Asia Pacific Movie And Entertainment Market Size & Outlook
Asia Pacific movie and entertainment market, 2018-2030 (US$M)
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Asia Pacific movie and entertainment market highlights
- The Asia Pacific movie and entertainment market generated a revenue of USD 32,942.4 million in 2023.
- The market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, movies (box office) was the largest revenue generating product in 2023.
- Music & Videos is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 32,942.4 million |
| Market revenue in 2030 | USD 59,559.1 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Movies (box office) |
| Fastest growing segment | Music & Videos |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Movies (Box Office), Music & Videos |
| Key market players worldwide | Paramount Global Class A, Sony Group Corp ADR, The Walt Disney Co, Warner Bros. Discovery Inc Ordinary Shares - Class A, Comcast Corp Class A, Netflix Inc, Vivendi SE, Amazon.com Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.8% of the global movie and entertainment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 59,559.1 million by 2030.
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Movie And Entertainment Market Scope
Movie And Entertainment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific movie and entertainment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to movie and entertainment market will help companies and investors design strategic landscapes.
Movies (box office) was the largest segment with a revenue share of 64.06% in 2023. Horizon Databook has segmented the Asia Pacific movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
Asian cinema has been gaining international recognition and acclaim in recent years, with filmmakers from countries such as Japan, South Korea, China, India, and Thailand making significant contributions to the global movie and entertainment industry.
The success of films like "Parasite" from South Korea and "Crouching Tiger, Hidden Dragon" from China has demonstrated the growing appeal of Asian cinema on the global stage. Moreover, the Chinese film industry has experienced significant growth over the past few decades, mirroring the country's broader economic development.
This thriving market has led to an increased demand for cinemas as well. According to the National Film Administration of China, despite the uncertainties surrounding the exhibition sector caused by COVID-19, China managed to construct over 2,000 new screens within the first two months of 2021.
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Target buyers of Asia Pacific movie and entertainment market databook
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Our clientele includes a mix of movie and entertainment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific movie and entertainment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific movie and entertainment market size, by country, 2018-2030 (US$M)
Asia Pacific Movie And Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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