Market Reports on India Provides the Trending Market Research Report on “India Multiplex Market, By Screen Type (Classic Vs. Premium), By Region, By Major States, Competition, Forecast & Opportunities, 2014 - 2024” under Retail category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
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 Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
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Objective of the Study:
Some of the leading players in India multiplex market are PVR Cinemas, INOX Leisure Limited, Carnival Cinemas, Cinepolis India Pvt. Ltd. and SRS Cinemas.
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of multiplexes across the country. Subsequently, Our Research conducted primary research surveys with the identified stakeholders. While interviewing, the respondents were also enquired about further market segmentation. Our Research analyzed the category of multiplex and presence of all major multiplex across the country.
Our Research calculated India multiplex market size by using a top-down approach, where number of screens was recorded as per screen type and forecast for the future years was made. Our Research sourced these values from the industry experts and externally validated through analyzing historical data of the screen type and regional distribution of multiplex for getting an appropriate, overall market size. Various secondary sources such as news articles, press releases, industry magazines, company websites, white papers, company annual reports and investor presentations were also studied by Our Research.
Key Target Audience:
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.
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