, billions will be spent to remake the movie business. Decline of movie theatres during the peak of substantial box office revenue generated in 2005, the movie theatre industry experienced exponential growth in the construction of movie cinemas silver, 2007. The 2019 theater trends you should absolutely know about. Alist talent has flocked to quibi, lured by its top management team, big budgets and attractive rights offer. Industry market research reports, statistics, analysis, data, trends and forecasts. Jan 10, 2019 press release global movie theatres market 20182022 emerging trends, latest technology, industry size, business strategies, regional demand and top companies analysis. Broadway the 2019 theater trends you should absolutely know about.

Jan 24, 2020 the global movie theatre market has grown at a rapid pace in the past few years with the high growth of the global box office market. By application, the market is divided into movie showshow. Pestel analysis of the movie theatre industry pestle analysis. I understand why people look in the rearview mirror, says adam aron, amc. Competition at home can make movie theaters an expensive endeavor. Based on geography, a market is analyzed across north america, europe, asiapacific, latin america and middle east and africa. Netflix has influenced the way consumers devour their entertainment at home. North american movie theater attendance trends leisure e.

Jan 18, 2018 the report global movie theatres market. A 2016 outlook for the movie theater industry the motley fool. In an insight outlook, this research report has dedicated to several quantities of analysis industry research global industry trends and movie theater market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape. The industry is changing and will enable more women and people of color in positions of power. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Get up to speed on any industry with comprehensive intelligence that is easy to read. You can watch a movie in a variety of ways including mobile devices, so why will people continue to pay to watch them in a movie theatre. Frequent moviegoers individuals who go to the cinema once a month or more continue to drive the movie industry, accounting for 48 percent of all tickets sold in. Dec 16, 2019 xherald via comtex the report titled movie theater market report will be very useful to get a stronger and effective. Movie theater industry revenue management in action. In addition, its likely that even after governments relax restrictions on movie theaters, there will still be lingering fears about sitting in a dense theater breathing recirculated air for three hours.

The major growth drivers for the global movie theatre market are. Welcome to our reference library analyzing trends in the domestic movie industry since. Movie theater market size, share growth, trends industry. So as a result, per capita ticket sales increased by 4. The original theater complexes were designed with one theater and could seat from 50 to 100 people. The growth of the global movie theater market is mainly driven by the rising demand for highquality movies.

Jan 03, 2018 movie theater attendance in the us and canada in 2017 fell to its lowest point since at least 1992, bloomberg reports. Global analysis, market share, size, trends, growth analysis, and forecast to 20192023. To combat the decline, the industry is experimenting with new experiences that can justify higher ticket prices. The covid19 pandemic means almost a quarter of the worlds population is on lockdown. Many theaters offer individualized screenings for audiences who want to enjoy the latest film in a private setting. Jul 30, 2019 how movie theaters react to the avalanche of new streaming services will be key to their continued relevance. But what the company showed the industry is that theatergoers love a subscription model as much as they love one for their favorite streaming. The cinema or movie theater industry has been in existence for more than 100 years, but has become an increasingly popular entertainment venue with the rise of the film industry and advances in film technology. Global movie theater market 2019 rising trends amc. To answer questions available on the industry size of movie theater market by 2025.