Market Insights Digital eServices Event Tickets

Cinema Tickets - Bahrain

Bahrain

Revenue in the Cinema Tickets market is projected to reach US$8.34m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.37%, resulting in a projected market volume of US$10.28m by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 215.0k users by 2028.
User penetration will be 10.5% in 2024 and is expected to hit 10.5% by 2028.
The average revenue per user (ARPU) is expected to amount to US$45.66.
In global comparison, most revenue will be generated in China (US$6,963.00m 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 Bahrain has been experiencing significant growth in recent years. Customer preferences have shifted towards the cinema experience, leading to an increase in ticket sales. This trend can be attributed to several factors, including the rise of digital streaming platforms, the desire for social experiences, and the availability of a diverse range of films.

Customer preferences: Customers in Bahrain have shown a growing preference for the cinema experience over watching movies at home. This can be attributed to the immersive nature of the cinema, which offers a larger screen, superior sound quality, and a sense of community. Additionally, the availability of a wide range of films, including international releases, has attracted a diverse audience.

Trends in the market: One of the key trends in the Cinema Tickets market in Bahrain is the rise of digital streaming platforms. While these platforms provide convenience and a vast library of movies and TV shows, they cannot replicate the cinematic experience. As a result, many customers are opting to watch blockbuster films in the theater to fully immerse themselves in the action and enjoy the high-quality visuals and sound. Another trend in the market is the desire for social experiences. Going to the cinema has become a popular activity for friends, families, and couples to enjoy together. The cinema provides an opportunity for people to bond over shared interests and engage in discussions about the film afterwards. This social aspect has contributed to the growth of the Cinema Tickets market in Bahrain.

Local special circumstances: Bahrain has a vibrant film industry that produces a wide range of movies, including both local and international productions. This has further fueled the demand for cinema tickets, as customers are eager to support and watch films that showcase their culture and identity. Additionally, Bahrain has a diverse population with different language preferences, leading to a demand for films in multiple languages, including Arabic, English, and other regional languages.

Underlying macroeconomic factors: The growth of the Cinema Tickets market in Bahrain can also be attributed to positive macroeconomic factors. The country has experienced steady economic growth, leading to increased disposable income among consumers. As a result, more people have the financial means to afford cinema tickets and indulge in the cinema experience. Furthermore, the government of Bahrain has been actively promoting the entertainment industry, including the cinema sector, as part of its efforts to diversify the economy and attract tourism. This support has created a favorable environment for the growth of the Cinema Tickets market in Bahrain. In conclusion, the Cinema Tickets market in Bahrain has been growing due to shifting customer preferences, including a desire for the cinema experience and social interaction. The rise of digital streaming platforms has also contributed to this trend, as customers seek out the immersive nature of the cinema. Local special circumstances, such as the vibrant film industry and diverse population, have further fueled the demand for cinema tickets. Positive macroeconomic factors, including economic growth and government support, have created a favorable environment for the growth of the Cinema Tickets market in Bahrain.

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.