Movie Theatres in Canada - Industry Market Research Report
Description
Movie Theatres in Canada
The performance of the movie theatre industry largely depends on the success or failure of major film releases. Although per capita disposable income directly influences households' ability to spend on discretionary services, such as movies, the marketing efforts and popularity of blockbuster films strongly determine revenue, as movie-going is a relatively low-cost entertainment option. Cineplex, the industry's dominant player, also drives industry performance, as it typically accounts for more than 60.0% of the domestic market. The COVID-19 pandemic created significant disruptions for the industry as theatres temporarily closed and audiences stayed home, which resulted in industry revenue dropping 71.7% in 2020. The industry experienced strong growth in 2021 and 2022 as restrictions eased and audiences returned, supporting profit. Revenue is expected to decline at a CAGR of 1.6% to $2.3 billion over the past five years, with growth of 23.2% forecast during the current year as recovery continues.
The Movie Theatres industry in Canada comprises operators that primarily exhibit movies. It includes cinemas, drive-in and outdoor movie theatres and film festival exhibitors.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The performance of the movie theatre industry largely depends on the success or failure of major film releases. Although per capita disposable income directly influences households' ability to spend on discretionary services, such as movies, the marketing efforts and popularity of blockbuster films strongly determine revenue, as movie-going is a relatively low-cost entertainment option. Cineplex, the industry's dominant player, also drives industry performance, as it typically accounts for more than 60.0% of the domestic market. The COVID-19 pandemic created significant disruptions for the industry as theatres temporarily closed and audiences stayed home, which resulted in industry revenue dropping 71.7% in 2020. The industry experienced strong growth in 2021 and 2022 as restrictions eased and audiences returned, supporting profit. Revenue is expected to decline at a CAGR of 1.6% to $2.3 billion over the past five years, with growth of 23.2% forecast during the current year as recovery continues.
The Movie Theatres industry in Canada comprises operators that primarily exhibit movies. It includes cinemas, drive-in and outdoor movie theatres and film festival exhibitors.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
44 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
