IntroductionEditor’s ChoiceWhat Includes The Film Industry?By The DistributorBy Running TimeBy DemographicBy A Visit Movie TheatersBy Box OfficeBy The Top Movies of 2022By The Language Of MoviesBy The Production MethodConclusionRelated:15+ Eye-Opening Supercomputer Statistics That You Should Know In 2023SEO Statistics By Organic Search Traffic, Ranking, Industry/Company, Business, Mobile, Platform, Country, Activity, and Satisfaction RateLive Chat Statistics By Usage, Demographic, Reason, Technologies Market Share, Customer Preference, Company Improvement, and PlatformsSEO Statistics By Organic Search Traffic, Ranking, Industry/Company, Business, Mobile, Platform, Country, Activity, and Satisfaction Rate
Film Industry Statistics 2024 By The Distributor, Running Time, Demographic and Box Office Revenue
September 10, 2024
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Introduction
Undoubtedly, the film industry is the most significant contributor to the global economy, with a downfall faced in 2020 due to the lockdown situation. The film industry, belonging to the creative field, employs millions globally in various roles such as acting, graphic design, video editing, and writing. The film industry has grown into a billion-dollar industry, showcasing a vibrant tapestry of achievements and challenges in 2023.
The industry accrued a total box office gross of $527,876,195 and sold over 50 million tickets in 2023. Musicals and films like “Wonka” and “Mean Girls” led the box office, highlighting the diverse audience appetite and genre popularity. Despite production delays and innovative distribution challenges, the industry continues to adapt and thrive, primed for growth and surprises.
This section presents Film Industry Statistics and Insights from a global perspective, focusing on the years 2021 and 2023, reflecting unique and interesting data across different segments and categories.
Editor’s Choice
In 2022, the average price for a movie ticket in domestic theaters was USD 9.17.
English emerged as the predominant language for global box office movie releases as of 2023.
North America was identified as the top-grossing territory in the domestic box office market in 2023.
The European film industry held a global market share of 26.5% in 2021.
Approximately 3% of independent films were not distributed theatrically.
The cinema industry in the United States is projected to expand at a CAGR of 8.3% through to 2027.
The live-action category led as the highest-grossing segment in the film production methodology, amassing a revenue of USD 5,750,204,733.
Revenue generated by the domestic box office reached USD 5.99 billion in 2022.
The global film industry’s annual revenue stood at USD 77 billion as of 2022.
In 2021, 53% of US residents reported feeling uneasy about attending cinema halls due to the pandemic.
The total box office gross for the year reached USD 528,978,195, with a total of 50,235,295 tickets sold. The average ticket price was maintained at USD 10.53, indicating stable consumer spending on cinema.
“Wonka” and “Mean Girls” emerged as the top-grossing movies, with musicals gaining significant traction, underscoring a diverse audience appetite for genre variety.
Greater focus on inventive distribution models became crucial amidst production stoppages caused by strikes, leading to an expectation of more diverse cinematic offerings in the future.
Success of mid-budget films and movie musicals challenges traditional box office perceptions, signaling a shift in consumer preferences towards varied cinematic experiences.
The enduring popularity of the superhero genre is evidenced by upcoming titles like “Kraven The Hunter,” “Madame Web,” “Venom 3,” and “Deadpool 3,” indicating sustained interest in franchise films.
While established IPs and franchise models remain prominent, there is a growing appetite for new narratives and ideas, as seen in the excitement surrounding “Dune: Part Two” and other mid-budget titles.
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What Includes The Film Industry?
The film industry or motion picture industry comprises commercial and technological companies specializing in cinematography, film studios, production, animation, film festivals, and distribution. Collectively, these elements form the filmmaking industry, which now extends beyond theaters to majorly include OTT platforms contributing significantly to film revenues.
Box Office Gross in 2024
– Total Box Office Gross: $528,978,195
– Tickets Sold: 50,235,295
– Average Ticket Price: $10.53
Top Grossing Movies of 2024
1. Wonka – Released on Dec 15, 2023 by Warner Bros. – Musical Genre
– 2024 Gross: $64,256,470
– Tickets Sold: 6,102,228
2. Mean Girls – Released on Jan 12, 2024 by Paramount Pictures – Musical Genre
– 2024 Gross: $63,406,038
– Tickets Sold: 6,021,466
3. Anyone But You – Released on Dec 22, 2023 by Sony Pictures – Romantic Comedy Genre
– 2024 Gross: $48,994,269
– Tickets Sold: 4,652,827
4. Migration – Released on Dec 22, 2023 by Universal – Adventure Genre
– 2024 Gross: $48,805,330
– Tickets Sold: 4,634,884
5. The Beekeeper – Released on Jan 12, 2024 by MGM – Action Genre
– 2024 Gross: $45,450,661
– Tickets Sold: 4,316,302
Biggest Weekends of 2024
1. Mean Girls – Weekend Revenue on Jan 12, 2024: $28,635,307
2. The Beekeeper – Weekend Revenue on Jan 12, 2024: $16,576,007
3. Wonka – Weekend Revenue on Jan 5, 2024: $14,077,078
Market Share for Each Distributor in 2024
1. Warner Bros. – 23.27% of total earnings
2. Universal – 17.06% of total earnings
3. MGM – 15.85% of total earnings
Market Share for Each Genre in 2024
1. Musical – 27.30% of total earnings
2. Action – 23.47% of total earnings
3.Based on statistics, in 2022, the global entertainment and media (E&M) revenue increased by 5.4% reaching US$2.32 trillion, but this growth rate significantly decelerated compared to the 10.6% growth in 2021.
Over the next five years, the growth rate is expected to decline further, with revenue projected to grow by only 2.8% from 2026 to 2027.
The slowdown in E&M revenue growth is primarily attributed to sluggish consumer spending, driven by factors such as inflation, pandemic effects, and geopolitical uncertainties.
Consumer spending on E&M is expected to grow at a compound annual growth rate (CAGR) of 2.4% between 2022 and 2027, reaching a total of US$903.2 billion by 2027.
Advertising expenditure is set to surpass consumer spending in 2025, with global advertising revenue expected to rise from US$763.7 billion in 2022 to US$952.6 billion in 2027, representing a CAGR of 4.5%.
Internet access, another major E&M category, is projected to surpass consumer spending in 2026.
Despite increased digitalization in E&M, the cost of production and distribution is decreasing. Competition among digital content and service providers is on the rise.
Consumer spending per capita on E&M is expected to decrease from 0.53% of average personal income in 2023 to 0.45% in 2027.
Generative AI is being explored as a means to boost productivity in the creative process within the E&M industry.
The gaming sector is experiencing significant growth, with total gaming revenue expected to reach US$312 billion in 2027, driven by creativity, consumer spending, and advertising.
Live sectors, including cinema, esports, and live events, are returning to growth and are expected to outperform the overall E&M industry.
Technology, particularly generative AI, is seen as a new growth engine for the E&M industry, automating tasks and increasing content production efficiency.
Deals activity in the E&M industry has seen fluctuations, with some major mergers and acquisitions, while others have faced challenges.
Regulation and privacy concerns, such as tracking changes and data protection, are impacting the industry, leading to efforts to offer personalized advertising while preserving user anonymity.
Geopolitical factors also influence regulatory interventions, with concerns about data security and access.
As the industry evolves, it’s essential for companies to reassess and refocus their strategies to adapt to changing market dynamics.
In summary, the E&M industry is facing challenges related to slower revenue growth, shifting consumer spending patterns, and increased competition. However, opportunities for growth exist in advertising, gaming, live events, and the adoption of generative AI technologies. Regulatory and privacy issues also play a significant role in shaping the industry’s future.
$4.3 billion from China
$1.5 billion from Japan
$1.2 billion from UK and Ireland
$1.1 billion from France
$0.9 billion from South Korea
$0.8 billion from Germany
$0.64 billion from Australia
$0.63 billion from Mexico
$0.4 billion from Spain
$0.35 billion from Brazil
By The Distributor
(Source: the-numbers)
Movie distributors in 2022 displayed the top 10 revenue-generating companies at the box office globally.
Leading the market was Walt Disney, responsible for $41,999691,340 in revenue with a 17.01% share from around 600 movie releases.
Following closely was Warner Bros, capturing a 15.11% market share with $37,301,875,235 in revenue and 5,314,239,669 tickets sold.
Sony Pictures held the third position with $30,763,026,050 in total box office revenue, representing a 12.46% share.
Universal, with a 12.10% market share, recorded $29,871,134,131 in revenue with 560 movies released.
20th Century Fox and Paramount Pictures reported revenue of $25,882,657,988 and $25,699,685,719 respectively, with market shares of 10.48% and 10.41% each.
Lionsgate, New Line, DreamWorks SKG, and Miramax contributed to the market with varying shares and revenue levels.
By Running Time
(Source: NATIONAL STATISTICS OFFICE: MALTA)
The majority of movies in 2022 had a running time between 76-120 minutes, accounting for 59.8%.
About 20.6% of releases were around 60 minutes, while 18.4% fell into the 121-180 minutes category.
Only 0.6% of films were shorter than 61 minutes or longer than 180 minutes.
By Demographic
(Source: ZIPPIA)
Males represented 51.8% of film crew members, while females made up 48.2%.
These statistics indicate a male-dominated trend in the film industry.
(Source: ZIPPIA)
White individuals accounted for 71% of the film crew, followed by Hispanic or Latino at 19.8%.
Black or African American members represented 9% of the crew in terms of ethnic background.
Asian, American Indian, Alaska Native, and undisclosed backgrounds contributed to the overall makeup of the crew.
(Source: ZIPPIA)
Approximately 37% of individuals in the film industry hold bachelor’s degrees, while 36% have a high school diploma.
Additionally, 17% possess an associate degree, and the remaining 10% entertain other educational backgrounds.
By A Visit Movie Theaters
Based on May 2022 data, 33% of US residents indicated occasional visits to cinema halls.
Conversely, 8% claimed to frequent movie theaters.
Moreover, 41% rarely attended movie theaters, while the remaining 18% never visited.
In 2021, global statistics revealed that 61% of adults did not go to movie theaters throughout the year.
Of those who did visit theaters, 31% went 1 to 4 times, and 9% patronized cinema halls more than 5 times.
In the same year, 53% of US residents expressed hesitancy towards cinema visits due to the pandemic.
Conversely, only 18% felt comfortable returning to movie theaters.
By Box Office
Revenue
Movies released in the year 2022 show that the action genre had the highest revenue of $3,983,514,713, a market share of 53.43%, and sold around 434,407,251 tickets from 54 movie releases.
The adventure genre released 28 movies with a revenue of $980,219,074 and a market share of 13.15%, while the comedy genre had 59 movies earning $691,113,850 with a market share of 9.27%. Tickets sold were 106,894,109 for adventure and 75,366,805 for comedy.
Horror had 37 releases with a market share of 8.51%, revenue of $634,214,244, and tickets sold were 69,161,842. Drama released 144 movies with a market share of 8.33%, revenue of $621,137,428, and tickets sold reaching 67,735,748.
For the thriller/suspense genre, there were 46 releases with a market share of 3.35%, revenue of $249,909,212, and tickets sold totaling to 27,252,891.
Romantic comedy and musical genres each released 11 and 6 movies, generating revenue of $61,505,843 and $57,743,451 with market shares of 1.41% and 0.83%. Ticket sales were 11,492,308 for romantic comedy and 6,707,287 for musicals.
Reality and black comedy genres each had 1 and 3 releases, respectively. They generated revenues of $57,743,451 and $44,614,220 and sold 6,296,995 and 4,865,235 tickets, with market shares of 0.77% and 0.60%.
In 2022, the US led in movie production with 23,035 releases, an average budget of $37,302,936, and a global box office revenue of $612,550,083,433.
The UK and China followed with 4,123 and 2,384 releases, average budgets of $30,196,099 and $35,217,193, and box office revenues of $53,665,576,963 and $42,456,671,308 respectively.
France, Japan, and Germany also made significant contributions, each with various movie releases, budgets, and box office earnings.
Countries like Korea, Canada, Australia, and India also played a part in movie production with different numbers of releases, budgets, and box office revenues.
By The Top Movies of 2022
Avatar: The Way of Water led in revenue in 2022, with a domestic share of 29.37% and total earnings of $2,054,734,732 worldwide.
Top Gun: Maverick followed with $1,487,575,965 worldwide earnings and a 48.32% share at the international box office.
Several other movies like Jurassic World Dominion and Doctor Strange in the Multiverse of Madness also made significant impacts in revenue and market share.
By The Language Of Movies
English dominated the worldwide box office with $612,486,194,772 in revenue from 27,821 releases.
Mandarin and French were significant languages in movie releases, contributing substantial revenue to the global box office.
Japanese, Spanish, Korean, German, Hindi, Cantonese, and Italian also had their shares in movie production and revenue generation.
By The Production Method
(Source: the-numbers)
Regarding Film industry statistics in 2022, the live-action category was the highest-grossing type in product method, resulting in $5,750,204,733 of overall revenue and selling 6,27,066,832 tickets in the domestic market within this genre.
In the year 2022, films using a live-action production method had the highest market share at 77.13%.
Digital animation stood as the second-largest film type by production method in the domestic market of 2022, grossing $1,005,999,359 and selling approximately 109,705,481 tickets.
Having a market share of 13.49%, digital animation held a significant position in the production method.
The third-largest product method in the domestic market was animation/live-action, which sold a total of 75,261,007 tickets, generated $690,143,456 in revenue, and held a market share of 9.26%.
Film industry statistics for 2022 also mentioned other production methods such as stop-motion animation, multiple production methods, and hand animation.
Each of the above three categories respectively sold 690,698, 196,609, and 11,661 tickets with market shares of 0.08%, 0.02%, and 0.00%.
Conclusion
Film industry statistics reveal that revenue is influenced by region, country, and film language choice, contributing to billions in earnings. Despite the pandemic’s impact, the cinema industry continues to evolve annually through technological advancements. The entertainment sector remains resilient, indicating numerous career opportunities in the years to come.
Notably, both the United States of America and India hold substantial market shares in regional movie languages. In 2022, Hindi films globally generated $7,112,680,299 in revenue, emphasizing the film industry’s global relevance in the entertainment sector.
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Film Industry Statistics 2024 By The Distributor, Running Time, Demographic and Box Office Revenue
2023 and 2024 data, along with forecasts for 2025, 2026, 2027, and 2028, reflect evolving trends in the industry.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Film Industry Statistics 2024 By The Distributor, Running Time, Demographic and Box Office Revenue
September 10, 2024
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