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China Cinema Market Forecast by Movies, Companies, Forecast by 2026

 3 years ago
source link: https://www.renub.com/china-cinema-market-p.php
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Until the outbreak of COVID-19, the China Cinema Market had reached an unparalleled 'golden age. But the market declined in 2020 due to COVID-19 since all multiplex were closed. However, 2021 is proving to be a blockbuster year for the Chinese movie industry as economy has opened. The ticket sale from Chinese movie theatres, which has largely contained the coronavirus, has shown a huge jump. The China multiplex revenue for 2021 is expected to surpass the figures of 2019. According to Renub Research, China Cinema Market is projected to grow with a staggering CAGR of 30.12% from 2020 to 2026.

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