Saudi Arabia Cinema Market Report Forecast By Revenue (Box Office, Cinema Advertising, Cinema food and drinks), Cinema Format (2D, 3D, 4D, IMAX), Seating Format (VIP/Premium, Standard), End-User (Alone, Spouse (Couple), Family, Friends), Region and Company Analysis (2025-2033)

Driving Forces of Saudi Arabia Cinema Market 

Infrastructure Development contributes to the market growth 

The improvement of infrastructure is a key factor propelling the expansion of the Saudi film industry. To improve accessibility and convenience for viewers, the public and private sectors are making significant investments in the construction of contemporary movie theater complexes around the Kingdom. These cutting-edge locations frequently have cutting-edge technology like IMAX and 4DX, which enhance the watching experience and draw in moviegoers. There is a boom in movie projects in major cities like Riyadh, Jeddah, and Dammam, which promotes economic growth and urban rejuvenation. Better transportation systems also facilitate people's access to these locations. Long-term market growth is ultimately fostered by expanding infrastructure, which in turn fosters a thriving cinema culture by promoting more frequent visits and overall attendance.

Government initiatives 

Governmental initiatives have a major role in the expansion of the Saudi film industry. The goal of the Vision 2030 initiative is to promote cinema as a cornerstone of culture while also diversifying the economy and growing the entertainment industry. The decision to abolish the cinema prohibition in 2018 was historic since it encouraged foreign movie chains to enter the market and opened possibilities for investment. 

In order to increase the amount of locally produced content available, the government also provides funds and incentives for local film creation. PIF established the Development and Investment Entertainment Company (DIEC), a GEA subsidiary, in January 2018 with USD 2.6 billion in startup capital. In a joint venture, the firm and a US partner are running movie theaters in the Kingdom. By 2030, DIEC hopes to have opened 30–40 theaters in around 15 Saudi Arabian cities over the course of the following five years, and 50–100 theaters overall in about 25 Saudi cities. GEA has agreements in place to run entertainment venues across the Kingdom with Six Flags, National Geographic, Cirque Du Soleil, and IMG Artists in addition to AMC Theaters. Prominent French corporations have conveyed their intention to establish their headquarters in Riyadh, the capital of Saudi Arabia, in order to fully capitalize on those prospects. This occurred on May 20, 2022, as the Federation of Saudi Chambers, represented by the Saudi-French Business Council, hosted a delegation of French entrepreneurs and companies that specialize in a range of entertainment-related industries. Aligned with Saudi Vision 2030, the visit seeks to create 450,000 jobs and raise the entertainment sector's share of GDP to 4.2 percent by 2030. 

Furthermore, regulatory frameworks have been put in place to guarantee the expansion and sustainability of the business. The promotion of cultural events and film festivals helps to establish a creative and engaging atmosphere, which in turn strengthens the position of cinema in Saudi society and propels its ongoing growth.

Riyadh Cinema Industry 

Growing disposable earnings and a youthful, tech-savvy populace are driving Riyadh's cinema sector. The rise of regional film festivals and programs aimed at assisting young people have encouraged innovation and teamwork in the business. Global investments and collaborations with major studios are augmenting the caliber and variety of productions. Future developments will likely emphasize immersive experiences, streaming platforms, and more localized cinema tales. Furthermore, technological developments like virtual reality and improved visual effects are anticipated to influence the film industry and draw viewers from both domestic and foreign markets to Riyadh's developing film scene.

Jeddah Cinema Industry 

With an increase in contemporary theaters and a rising demand for a wide selection of films, Jeddah's film industry is changing quickly. Nowadays, a wide range of people are drawn to both local and foreign films, which are becoming more and more popular. A major trend is the emphasis on premium watching experiences, which include plush chairs and cutting-edge technology. In the future, more government funding is anticipated to help the sector by promoting regional film festivals and the production of original material. Future watching possibilities could be shaped by the merging of digital and streaming platforms, providing hybrid experiences to go along with traditional moviegoing.

Saudi Arabia Cinema Company Analysis 

The key players in Saudi Arabia cinema industry are AMC, IMAX, Cinépolis, VOX Cinemas and Empire Cinemas.

Saudi Arabia Cinema Company News 

July 2024- The largest exhibitor in Saudi Arabia, muvi Cinemas, and IMAX Corporation (NYSE: IMAX) announced their first-ever partnership today. The agreement calls for the installation of four brand-new, cutting-edge IMAX® with Laser systems in some of the nation's most prominent commercial districts. According to the agreement, muvi Cinemas will introduce the first IMAX system to Dhahran, one system to Jeddah's Mall of Arabia, and two to Riyadh, the capital and most populated city of Saudi Arabia. By the end of 2024, three of the four locations should be operational, while another one will follow in 2025. 

November 2023- Expanding its footprint in the Kingdom of Saudi Arabia, Empire Cinemas established its first theater in the Madina district. This is the tenth Empire Cinema site in Saudi Arabia, including 10 screens and a 764-seat capacity. It can be found within the Al Rashid Mall.

Revenue– Market breakup in 3 viewpoints:

1. Box Office
2. Cinema Advertising
3. Cinema food and drinks

Cinema Format– Market breakup in 4 viewpoints:

1. 2D
2. 3D
3. 4D
4. IMAX

Seating Format– Market breakup in 2 viewpoints:

1. VIP/Premium
2. Standard

Region– Market breakup in 3 viewpoints:

1. Riyadh
2. Jeddah
3. Others

End-User– Market breakup in 4 viewpoints:

1. Alone
2. Spouse (Couple)
3. Family
4. Friends

All the key players have been covered from 3 viewpoints:

• Business Overview
• Key Persons
• Recent Development & Strategies

Key Players Analysis: 

• AMC
• IMAX
• Cinépolis
• VOX Cinemas
• Empire Cinemas