Cinema Tickets - Argentina

  • Argentina
  • Revenue in the Cinema Tickets market is projected to reach €46.89m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.67%, resulting in a projected market volume of €52.11m by 2028.
  • In the Cinema Tickets market, the number of users is expected to amount to 2.8m users by 2028.
  • User penetration will be 5.7% in 2024 and is expected to hit 5.8% by 2028.
  • The average revenue per user (ARPU) is expected to amount to €17.69.
  • In global comparison, most revenue will be generated in China (€6,390.00m in 2024).
  • With a projected rate of 22.8%, the user penetration in the Cinema Tickets market is highest in Norway.

Key regions: Europe, Asia, Japan, China, South Korea

 
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Analyst Opinion

The Cinema Tickets market in Argentina has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends in the market, and local special circumstances. Customer preferences in the Cinema Tickets market have shifted towards a more immersive and experiential movie-watching experience. Customers are increasingly seeking out theaters that offer comfortable seating, high-quality sound systems, and advanced visual technologies such as 3D and IMAX. In addition, there is a growing demand for theaters that provide a wide range of food and beverage options, allowing customers to enjoy a complete entertainment experience. These preferences have led to the rise of premium cinema chains that cater to these demands, offering a luxurious and upscale movie-watching experience. Trends in the market also contribute to the development of the Cinema Tickets market in Argentina. One notable trend is the increasing popularity of local and independent films. Argentine cinema has gained recognition worldwide, with several critically acclaimed films and directors emerging from the country. This has led to a growing interest in local cinema among Argentine audiences, resulting in higher ticket sales for Argentine films. In addition, the rise of streaming platforms has also impacted the Cinema Tickets market, as it has become easier for audiences to access a wide variety of movies from the comfort of their own homes. However, the cinema industry has adapted to this trend by offering exclusive screenings, special events, and unique experiences that cannot be replicated through streaming platforms. Local special circumstances also play a role in the development of the Cinema Tickets market in Argentina. The country has a strong cultural tradition of going to the movies, with cinemas being a popular destination for socializing and entertainment. This cultural affinity for cinema has created a stable demand for movie tickets, even during challenging economic times. Additionally, the Argentine government has implemented policies to support the local film industry, including tax incentives and subsidies for film production. These policies have encouraged the growth of the local film industry and have contributed to the overall development of the Cinema Tickets market. Underlying macroeconomic factors also influence the development of the Cinema Tickets market in Argentina. Economic stability and disposable income levels play a crucial role in determining consumer spending on entertainment activities such as going to the movies. As the economy improves and disposable income increases, consumers are more likely to spend on leisure activities, including cinema tickets. Additionally, inflation rates and currency fluctuations can impact ticket prices, making them more or less affordable for consumers. In conclusion, the Cinema Tickets market in Argentina is developing due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The demand for immersive movie-watching experiences, the popularity of local films, cultural affinity for cinema, government support for the film industry, and economic stability all contribute to the growth of the market.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Visión general

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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