Movie Theatres in Canada - Industry Market Research Report

Movie Theatres in Canada

The performance of the movie theatre industry largely depends on the success or failure of major film releases. Although per capita disposable income directly influences households' ability to spend on discretionary services, such as movies, the marketing efforts and popularity of blockbuster films strongly determine revenue, as movie-going is a relatively low-cost entertainment option. Cineplex, the industry's dominant player, also drives industry performance, as it typically accounts for more than 60.0% of the domestic market. The COVID-19 pandemic created significant disruptions for the industry as theatres temporarily closed and audiences stayed home, which resulted in industry revenue dropping 71.7% in 2020. The industry experienced strong growth in 2021 and 2022 as restrictions eased and audiences returned, supporting profit. Revenue is expected to decline at a CAGR of 1.6% to $2.3 billion over the past five years, with growth of 23.2% forecast during the current year as recovery continues.

The Movie Theatres industry in Canada comprises operators that primarily exhibit movies. It includes cinemas, drive-in and outdoor movie theatres and film festival exhibitors.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.