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Cinema - Benelux

Benelux

In the Benelux region, revenue in the Cinema market is projected to reach €1,001.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.48%, resulting in a projected market volume of €1,188.00m by 2029.
In the Cinema market withBenelux, the number of viewers is expected to amount to 14.3m users by 2029.
User penetration will be 43.4% in 2024 and is expected to hit 46.9% by 2029.
The average revenue per viewer in Benelux is expected to amount to €76.66.
In global comparison, most revenue will be generated the United States, which is projected to reach €19,250.00m in 2024.
In Benelux, the cinema market is witnessing a resurgence as audiences increasingly seek immersive experiences and diverse storytelling in film.

Key regions: Europe, France, Asia, United Kingdom, Germany

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Analyst Opinion

The Cinema market in Benelux is experiencing significant growth and development in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this positive trend. Customer preferences in the Benelux region have played a crucial role in the growth of the Cinema market. Moviegoers in Benelux have shown a strong preference for high-quality cinematic experiences. They are willing to pay a premium for comfortable seating, state-of-the-art sound systems, and immersive visuals. This preference for premium experiences has driven cinemas in the region to invest in advanced technologies and amenities to attract and retain customers. Trends in the market have also contributed to the growth of the Cinema industry in Benelux. One notable trend is the increasing popularity of international films, particularly those from Hollywood. The Benelux region has a strong appetite for diverse content and is open to exploring different genres and languages. This trend has led to an increase in the number of international films being screened in cinemas across the region. Additionally, the rise of streaming platforms has created a demand for exclusive cinema releases, driving more customers to theaters. Local special circumstances in Benelux have further propelled the growth of the Cinema market. The region has a rich cultural heritage and a thriving film industry. Local filmmakers have gained international recognition, leading to an increase in the production of domestic films. This has created a sense of pride and support for local cinema among the population, resulting in higher attendance at screenings of domestic films. Furthermore, Benelux is known for its vibrant film festivals, which attract both local and international audiences. These festivals serve as platforms for showcasing new talent and promoting the cinema industry in the region. Underlying macroeconomic factors have also played a role in the development of the Cinema market in Benelux. The region has experienced steady economic growth, leading to increased disposable income among the population. This has allowed individuals to allocate more of their budget towards entertainment, including cinema outings. Additionally, the Benelux region has a high standard of living and a well-developed infrastructure, making it conducive to the growth of the cinema industry. In conclusion, the Cinema market in Benelux is developing at a rapid pace due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The region's demand for high-quality cinematic experiences, the popularity of international films, the support for local cinema, and favorable economic conditions have all contributed to the growth of the industry.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the Cinema market, which comprises revenues from box office, advertsing and concessions. The market includes both consumer and advertising spending. All monetary figures refer to consumer spending on tickets and concessions. This spending factors in discounts, margins, and taxes.

Modeling approach / market size:

The market size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, and reported performance indicators of key market players. In particular, we consider average prices and annual purchase frequencies.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.