Movie Production in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
8931Revenue
$6.0bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
95,085
Businesses
1,229
Wages
$XXX.Xm
Movie Production in China industry analysis
The Movie Production industry in China is estimated to generate $6.0 billion in 2023. Revenue is expected to decrease at an annualized 5.0% over the five years through 2023. The rapidly rising in the previous years was due to consumption of power, and desire for cultural and entertainment products have fueled the industry's growth. In 2020, revenue is anticipated to decrease by 70.0% due to the negative influence of the COVID-19 pandemic. In 2021, with the recovery of box office of movies, revenue is expected to increase by 245.9% to $8.7 billion. In 2022, China's film market is even more deeply affected by the epidemic, and most theaters have the experience of shutting down due to lockdown. During 2023, with recovering of box office of movies, industry revenue is expected to increase by 42.1% to $8.4 billion.Chinese films have become popular and account for almost two-thirds of total movie tickets sold in China in terms of value. This growth has occurred due to the improved quality of domestic films featuring well-known Chinese actors and directors. Nonetheless, many Chinese-made films are still low-budget, with low commercial value, leaving high potential for improvements in quality. The industry includes 1,229 movie production companies employing 95,085 people with a total payroll of $775.4 million in 2023.As the effects of the COVID-19 outbreak abate, increasing consumer demand for movies and rising production quality and budgets are forecast to support growth in the Movie Production industry over the next five years. Revenue is anticipated to rise at an annualized 6.8% over the five years through 2028, to total $8.4 billion. Stricter copyright protection regulations and enforcement will likely lead to a more standardized market environment, which will also promote the industry's development.
Trends and Insights
- Rising household disposable income is helping the sector continue to grow. Chinese household disposable income has improved significantly in the past decade, and the film production industry will continue to develop along with China's economic growth and increasing cultural consumption.
- Feature films represent the most important product segment in the industry. Feature films usually last about 90 minutes, however recently there have been micro films that last about 5 minutes.
- Beijing generates the largest share of revenue. As a cultural exchange center, Beijing generates the largest share of revenue for the film production industry.
- A strong basis of competition is capital. Since the planning, production and post-production stages of a film all involve a large amount of capital, industry players compete with each other for funding and investment.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 5.0 % over the past five years, to reach an estimated $6.0bn in 2024.
Trends and Insights
Rising household disposable income is helping the industry continue to grow
- Household disposable incomes in China have improved significantly over the past decade as China's economy has rapidly developed.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The industry recovered from the impacts of the COVID-19 pandemic and start to grow rapidly
- Despite the rising price of movie tickets, visiting the cinema will remain an inexpensive form of entertainment compared with other leisure activities, like visiting theme parks.
Biggest companies in the Movie Production in China
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
|---|
There are no companies that hold a large enough market share in the Movie Production in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Feature films, Documentary and special films and Educational films. Feature films is the largest segment of the Movie Production in China.
Trends and Insights
Feature films are the most important segment
- Feature films represent the most important product segment in the industry. This segment includes comedies, thrillers, kung-fu films and musicals.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- TV & Radio Broadcasting in China
Complementors
- Cinemas in China
International industries
- Global Movie Production & Distribution
- Movie & Video Distribution in the US
- Movie & Video Production in the US
- Movie & Video Distribution in Canada
- Movie, TV & Video Production in Canada
Table of Contents
About this industry
Industry definition
The Movie Production industry produces and distributes feature, educational, animated and special films, and documentaries.
What's included in this industry?
Feature filmsEducational filmsAnimated moviesDocumentary and special filmsCompanies
Purchase this report to view all major companies in this industry.
Related Terms
BOX OFFICEFILM SCREENINGVIDEO SCREENINGPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Rising household disposable income is helping the sector continue to grow. Chinese household disposable income has improved significantly in the past decade, and the film pro...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Feature films represent the most important product segment in the industry. Feature films usually last about 90 minutes, however recently there have been micro films that las...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Beijing generates the largest share of revenue. As a cultural exchange center, Beijing generates the largest share of revenue for the film production industry.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
A strong basis of competition is capital. Since the planning, production and post-production stages of a film all involve a large amount of capital, industry players compete ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Many companies are experiencing technological breakthroughs. With the development of science and technology, domestic enterprises have made breakthroughs in cutting-edge proj...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Household disposable income is growing. As the disposable income of Chinese households increases, the demand for leisure and entertainment activities, including watching movi...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit can come from a wide range of sources. In addition to box office revenue, the film production industry also generates revenue from different sources.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Movie Production industry in China in 2024?
The market size of the Movie Production industry in China is $6.0bn in 2024.
How many businesses are there in the Movie Production in China industry in 2024?
There are 1,229 businesses in the Movie Production industry in China, which has declined at a CAGR of 0.4 % between 2019 and 2024.
Has the Movie Production industry in China grown or declined over the past 5 years?
The market size of the Movie Production industry in China has been declining at a CAGR of 5.0 % between 2019 and 2024.
What is the forecast growth of the Movie Production industry in China over the next 5 years?
Over the next five years, the Movie Production industry in China is expected to grow.
What does the Movie Production in China include?
Feature films and Educational films are part of the Movie Production industry.
How competitive is the Movie Production industry in China?
The level of competition is moderate and increasing in the Movie Production industry in China.
