India multiplex market stood at 2950 screens in 2018 and is projected to grow at a CAGR of over 7% to surpass 4500 screens by 2024. Growth in India multiplex market can be attributed to increasing youth population, growing urbanization and hence, rising demand for better infrastructure and enhanced facilities in the cinemas across the country which is leading to development of multiplex market in India.
Additionally, increasing disposable income of middle-class urban population, especially in tier-I and tier-II cities has led to a shift in consumption pattern from savings to spending owing to which people are willing to pay extra for privacy and comfort. This factor is further pushing the market for multiplex in India.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020-2024
Objective of the Study
- To analyze and forecast India multiplex market size.
- To classify and forecast India multiplex market based on screen type and regional distribution.
- To identify drivers and challenges for India multiplex market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in India multiplex market
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Some of the leading players in India
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of multiplexes across the country. Subsequently, Market insights research conducted primary research surveys with the identified stakeholders. While interviewing, the respondents were also enquired about further market segmentation. Market insights research analyzed the category of multiplex and presence of all major multiplex across the country.
Market insights research calculated India
Key Target Audience
- Multiplex owners
- Potential investors
- Organizations, forums and alliances related to multiplex market
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as multiplex owners, potential investors, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
