Cinema market overall28 Dec 2024 10:22
PwC forecasts strong overall growth in the UK entertainment market - revenue is expected to reach £85bn in 2023, with growth forecast to reach £100bn overall by 2027. The cinema market specifically (which forms part of the entertainment category) is forecast to grow over the next four years at a 7% CAGR, and revenues will exceed pre-pandemic levels by 2025, at £1.3bn.According to Statista, the UK cinema ticket market is forecast to recover strongly from now to 2028, exceeding 2019 levels by 17% in 2023, and by 42% by 2028 (see Figure 1).