Movie Rental Industry Drives Home Entertainment Market

AM Mindpower Solutions
December 1, 2009
44 Pages - SKU: AMPS2578264
License type:
Countries covered: United States

The home entertainment industry especially United States was affected from the recession, although the home entertainment industry did show some resilience with consumer spending on rentals and purchase of DVD and Blu-ray Disc falling a relatively moderate 5.7%.

In addition, consumers spent US$~ million on digital rentals and purchases of films and TV shows over the Internet. Although consumer spending on DVD rentals at bricks-and-mortar stores, kiosks and online was flat at US$~ billion, rental transactions inched up 1.8%.

Physical movie rental market is again sub divided between In-store, vending and By-mail rental market. Digital movie rental market is a combination of cable video-on-demand, digital VOD and subscription VOD. By-mail rental market is also growing continuously but in 2008 growth rate is expected to be slow. By-mail rental also caters to a large part of the physical movie rental market. In-store rental market is a leader among all the physical movie rental market segments but in 2007 it has declined and the trend of downfall is expected to continue in 2008.

Consumer spending on the rental and purchase of video cassettes and DVDs in Europe reached US$~billion. Operator profitability is expected to rely heavily on the sale and rental of DVDs and games. Consumer spending through DVD rental vending machines is currently dwarfed by traditional over-the-counter rental (kiosks accounted for just two per cent of total DVD rental spending in the US in 2008).

The report covers Worldwide Movie Rental market with a detailed description of United States and European Markets. This industry is divided between traditional/physical movie rental and digital movie rental wherein each segment consists of sub-segments. Report talked about each segment and market share with a focus on VHS and DVD rental. Kiosk rental is another segment of the report which refers to an opportunity for the industry to grow further.

Global Environment
  • In 2008, UK had the third-largest filmed entertainment market in the world, after the USA and Japan. The USA accounted for 42% of the world market.
  • Consumer level revenues generated by transactional and subscription movie services in international markets amounted to US$54.39 million in 2008, up from US$26.58 million in 2007.
  • The international transactional market is driven by rental, which accounted for over 60 percent of transactional revenues in 2008.
  • The French market has been characterised by high levels of competition: more than 15 companies sell movies online.
  • Rental and sales of home entertainment software is a mature market, growing 3%-5% since 2001. Digital forms are growing rapidly, but physical media still dominates.
  • Kiosks would outnumber video rental stores in US currently.
  • Industry experts believe that the DVD rental kiosk market is expected to grow past US$1billion by 2011, which would comprise about 14 % of the total DVD rental kiosk market (excluding digital).
  • UK Video on Demand (VOD) in 2007 was a very small market, but VOD retail has taken a major chunk of the market, which is six times more than VOD rental market.
  • Two service models that have been a hit with consumers are online rental and internet catch-up TV. Online rental took almost 30% of UK film rental market in 2007 with 29 million transactions (US$~ million revenues).
  • In 2008, the most popular genre in UK was comedy which accounted for 23.90% of rentals, closely followed by drama and action/adventure titles.


More United States Movies & Film Reports

Movie Theaters by First Research, Inc.
Brief Excerpt from Industry Overview Chapter: The US movie theater industry includes about 2,000 companies that operate about 5,000 indoor theaters and 300 drive-ins with combined ...

Motion Picture Production & Distribution by First Research, Inc.
Brief Excerpt from Industry Overview Chapter: The US motion picture production and distribution industry includes about 11,000 companies with combined annual revenue of about $60 billion. ...

Movie & Video Production in the US - Industry Market Research Report by IBISWorld
Movie & Video Production in the US Coming attraction The industry is experiencing increased penetration by advanced technologies, including Blu-ray, 3-D and online streaming. These innovations will ...

Plunkett's Entertainment & Media Industry Almanac 2012: Entertainment & Media Industry Market Research, Statistics, Trends & Leading Companies by Plunkett Research, Ltd.
Key Features: Industry trends analysis, market data and competitive intelligence Market forecasts and Industry Statistics Industry Associations and Professional Societies List In-Depth Profiles of ...

Movie Theaters in the US - Industry Market Research Report by IBISWorld
Coming attraction: Renewed consumer spending and technology changes will drive demand Movie Theaters in the US Silver screen still shining Positive trends in consumer spending and a revival ...

See all reports like this >>

More United States Reports

e-Discovery Software Publishing in the US - Industry Market Research Report by IBISWorld
e-Discovery Software Publishing in the US Finding growth : Electronic discovery (more often known as e-discovery) refers to a data search, location and securing process for use ...

D&B Country RiskLine Report: The United States of America by Dun & Bradstreet Inc.
This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when doing business in this country. It includes ...

D&B Country Report: The United States of America by Dun & Bradstreet Inc.
D&B Country Report. Comprehensive information for evaluating risks and opportunities when trading or investing in this country. Providing critical information and analysis on ...

Country Report United States January 2011 by Economist Intelligence Unit
Country Reports analyse political and economic trends in featured countries. They show you exactly how national, regional and global events will affect your business in ...

Coal - US - a snapshot (2010) by Mintel - Snapshots
Coal in US by Mintel Global Market Navigator provides you with annual year-end market size data, most recently updated in 2010. This market covers consumption ...

See all reports like this >>