GITNUX REPORT 2024

Global Film Industry Statistics: Revenue Soars, Market Predicted to Triple

Delve into the $100 billion global film industry, Chinas rise, and industry projections by 2025.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

'Avengers: Endgame' is the highest-grossing film of all time, earning $2.8 billion worldwide

Statistic 2

The global box office hit an all-time high of $42.5 billion in 2019

Statistic 3

The global box office for Chinese-language films was $2.94 billion in 2019

Statistic 4

Bollywood's box office revenue was $2.1 billion in 2019

Statistic 5

The average Hollywood movie makes 60% of its total gross in the first three weeks of release

Statistic 6

The average Hollywood movie earns 49% of its total gross from international markets

Statistic 7

The global film industry employs over 2 million people

Statistic 8

Women directed 16% of the top 100 grossing films in 2020

Statistic 9

In 2019, 85% of Hollywood films had at least one woman in a major role

Statistic 10

The average salary for a Hollywood actor was $50,529 per year in 2021

Statistic 11

The average Hollywood movie has a crew of 588 people

Statistic 12

The average salary for a Hollywood director was $104,000 per year in 2021

Statistic 13

China has the most cinema screens in the world, with over 75,000 as of 2020

Statistic 14

The global number of digital cinema screens reached 200,000 in 2020

Statistic 15

3D movie screens accounted for 71% of all cinema screens worldwide in 2019

Statistic 16

The average ticket price in the US was $9.16 in 2019

Statistic 17

IMAX revenue reached $1.035 billion in 2019

Statistic 18

The global movie theater market size was valued at $45.54 billion in 2021

Statistic 19

The global film festival market size was valued at $3.05 billion in 2019

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Global cinema advertising revenue reached $4.6 billion in 2019

Statistic 21

The number of drive-in theaters in the US increased by 20% in 2020

Statistic 22

The global movie theater food and beverage market was valued at $22.7 billion in 2019

Statistic 23

The number of IMAX theaters worldwide reached 1,529 in 2019

Statistic 24

The global movie projector market size was valued at $3.67 billion in 2019

Statistic 25

The global movie theater seating market size was valued at $2.3 billion in 2019

Statistic 26

The global movie theater screen market size was valued at $4.7 billion in 2019

Statistic 27

The global movie theater sound system market size was valued at $2.1 billion in 2019

Statistic 28

The number of movie tickets sold in China reached 1.73 billion in 2019

Statistic 29

The number of movie theaters in the US decreased by 5% from 2019 to 2020

Statistic 30

The global movie theater concession stand market size was valued at $15.6 billion in 2019

Statistic 31

The global film industry revenue was estimated at $100 billion in 2019

Statistic 32

China's box office revenue surpassed North America's for the first time in 2020

Statistic 33

The global film industry is expected to reach $318 billion by 2025

Statistic 34

Hollywood's share of global box office revenue was about 70% in 2019

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The global film tourism market is expected to reach $266 billion by 2026

Statistic 36

The global movie merchandising market was valued at $32.3 billion in 2020

Statistic 37

The global film tourism market is expected to grow at a CAGR of 18.8% from 2021 to 2027

Statistic 38

The global film distribution market size was valued at $47.1 billion in 2019

Statistic 39

The global film insurance market size was valued at $3.2 billion in 2020

Statistic 40

India produces the most films annually, with over 1,800 releases in 2018

Statistic 41

The average budget for a Hollywood studio film was $65 million in 2019

Statistic 42

The VFX industry is expected to reach $23.7 billion by 2025

Statistic 43

The global animation market was valued at $264 billion in 2019

Statistic 44

China's Hengdian World Studios is the world's largest film studio, covering 2,500 acres

Statistic 45

The global film equipment market is expected to reach $10.7 billion by 2025

Statistic 46

The average marketing budget for a Hollywood studio film was $35 million in 2019

Statistic 47

The global film music market size was valued at $2.7 billion in 2019

Statistic 48

The global film production software market size was valued at $265.39 million in 2019

Statistic 49

The global film dubbing market size was valued at $2.4 billion in 2020

Statistic 50

The number of films produced globally increased by 10% from 2014 to 2018

Statistic 51

The global film location scouting services market size was valued at $162.4 million in 2019

Statistic 52

The average Hollywood movie takes 871 days from development to theatrical release

Statistic 53

The global film prop rental market size was valued at $1.2 billion in 2020

Statistic 54

The number of films rated by the MPAA in the US decreased by 20% from 2019 to 2020

Statistic 55

The average budget for a Bollywood film was $3.6 million in 2019

Statistic 56

The global film soundtrack market size was valued at $1.8 billion in 2020

Statistic 57

The global film costume design market size was valued at $2.3 billion in 2019

Statistic 58

The global film editing software market size was valued at $784.9 million in 2019

Statistic 59

The number of films produced in Europe increased by 5% from 2018 to 2019

Statistic 60

The average marketing spend for a Hollywood blockbuster was $200 million in 2019

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Netflix spent $17 billion on content in 2020

Statistic 62

Disney+ reached 100 million subscribers in just 16 months

Statistic 63

The global video streaming market size was valued at $50.11 billion in 2020

Statistic 64

Streaming services accounted for 26% of global entertainment revenue in 2019

Statistic 65

The number of Netflix Oscar nominations increased from 8 in 2018 to 24 in 2020

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Summary

  • The global film industry revenue was estimated at $100 billion in 2019
  • China's box office revenue surpassed North America's for the first time in 2020
  • The global film industry is expected to reach $318 billion by 2025
  • India produces the most films annually, with over 1,800 releases in 2018
  • Hollywood's share of global box office revenue was about 70% in 2019
  • The average budget for a Hollywood studio film was $65 million in 2019
  • Netflix spent $17 billion on content in 2020
  • Disney+ reached 100 million subscribers in just 16 months
  • The global video streaming market size was valued at $50.11 billion in 2020
  • 'Avengers: Endgame' is the highest-grossing film of all time, earning $2.8 billion worldwide
  • The global box office hit an all-time high of $42.5 billion in 2019
  • China has the most cinema screens in the world, with over 75,000 as of 2020
  • The global number of digital cinema screens reached 200,000 in 2020
  • 3D movie screens accounted for 71% of all cinema screens worldwide in 2019
  • The average ticket price in the US was $9.16 in 2019

Lights, camera, action! Step into the glitzy world of the global film industry where numbers speak louder than words. From Bollywoods bustling box office to Hollywoods hefty budgets, and Chinas cinematic supremacy to Netflixs content splurge, the reel world is a gold mine of staggering statistics. With the industry set to hit a record-breaking $318 billion by 2025, its clear that when it comes to movies, the numbers are truly larger than life.

Box Office

  • 'Avengers: Endgame' is the highest-grossing film of all time, earning $2.8 billion worldwide
  • The global box office hit an all-time high of $42.5 billion in 2019
  • The global box office for Chinese-language films was $2.94 billion in 2019
  • Bollywood's box office revenue was $2.1 billion in 2019
  • The average Hollywood movie makes 60% of its total gross in the first three weeks of release
  • The average Hollywood movie earns 49% of its total gross from international markets

Interpretation

In a world where superheroes, singing, and spectacular visuals reign supreme, the numbers speak for themselves. 'Avengers: Endgame' smashed records and wallets alike, proving that audiences will gladly don their capes and shell out billions for a cinematic thrill. But it's not just Marvel saving the day - with the global box office hitting unprecedented heights, it seems the world can't resist the allure of the silver screen. From the soaring success of Chinese-language films to Bollywood's box office blitz, the global film industry paints a vibrant picture of diversity and dollar signs. With Hollywood movies racing to capture hearts and wallets worldwide, it's clear that the film industry's superpower lies in the international arena. In this blockbuster battleground, one thing is certain: the show must go on, and the cash registers keep ringing.

Employment

  • The global film industry employs over 2 million people
  • Women directed 16% of the top 100 grossing films in 2020
  • In 2019, 85% of Hollywood films had at least one woman in a major role
  • The average salary for a Hollywood actor was $50,529 per year in 2021
  • The average Hollywood movie has a crew of 588 people
  • The average salary for a Hollywood director was $104,000 per year in 2021

Interpretation

The global film industry sure knows how to showcase both talent and disparities in one dazzling reel. With over 2 million crew members on board, the industry appears inclusive on the surface, yet the numbers tell a different tale: only 16% of top-grossing films had women at the helm in 2020. Hollywood, notorious for its glitz and glamour, seems to be making strides with 85% of films featuring women in major roles, but the pay gap remains glaringly obvious. While the average actor is making a modest $50,529 per year, the average director commands a more respectable $104,000 paycheck. Maybe it's time for Hollywood to rewrite this script and give everyone the blockbuster ending they deserve.

Exhibition

  • China has the most cinema screens in the world, with over 75,000 as of 2020
  • The global number of digital cinema screens reached 200,000 in 2020
  • 3D movie screens accounted for 71% of all cinema screens worldwide in 2019
  • The average ticket price in the US was $9.16 in 2019
  • IMAX revenue reached $1.035 billion in 2019
  • The global movie theater market size was valued at $45.54 billion in 2021
  • The global film festival market size was valued at $3.05 billion in 2019
  • Global cinema advertising revenue reached $4.6 billion in 2019
  • The number of drive-in theaters in the US increased by 20% in 2020
  • The global movie theater food and beverage market was valued at $22.7 billion in 2019
  • The number of IMAX theaters worldwide reached 1,529 in 2019
  • The global movie projector market size was valued at $3.67 billion in 2019
  • The global movie theater seating market size was valued at $2.3 billion in 2019
  • The global movie theater screen market size was valued at $4.7 billion in 2019
  • The global movie theater sound system market size was valued at $2.1 billion in 2019
  • The number of movie tickets sold in China reached 1.73 billion in 2019
  • The number of movie theaters in the US decreased by 5% from 2019 to 2020
  • The global movie theater concession stand market size was valued at $15.6 billion in 2019

Interpretation

In a world where the silver screen reigns supreme, the numbers speak volumes—China proudly leading the pack with an army of over 75,000 cinema screens while the digital revolution marches on with a global total of 200,000 screens in 2020. With 3D screens dominating the landscape like a blockbuster superhero, it seems we're all reaching for those stylish glasses. Meanwhile, as ticket prices dance around the $9 mark in the US, IMAX flexes its muscle with a cool $1.035 billion in revenue. The global movie theater market, valued at a staggering $45.54 billion, is a true showstopper—with film festivals adding their own splash of glamour at $3.05 billion. And let's not forget the unsung heroes in the spotlight—the drive-in theaters making a roaring comeback and the popcorn empire holding strong at a tasty $22.7 billion. In this celluloid jungle, where tech meets tradition and dollars make the magic happen, the show must go on!

Market Size

  • The global film industry revenue was estimated at $100 billion in 2019
  • China's box office revenue surpassed North America's for the first time in 2020
  • The global film industry is expected to reach $318 billion by 2025
  • Hollywood's share of global box office revenue was about 70% in 2019
  • The global film tourism market is expected to reach $266 billion by 2026
  • The global movie merchandising market was valued at $32.3 billion in 2020
  • The global film tourism market is expected to grow at a CAGR of 18.8% from 2021 to 2027
  • The global film distribution market size was valued at $47.1 billion in 2019
  • The global film insurance market size was valued at $3.2 billion in 2020

Interpretation

In the game of lights, camera, and cash, the global film industry is not just rolling, it's projecting revenue numbers that could make even the most jaded producer do a double take. With China stealing the spotlight from North America in box office earnings, Hollywood might want to revamp its script to stay in the lead role. Projections suggest that by 2025, the industry will be playing on a $318 billion stage, while film tourism becomes the new blockbuster with a global audience of $266 billion by 2026. Merchandising and distribution are no slouch either, showing that in this industry, every reel has a wheel of fortune waiting to spin. So grab your popcorn and your insurance policy, because in this showbiz, the show must go on – with or without a sequel.

Production

  • India produces the most films annually, with over 1,800 releases in 2018
  • The average budget for a Hollywood studio film was $65 million in 2019
  • The VFX industry is expected to reach $23.7 billion by 2025
  • The global animation market was valued at $264 billion in 2019
  • China's Hengdian World Studios is the world's largest film studio, covering 2,500 acres
  • The global film equipment market is expected to reach $10.7 billion by 2025
  • The average marketing budget for a Hollywood studio film was $35 million in 2019
  • The global film music market size was valued at $2.7 billion in 2019
  • The global film production software market size was valued at $265.39 million in 2019
  • The global film dubbing market size was valued at $2.4 billion in 2020
  • The number of films produced globally increased by 10% from 2014 to 2018
  • The global film location scouting services market size was valued at $162.4 million in 2019
  • The average Hollywood movie takes 871 days from development to theatrical release
  • The global film prop rental market size was valued at $1.2 billion in 2020
  • The number of films rated by the MPAA in the US decreased by 20% from 2019 to 2020
  • The average budget for a Bollywood film was $3.6 million in 2019
  • The global film soundtrack market size was valued at $1.8 billion in 2020
  • The global film costume design market size was valued at $2.3 billion in 2019
  • The global film editing software market size was valued at $784.9 million in 2019
  • The number of films produced in Europe increased by 5% from 2018 to 2019
  • The average marketing spend for a Hollywood blockbuster was $200 million in 2019

Interpretation

In a world where India churns out more films than one can count, Hollywood throws around budgets that could feed small countries, and China boasts a film studio bigger than some national parks, the global film industry is a larger-than-life spectacle in itself. With VFX set to make more money than some countries' GDPs by 2025 and the animation market valued at seemingly astronomical figures, it's clear that the magic of storytelling on the silver screen is a serious business. From the meticulous film editing software to the flashy marketing campaigns and the ever-evolving soundtrack and costume design markets, the industry is a well-oiled machine where creativity meets commerce at a blockbuster scale. So, the next time you watch a movie, remember the billions of dollars and countless hours that went into creating that moment of escape.

Streaming

  • Netflix spent $17 billion on content in 2020
  • Disney+ reached 100 million subscribers in just 16 months
  • The global video streaming market size was valued at $50.11 billion in 2020
  • Streaming services accounted for 26% of global entertainment revenue in 2019
  • The number of Netflix Oscar nominations increased from 8 in 2018 to 24 in 2020

Interpretation

In a world where streaming wars are waged with wallets as their weapons, the numbers speak volumes of our insatiable appetite for digital delights. With Netflix splurging a cool $17 billion on content in 2020 alone, it's clear that in this cutthroat industry, money truly talks. Meanwhile, Disney+ blitzed through the 100 million-subscriber milestone at superhuman speed, proving that even the mighty House of Mouse can't resist the siren call of the small screen. As the global video streaming market size surged past the $50 billion mark, traditional entertainment behemoths are left scrambling to catch up in this game of digital domination. With streaming services snagging a quarter of global entertainment revenue, it seems that the era of the silver screen is swiftly fading into the rearview mirror. And as Netflix's Oscar nominations multiply like rabbits on steroids, it's evident that the crown jewel of Tinseltown is no longer a glittering golden statue, but a pixelated one on a screen near you.

References