India Multiplex Market Size, Share & Forecast 2025

13
MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com INDIA MULTIPLEX MARKET FORECAST & OPPORTUNITIES 2014 2024

description

India multiplex market stood at 2950 screens in 2018 and is projected to grow at a CAGR of over 7% to surpass 4500 screens by 2024.

Transcript of India Multiplex Market Size, Share & Forecast 2025

Page 1: India Multiplex Market Size, Share & Forecast 2025

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

INDIA MULTIPLEX MARKET

FORECAST & OPPORTUNITIES

2014 – 2024

Page 2: India Multiplex Market Size, Share & Forecast 2025

2© TechSci Research

Scope of ReportProduct of Interest (POI): Multiplex

Review Period

2014 – 2017

Base Year

2018

Estimated Year

2019

Forecast Period

2020 – 2024

Year Range

India multiplex market is expected to grow at a formidable rate during the forecast period. Growth in India multiplexmarket can be attributed to increasing youth population, growing urbanization and hence, rising demand for betterinfrastructure and enhanced facilities in the cinemas across the country. Additionally, increasing disposable income ofmiddle-class urban population, especially in tier-I and tier-II cities, has led to a shift in consumption pattern fromsavings to spending owing to which people are willing to pay extra for privacy and comfort. This factor is furtherpushing the multiplex market in India.

INDIA MULTIPLEX MARKET

Market Segmentation

SCREEN TYPE

• Classic

• Premium

• North

• South

• East

• West

REGION

Page 3: India Multiplex Market Size, Share & Forecast 2025

3© TechSci Research

S. No. Contents Page No.

1. Product Overview

2. Research Methodology

3. Executive Summary

4. India Multiplex Market Outlook

4.1. Market Size & Forecast

4.1.1. By Volume (Number of Screens)

4.2. Market Share & Forecast

4.2.1. By Screen Type (Classic Vs. Premium)

4.2.2. By Region (East; West; North; South)

4.2.3. By Company (2018)

4.3. Market Attractiveness Index (Screen Type and Region)

5. Maharashtra Multiplex Market Outlook

5.1. Market Size & Forecast

5.1.1. By Volume

5.2. Market Share & Forecast

5.2.1. By Screen Type

6. Gujarat Multiplex Market Outlook

6.1. Market Size & Forecast

6.1.1. By Volume

6.2. Market Share & Forecast

6.2.1. By Screen Type

7. Karnataka Multiplex Market Outlook

7.1. Market Size & Forecast

Table of Contents

Page 4: India Multiplex Market Size, Share & Forecast 2025

4© TechSci Research

S. No. Contents Page No.

7.1.1. By Volume

7.2. Market Share & Forecast

7.2.1. By Screen Type

8. Uttar Pradesh Multiplex Market Outlook

8.1. Market Size & Forecast

8.1.1. By Volume

8.2. Market Share & Forecast

8.2.1. By Screen Type

9. Delhi Multiplex Market Outlook

9.1. Market Size & Forecast

9.1.1. By Volume

9.2. Market Share & Forecast

9.2.1. By Screen Type

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. India Economic Profile

14. Competitive Landscape

14.1. Company Profiles (Leading Companies)

15. Strategic Recommendations

16. About Us & Disclaimer

Table of Contents

Page 5: India Multiplex Market Size, Share & Forecast 2025

RESEARCH METHODOLOGY

Page 6: India Multiplex Market Size, Share & Forecast 2025

6

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in India multiplex market, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary

and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about India multiplex market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

Page 7: India Multiplex Market Size, Share & Forecast 2025

7

Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of India multiplex market. The team has analyzed the outlook of

various segments of this market, while considering the major influencing factors such as increasing youth population, growing urbanization and hence,

rising demand for better infrastructure and enhanced facilities in the cinemas across the country. The study includes market forecasting, which would

enable our clients to take better decisions while planning their strategy to achieve sustainability in India multiplex market.

Methodology Followed for Calculation of Market Size:

• Market Size by Volume: Market size, in terms of volume, for the year 2018 was calculated based on information collected through exhaustive

secondary research and primary surveys with various key opinion leaders/stakeholders, such as multiplex companies, channel partners, major end

users, industry experts, and other industry participants.

• The team interviewed 40–50 multiplex companies, 180–200 major end users, and 15–20 Industry experts and other value chain stakeholders in India

multiplex market to obtain the overall market size from 2014 to 2018, which was validated by using Delphi technique. Taking standard deviation into

consideration, the market size was averaged out, to arrive at the market size data during 2014-2018.

Page 8: India Multiplex Market Size, Share & Forecast 2025

8

Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by screen type, by region and by company. Removing the

outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered,

to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

Market shares by screen type, by region and by company were calculated based on the responses received through primary surveys with industry

experts, in which the respondents were asked about the market shares or revenue generated from various market segments. The final shares were

calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India multiplex

market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

Page 9: India Multiplex Market Size, Share & Forecast 2025

9

Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long-term period to estimate and analyze market demand scenario. It should be noted that the figures

compiled are only for the organized market including market share data.

Partial List of Companies Interviewed Key Secondary Sources

▪ PVR Cinemas

▪ INOX Leisure Limited

▪ Carnival Cinemas

▪ Cinepolis India Pvt. Ltd.

▪ SRS Cinemas

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

© TechSci Research

Page 10: India Multiplex Market Size, Share & Forecast 2025

10© TechSci Research

INDUSTRY BRIEF

According to TechSci Research report, “India Multiplex Market By Screen Type, By Region, By Major States, Competition, Forecast & Opportunities, 2014 -

2024”, India multiplex market is projected to grow at a CAGR of over 7% during 2019-2024. The growth of India multiplex market can be attributed to rapid

urbanization coupled with rising trend of dual household income across the country and hence increasing disposable income which is favoring the shift in

preferences of people, especially of young generation who are increasingly opting to watch movies in multiplexes than single screen cinemas due to the quality

of service offered at multiplex.

In terms of region, West India dominated India multiplex market with 45% of market share in 2018. This region consists of states like Maharashtra and Gujarat

where inclination towards luxurious lifestyle and convenience is high. Maharashtra, Gujarat, Karnataka and Uttar Pradesh are the states holding major share in

India multiplex market on account of large consumer base and high urban population share with comparatively higher purchasing power of people. Some of the

leading companies operating in India multiplex market are PVR Cinemas, INOX Leisure Limited, Carnival Cinemas, Cinepolis India Pvt. Ltd. and SRS Cinemas.

On the basis of screen type, India multiplex market has been categorized into Classic and Premium. Classic screens dominate India multiplex market and are

expected to maintain their dominance during the forecast period as well on account of lower ticket prices of these screens that fit well in the budget of middle-

class income group which dominates India’s population.

“With discretionary spending of consumers gradually rising, especially in tier-I and tier-II cities, preference of multiplexes over single-screen cinemas is also

witnessing an increase. Parking facilities, superior interiors, comfort and availability of several options at the food court are some of the major factors driving the

growth of multiplexes across the country. Also, with rising inclination towards Hollywood movies and screening of the same in 3D, 4DX formats is further

pushing the market for multiplexes in India.” said Mr. Karan Chechi Research Director with TechSci Research, a research based global management consulting

firm.

Page 11: India Multiplex Market Size, Share & Forecast 2025

11© TechSci Research

SAMPLE DATA - SNAPSHOT

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

2014 2018 2019E 2024F

By Volume (Number of screens)

India Multiplex Market Size, By Volume (Number of Screens), 2014–2024F

CAGR BY VOLUME

XX%CAGR BY VOLUME

YY%

India Multiplex Market Share, By Screen Type, By Volume, 2014–2024F

50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%

50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%

2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F

Premium

Classic

India Multiplex Market Share, By Company, By Volume, 2018

100%15%

10%8%

5% 4% 3% 3%

52%

Total Company 1 Company 2 Company 3 Company 4 Company 5 Company 6 Company 7 Others

Page 12: India Multiplex Market Size, Share & Forecast 2025

12© TechSci Research

REPORT ORDERING

REPORT NAME: INDIA MULTIPLEX MARKET

FORECAST & OPPORTUNITIES

2014 – 2024

License Type Price

Single User License $2950

Multi-User License $3750

Custom Research License $7500

To View Sample OR Purchase Report

Page 13: India Multiplex Market Size, Share & Forecast 2025

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci

Research provides market research reports in a number of areas to organizations. The company uses innovative business

models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a

unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of

company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.

Related Reports

• India Cinema Advertising Market, 2014-2024

• Global Family Entertainment Centers Market, 2014-2024

• India Music Streaming Market, 2014-2024

Partial List of Clients

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation

is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been

obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the

accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from

the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The

information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are

indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will

require prior approval of TechSci Research.

TechSci Research – North America

708 Third Avenue, Manhattan,

New York, United States

Tel: +1- 646- 360- 1656

Email: [email protected]

www.techsciresearch.com

TechSci Research – Europe

54, Old brook, Bretton,

Peterborough,

United Kingdom

Email: [email protected]

www.techsciresearch.com

TechSci Research – Asia-Pacific

B – 44, Sector – 57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900

Email: [email protected]

www.techsciresearch.com

Disclaimer