Pop-Up Cinema Market was valued at USD 824.72 Million in 2018 and is forecast to reach USD 1972.29 Million by 2027 with a CAGR of 19.05% during the forecast period 2019-2027.
A temporary or mobile cinema is referred as a pop-up cinema. Generally, it is set-up at beach, park, roof-tops, grounds or city centers of a visitor’s interest and attraction. Differentiation of pop-up cinema in terms of technology, physical environment, seasonality, capacity, and added screening value is attracting modern consumers in the industry. As the market is in growth phase, several new entrants are penetrating market with creative and comprehensive offerings. Technological advancements in projection, mobile screen, and sound development are allowing key companies to enhance their services and increase the total number of screenings per year.
High preference for pop up cinemas as a leisure activity in developed countries is driving the growth of the Pop-Up Cinema Market. Millennium population across developing economies is increasingly spending on cinemas as one of the top leisure activity is anticipated to offer the potential market for pop-up cinema in the coming years.
Top Key Players Covered in Pop-Up Cinema Market:
Cineworld, National Amusements, Empire Cinemas, Vue, Picturehouse Cineworld, Odeon, Pop-up Screens, The Nomad Cinema, Rooftop Film Club London, Sundown Cinema, Lost Lands Cinema, Snowcat Cinema, The Village Screen, Adventure Cinema, Backyard Cinema, Open Air Film & Chill, Sneaky Experience, Secret Cinema, Cinestock, and many among others.
North America, holding the supreme shares, is the leading regional entity from a geographical point of view. The market in North America is responsible for the maximum share in the Global Pop-Up Cinema Market. Europe, powered by its major countries such as the U.K, France, Germany, Italy, and the rest of it, follows North America with regards to market share in the global market. Asia Pacific is estimated to exceed all other regions with the highest CAGR from 2019 to 2027 where mainly India, China, and Japan are getting a firmer grip on the technological developmental front.
The Global Pop-Up Cinema Market report has primarily witnessed a shift towards digitization of the grid system and is termed as a major factor contributing to the growth of the global industry. Technological and population growth are one of the major driving forces for the Global Pop-Up Cinema Market. They are also huge data networks that are vital for the continuous functioning of various economic sectors. It is now a must-have factor for certain sectors, especially for energy to make sure to have the latest security solutions to avoid risks. The key players are indulging in strategic merger and acquisition activities with their fellow competitors to ease out the cost incurred in research and development activities.
Pop-Up Cinema Market by Cinema Set-up:
Indoor experiential cinema
Pop-Up Cinema Market by Cinema Capacity:
In This Study, The Years Considered To Estimate the Size Of Pop-Up Cinema Market Are As Follows:
History Year: 2015-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2027
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Source: Market Expert 24