China Movie And Entertainment Market Size & Outlook
China movie and entertainment market, 2018-2030 (US$M)
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China movie and entertainment market highlights
- The China movie and entertainment market generated a revenue of USD 13,528.7 million in 2023 and is expected to reach USD 22,543.2 million by 2030.
- The China market is expected to grow at a CAGR of 7.6% 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.
Movie and entertainment market data book summary
| Market revenue in 2023 | USD 13,528.7 million |
| Market revenue in 2030 | USD 22,543.2 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Movies (box office) |
| Fastest growing segment | Music & Videos |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 13.5% of the global movie and entertainment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China movie and entertainment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,172.7 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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China 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 60.39% in 2023. Horizon Databook has segmented the China movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
The increase in popularity of Chinese films across the region has been fueling the growth of the Chinese movies and entertainment market over the last few years. This rise in popularity is further fueled by a significant increase in disposable incomes, particularly among urban youth, leading to a higher number of moviegoers.
In addition, advancements in movie production technologies and screening equipment have contributed to the growth of the industry. Moreover, the expansion of cinema screens has effectively met the rising demand for entertainment in the country.
This upward trend in box-office earnings has persisted, with the total earnings for the first half of the year rivaling those of the leading North American movie market. This highlights the sustained recovery and growth of the Chinese movie industry.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the China movie and entertainment market , including forecasts for subscribers. This country databook contains high-level insights into China movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China movie and entertainment market size, by product, 2018-2030 (US$M)
China Movie And Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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