The global cinema tickets market size was valued at USD 2.96 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 24.2% from 2021 to 2028. The significant growth in the cinema industry across the globe is one of the major factors that propel the market demand. The growing popularity of convenient and easy ticket booking solutions further contributes to the growth. Moreover, significant adoption of digital tickets and the growing penetration of smartphones across the globe are further projected to provide the plentiful opportunities to the market. However, the growing adoption of video streaming platforms such as Netflix, Amazon Prime, and others is further projected to restrain the market growth over the forecast period.
The significant growth in the box office revenue across the globe is further projected to propel the market growth over the forecast period. As per the Motion Pictures Association(MPA) in 2019, the total box office industry across the globe reached $42.2 billion, up to one percent from 2018. In 2019 the global box office industry was up 8% compared to the last five years. In Asia Pacific, the box office industry increased 4% as compared to 2018. In Europe and the Middle East and Africa the box office revenue increased by 2% and in Latin America, it increased by 3% in 2019 as compared to 2018.
Due to the COVID-19 pandemic, most of the movies theater, cinema halls, and multiplexes are closed across the globe as preventive measures to contain the spread of COVID-19 that further negatively impact the selling of movie tickets. For instance, Cineplex Inc., one of the large movie exhibitors announced to shut all its 165 theaters in 2020 causing the loss of revenue during the COVID-19 pandemic. In China, around 70,000 movie theatres have been shut down and several tent-pole films have been postponed due to the pandemic. With the increasing cases of COVID-19 in Italy almost 50.0% of the cinema screens in Italy have been closed that further affecting the ticket sales in due to COVID-19 and further impacting the industry.
Based on type, the global cinema tickets market is classified into digital and physical tickets. Among these, the physical tickets segment contributed to a larger revenue share of over 75% in 2020. A significant portion of conventional paper tickets used in the cinema industry supported the highest market share. Most of the theatres across the globe currently have printed movie ticket facilities for online booked tickets as well, mostly in emerging countries such as India, China, and others. This is expected to positively fuel the growth of the segment.
The digital tickets segment is anticipated to register a significant CAGR of 25.3% from 2021 to 2028. Digital tickets refer to the QR technology-based access in the theatre through mobile and other digital devices. Increased use of the internet and the growing trend of mobile apps for booking movie tickets online are projected to support the growth of the segment. Consumers across the globe have shown an inclination towards e-tickets to avoid crowd standing in large queues, which further supporting the market growth.
Asia Pacific is forecast to register the highest CAGR of 24.7% from 2021 to 2028. China and India are positively contributing to the growth. The major contributing factors include the growing movie industry, rising per capita income, swelling middle-class population, and increasing disposable income. Significant growth in the internet penetration coupled with rising digitalization in China and India further propel the market growth. Additionally, the growing smartphone sales across China, India, and other emerging economies are further projected to provide ample opportunities to the market.
Europe is estimated to hold a significant market share of more than 20% in 2020. Well-developed countries such as Germany, the U.K., and France are positively contributed to the revenue generation. The high market share can be credited to the strong presence of huge movie production companies and ticket providers across the region, and the long-existing demand for online tickets. Additionally, higher GDP, per capita income, and per capita spending on cinema and cultural activities in the European countries altogether result in strong sales and increased adoption of online cinema tickets. The significant growth in box office revenue in Germany, Italy, and Russia that accounted for 9% growth in 2019 is further projected to contribute to the growth.
The movie tickets industry is always changing and updating. To stay head-on in the market, key players tend to launch new strategies more frequently. Market players are investing in R&D to innovate new and attractive solutions for the consumers for ease of purchasing movie tickets in the market. Moreover, major players are targeting new regions and demography to increase the sales of the tickets and expand its number of theatres, by either entering the new market solely or by collaborating with local companies across the globe. For instance, in December 2019, Cinemark Holdings, Inc. announced the collaboration with Cinionic for upgrading Cinemark’s chain with Barco Series 4 laser projectors and integrated Barco Alchemy media servers. Some of the prominent players operating in the global cinema tickets market are:
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Report Attribute |
Details |
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Market size value in 2021 |
USD 3.52 billion |
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Revenue forecast in 2028 |
USD 16.04 billion |
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Growth Rate |
CAGR of 24.2% from 2021 to 2028 |
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Base year for estimation |
2020 |
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Historical data |
2017 - 2019 |
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Forecast period |
2021 - 2028 |
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Quantitative units |
Revenue in USD Million/Billion and CAGR from 2021 to 2028 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Type, region |
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Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
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Country scope |
U.S.; Germany; France, U.K.; China; India; Japan; Brazil; UAE |
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Key companies profiled |
Atom Tickets LLC; Cinemark Holdings Inc.; Inox Leisure Ltd.; Bigtree Entertainment Pvt Ltd; Fandango Media, LLC;VOX Cinemas; Mtime; TicketsBuzz.com; Showcase Cinemas; eTickets.ca. |
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Customization scope |
Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For this study, Million Insights has segmented the global cinema tickets market report based on type and region:
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