Frequently asked questions
However, the COVID-19 pandemic has impacted the market’s growth. COVID-19 guidelines were imposed in various countries, and movie theatres were closed, which impacted the growth of the market. For instance, in the blog published by Livemint, nearly 10,000 theatres were closed from mid-march of 2020. Moreover, a major American movie theatre chain said it would temporarily shutter 100 locations in the U.S. and the U.K.
Asia Pacific accounted for the largest share of the global movie theatre market, due to the rising expenditure of consumers on entertainment.
Increasing numbers of 3D screen movie theatres is one of the factors expected to drive the global market growth.
The 3D screen segment had a major global market share in 2021.
The multiplexes segment had a major share in the global market.