Global Box Office Hit $21.4 Billion in 2021, Says Analyst

Global cinema box office reached $21.4 billion in 2021, according to calculations by researcher Gower Street Analytics. Powered by a “Spider-Man: No Way Home” surge in the last month, the annual to…

” surge in the last month, the annual total is a 78% gain on 2020. But last year’s cumulative was less than half of the $41.3 billion average of the three pre-pandemic years 2017-2019.

The performance meant that Asia-Pacific grew from 50.2% in 2020 to 52.8% of global box office in 2021, and that China alone grew its share from 28% to over a third . EMEA’s share of the box office fell to 20.7% due to prolonged lockdowns in many territories in the early part of 2021. That was followed by four months of stagnation until the release of “Fast and Furious 9” in June, when the North American market beat China for the first time on a monthly basis since the beginning of the pandemic.

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