In recent years, with the booming of the film market, cinema construction in China has continued to increase and the number of screens has risen dramatically. As of 2016, the number of screens had surpassed the 40,000 mark in China, which made China the number one nation for the most number of screens, surpassing the U.S. It is expected that China’s number of screens will grow to about 80,000 by 2020, which is double the number in the U.S. market. However, the competitive landscape of the cinema market has intensified. Although the top players haven’t changed, with more and more new entrants and sustained industry consolidation, the market share of the Top 10 players is gradually narrowing.
Retail & Consumer and Technology Strategy Consulting, PwC Hong Kong
Tel: +86 (10) 6533 7020
China E&M Partner, PwC Hong Kong
Tel: + (21) 2323 264