Market Insights Digital eServices Event Tickets

Cinema Tickets - Bosnia and Herzegovina

Bosnia and Herzegovina

Revenue in the Cinema Tickets market is projected to reach €584.50k in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 3.91%, resulting in a projected market volume of €681.30k by 2028.
In the Cinema Tickets market, the number of users is expected to amount to 62.5k users by 2028.
User penetration will be 1.8% in 2024 and is expected to hit 1.9% by 2028.
The average revenue per user (ARPU) is expected to amount to €10.39.
In global comparison, most revenue will be generated in China (€6,390.00m in 2024).
With a projected rate of 22.8%, the user penetration in the Cinema Tickets market is highest in Norway.

Key regions: Europe, Asia, Japan, China, South Korea

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Cinema Tickets market in Bosnia and Herzegovina is experiencing significant growth and development.

Customer preferences: Bosnia and Herzegovina has a growing population of movie enthusiasts who enjoy the experience of watching films in theaters. The younger generation, in particular, is highly interested in the latest movies and often seek out the big screen experience. Additionally, there is a growing trend of families and friends choosing to spend their leisure time at cinemas, further driving the demand for cinema tickets.

Trends in the market: One of the key trends in the Cinema Tickets market in Bosnia and Herzegovina is the increasing popularity of international films. Moviegoers in the country are showing a strong interest in Hollywood blockbusters and films from other countries. This trend can be attributed to the widespread availability of international films, as well as the influence of global media and entertainment platforms. Another trend in the market is the rise of multiplex cinemas. These modern cinema complexes offer multiple screens and a wide range of amenities, such as comfortable seating, advanced audiovisual technology, and a variety of food and beverage options. The introduction of multiplex cinemas has not only increased the capacity for movie screenings but has also enhanced the overall cinema experience for customers.

Local special circumstances: Bosnia and Herzegovina has a unique cultural landscape that contributes to the development of the Cinema Tickets market. The country has a rich cinematic history and a strong tradition of storytelling through film. This cultural heritage has fostered a deep appreciation for cinema among the local population, creating a favorable environment for the growth of the market. Furthermore, Bosnia and Herzegovina has a diverse population with different ethnic backgrounds, which has led to a demand for films that cater to various tastes and preferences. As a result, cinemas in the country often screen a wide range of movies, including local productions, international blockbusters, and films from other countries in the region. This diversity of film offerings helps to attract a larger audience and drive ticket sales.

Underlying macroeconomic factors: The growing Cinema Tickets market in Bosnia and Herzegovina can also be attributed to positive macroeconomic factors. The country has experienced steady economic growth in recent years, which has resulted in an increase in disposable income among the population. As a result, more people have the means to spend on entertainment activities, including going to the cinema. Additionally, the government of Bosnia and Herzegovina has been supportive of the film industry, providing incentives and funding for local productions. This support has helped to boost the quality and quantity of domestic films, further driving the demand for cinema tickets. In conclusion, the Cinema Tickets market in Bosnia and Herzegovina is developing due to customer preferences for the big screen experience, the popularity of international films, the rise of multiplex cinemas, the country's cultural landscape, and positive macroeconomic factors. These factors have created a favorable environment for the growth of the market, attracting a diverse audience and driving ticket sales.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.