Global Box Office Projected To Reach $33B In 2022: Analysts

Taking an early look at 2022, gower street analytics is estimated to reach the global box office $33.2B next year. It will repeat the 58% growth in 2021 if the current year stays on track for the London-based firm’s estimated $21B (that’s a slightly revised number from it) October prediction for the year, due to some Hollywood films not securing China dates until December). Gower Street estimated the 2021 worldwide box office was $19.2 billion as of December 11, repeating the growth of nearly 75% in 2020.

Gower suggests the industry will have to wait until at least 2023 to make a full return of more than $40B at the pre-pandemic global box office level.

Domestic, Chinese and international markets are set to improve in 2022. However, says Gower Street, the most notable gains are expected in North America. It is currently projected to hit $9.2B in 2022 from an estimated $4.4B in 2020, which will take it back to its pre-pandemic status as the No. 1 global box office market, overtaking China in both 2020 and 2012. has gone. 2021 – assuming the PRC arrives at the firm’s $8.2B 2022 forecast. This year, that market has already crossed RMB 45B ($7.1B), up 128% in dollar terms from 2020, but still not quite as high as 2019. It is difficult to predict China given that advance release information is not comprehensive and in the market. Back to the release of the most recent major Hollywood titles.

Sony/Marvel still to come in the remaining weeks of 2021 Spider-Man: No Way Home Offshore rollouts begin today in markets such as Korea, the UK, France, Russia, Mexico and Italy. Domestic previews start on Thursday and most international joins anticipated from Friday minimum global opening $290M weekend. Warner Bros. / Village Roadshow Matrix Resurrection and universal/lights sing 2 More to follow next week.

Major studio titles on deck for 2022 include Warner Bros./DC Batman And Aquaman and the Lost Kingdomof West Bengal Fantastic Beasts: The Secrets of Dumbledore, disney/marvelus Doctor Strange in the Multiverse of Madness, Thor: Love and Thunder And Black Panther: Wakanda Forever, of Paramount Top Gun: Maverick And Mission: Impossible 7Universal’s Jurassic World: Dominion, university/lights Minions: The Rise of Gru and Disney/20th Century Studios’ Avatar 2,

To be sure, further changes to the release calendar, including additional title announcements, could affect this initial prediction – although there is hope that the Covid shutdown will not return.