$15.3bn
$XXX.Xm
77,582
2,315
$X.Xbn
Demand for movie theaters has been on a consistent dip thanks to intense competition from online streaming platforms. The industry experienced its most significant drop in performance amid the outbreak of COVID-19, which fueled at-home viewership. The pandemic created substantial disruptions for the industry as theatres temporarily closed and audiences stayed home, which resulted in industry revenue plummeting 73.2% in 2020. Although the industry experienced robust growth in 2021 and 2022 as restrictions eased and audiences returned, revenue has yet to return to its pre-pandemic total. Revenue has fallen at a CAGR of 6.1% to $15.3 billion through the end of 2024. Profitability has returned following pandemic lows thanks to theatres implementing monthly subscription programs and offering premium concessions, but overall profit remains depressed from where it was in 2019.
Industry revenue has declined at a CAGR of 6.1 % over the past five years, to reach an estimated $15.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Amc Entertainment Holdings, inc. | 3,535.5 | -62.7 | -1.8 | |
Cinemark Holdings, Inc. | 2,493.5 | 238.2 | 9.6 | |
Cineworld Group Plc | 1,910.8 | 424.0 | 22.2 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Admissions to feature films, Food and beverage sales and Advertising revenue. Admissions to feature films is the largest segment of the Movie Theaters in the US.
Most revenue is made from admissions
This industry comprises businesses that primarily show movies. It includes cinemas, drive-in and outdoor movie theaters and film festival exhibitors.
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NAICS 51213 - Movie Theaters in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
COVID-19 hit movie theaters hard, but they're bouncing back. Despite crushing losses in 2020, innovative strategies and pent-up demand have driven a significant recovery, tho...
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Ticket sales account for over half of total revenue. Obtaining the rights to major blockbusters is key, since a popular film is more likely to sell out. Online box office tic...
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Movie theater distribution follows population distribution. The region with the largest population, the Southeast, has the most movie theaters. Regions with dense cities have...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Popular films attract audience members, so movie theaters must ensure they have the rights to the season’s biggest hit. Movie theaters must also compete with projects release...
Learn about the performance of the top companies in the industry.
Three companies control more than half the market. AMC, Cinemark and Cineworld dominate the industry and have been able to do so through acquisitions.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Alcohol sales boost theater revenue. Many theaters can now serve beer, wine and spirits thanks to new laws. This change gives moviegoers another reason to step out and catch ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The industry is labor-intensive, as wage expenses exceed purchase costs. A moderately sized labor force is required, as employees are needed to clean theaters and run concess...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Movie Theaters in the US industry in United States is $15.3bn in 2024.
There are 2,315 businesses in the Movie Theaters in the US industry in United States, which has grown at a CAGR of 2.1 % between 2019 and 2024.
The market size of the Movie Theaters in the US industry in United States has been declining at a CAGR of 6.1 % between 2019 and 2024.
Over the next five years, the Movie Theaters in the US industry in United States is expected to grow.
The biggest companies operating in the Movie Theaters market in United States are Amc Entertainment Holdings, inc., Cinemark Holdings, Inc. and Cineworld Group Plc
Admissions to feature films and Food and beverage sales are part of the Movie Theaters in the US industry.
The company holding the most market share in United States is Amc Entertainment Holdings, inc..
The level of competition is high and steady in the Movie Theaters in the US industry in United States.