Consumer Goods and Retail Report Blog

  Rising trend of watching movies for a family outing coupled with growing demand for convenience and privacy in cinemas to drive India multiplex market through 2024 According to TechSci Research report,  “ India Multiplex Market  By Screen Type, By Region, By Major States, Competition, Forecast & Opportunities, 2014 - 2024 ” ,  India multiplex market is projected to grow at a CAGR of over 7% during 2019-2024. The growth of India multiplex market can be attributed to rapid urbanization coupled with rising trend of dual household income across the country and hence increasing disposable income which is favoring the shift in preferences of people, especially of young generation who are increasingly opting to watch movies in multiplexes than single screen cinemas due to the quality of service offered at multiplex. In terms of region, West India dominated India multiplex market with 45% of market share in 2018. This region consists of states like Maharashtra and Gujarat where inclinati

  Rising trend of watching movies for a family outing coupled with growing demand for convenience and privacy in cinemas to drive India multiplex market through 2024 According to TechSci Research report,  “ India Multiplex Market  By Screen Type, By Region, By Major States, Competition, Forecast & Opportunities, 2014 - 2024 ” ,  India multiplex market is projected to grow at a CAGR of over 7% during 2019-2024. The growth of India multiplex market can be attributed to rapid urbanization coupled with rising trend of dual household income across the country and hence increasing disposable income which is favoring the shift in preferences of people, especially of young generation who are increasingly opting to watch movies in multiplexes than single screen cinemas due to the quality of service offered at multiplex. In terms of region, West India dominated India multiplex market with 45% of market share in 2018. This region consists of states like Maharashtra and Gujarat where inclinati