Market Insights Digital eServices Event Tickets

Cinema Tickets - Zimbabwe

Zimbabwe

Revenue in the Cinema Tickets market is projected to reach €26.05k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 13.74%, resulting in a projected market volume of €43.59k by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 194.0k users by 2028.
User penetration will be 1.1% in 2024 and is expected to hit 1.1% by 2028.
The average revenue per user (ARPU) is expected to amount to €0.16.
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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Comparación de regiones

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Analyst Opinion

The Cinema Tickets market in Zimbabwe has been experiencing steady growth in recent years, driven by changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Zimbabwe have shifted towards a greater demand for entertainment and leisure activities, including going to the cinema. As disposable incomes have increased, more people are looking for ways to spend their leisure time and cinema has become a popular choice. Additionally, the younger population in Zimbabwe has shown a strong interest in movies, leading to a growing demand for cinema tickets. Trends in the market have also contributed to the development of the Cinema Tickets market in Zimbabwe. The rise of digital platforms and streaming services has created a need for cinemas to offer unique experiences that cannot be replicated at home. This has led to the introduction of new technologies such as 3D screenings, IMAX theaters, and luxury seating options, all of which have attracted customers and increased ticket sales. Local special circumstances have played a significant role in the growth of the Cinema Tickets market in Zimbabwe. The country has a vibrant film industry, with local filmmakers producing a variety of movies that resonate with the local audience. This has created a sense of pride and support for local cinema, leading to increased ticket sales. Additionally, the government has implemented policies to promote the film industry, including tax incentives for filmmakers and the construction of modern cinema complexes in major cities. Underlying macroeconomic factors have also contributed to the development of the Cinema Tickets market in Zimbabwe. The country has experienced stable economic growth in recent years, leading to an increase in disposable incomes. This has allowed more people to afford cinema tickets and contribute to the growth of the market. Additionally, the tourism industry in Zimbabwe has been growing, attracting both domestic and international visitors who contribute to the demand for cinema tickets. In conclusion, the Cinema Tickets market in Zimbabwe has been developing due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. As more people seek entertainment and leisure activities, the demand for cinema tickets continues to grow. The introduction of new technologies and the support for the local film industry have further contributed to the market's development. With the stable economic growth and the growth of the tourism industry, the Cinema Tickets market in Zimbabwe is expected to continue its upward trajectory in the coming years.

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.