An analysis of the forecasted average expenditure per household on movie theatres in Canada indicates a steady increase from 2024 to 2028. In 2023, the average expenditure per household was CAD 86.0, providing a baseline for comparison with forecasted figures.
Year-on-year variations reveal a consistent growth pattern:
• 2024: +2.85%
• 2025: +2.32%
• 2026: +2.21%
• 2027: +2.11%
• 2028: +2.05%
The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 2.31%, signifying a stable upward trend in household spending on movie theatres over the five-year period.
Future trends to watch for include potential impacts of evolving streaming services, technological advancements in home entertainment systems, and shifts in consumer preferences towards on-demand media consumption, which may impact the growth trajectory of movie theatre expenditures.
