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Drive-in-Movie Theater Market Trends

Report ID: GMI5903
Published Date: May 2023
Report Format: PDF

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Drive-in-Movie Theater Market Trends

Drive-in theaters combine entertainment with outdoor recreation, allowing people to enjoy movies while experiencing the outdoors. This trend aligns with the increasing interest in staycations and local tourism, where individuals and families seek activities close to home. These theaters provide accessible & affordable entertainment options for local communities. They feature expanded programming beyond traditional movies to include a diverse range of content. They may showcase classic films, movies, documentaries, sports events, and even live streaming of concerts or cultural performances. This expanded programming appeals to different audience segments, increasing the popularity of drive-in theaters.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market size for drive-in-movie theater was worth more than USD 5.2 billion in 2022 and is anticipated to grow at over 6% CAGR through 2032 driven by the ongoing developments in the entertainment industry worldwide.

The 2D segment held a market revenue of over USD 3 billion in 2022 and is projected to witness more than 6% CAGR over 2023-2032 owing to several benefits including the availability of a wide range of content, compatibility with the existing projection systems and cost-efficiency, among others.

North America held more than 40% share in the drive-in-movie theater industry in 2022 attributed to increasing local tourism, technological advancements, and creative partnerships.

Some of the key drive-in-movie theater firms include Shankweiler's Drive-In Theatre, West Wind Drive-Ins, Van Buren Drive-In Theatre, Bengies Drive-In Theater, Maryland Skyline Drive-In NYC, New YorkWellfleet Drive-In, and MassachusettsCoyote Drive-In & Canteen.