The global Anime Market size is anticipated to touch USD 36.26 billion by the end of 2025. The market is estimated to grow at 8.8% CAGR from 2019 to 2025, as per a new report by Million Insights. Increasing sales and popularity of Japanimation across the world is fueling market growth. Japanese anime sector is greatly dependent on the sale in overseas countries for higher revenue through anime content. Internet distribution and application games account for the larger part in sales of Japanese anime in the overseas market.
Increasing penetration of various video distribution channels such as Amazon and Netflix is contributing to the sales of anime content overseas. In addition, increasing adoption of Japanese smartphone games like White Cat Project, Brain Wars and others are aiding to the distribution, thereby, positively attributing to the growth of anime market.
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In the recent past, anime content has generated a huge fan base globally. Consumers are increasingly spending their time and money, especially on movies and series. Some of the popular anime series are Detective Conan, Naruto, Captain Tsubasa, One Piece and others. Moreover, many young Japanese talents are focusing on building their career following the popularity of animation series and comic books like manga.
The animation industry is focusing on storytelling and developing animatronics with an increased focus on high-quality content. Comics and cartoons are known to have a positive impact on the development of children’s creativity. Considering this, major animation companies have started to develop children specific content.
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Further key findings from the report suggest:
• The internet distribution category is projected to register significant growth over the forecast duration due to a rise in overseas sales.
• MEA is predicted to witness significant growth owing to the increasing popularity of Japanese content in Saudi Arabia.
• Major market participants are Madhouse Inc., Studio Ghibli, Inc., P.A.Works, Inc., Manglobe Inc., and Madhouse Inc. among others.
Million Insights has segmented the global anime market on the basis of type and region:
Anime Type Outlook (Revenue, USD Million, 2014 – 2025)
• Internet Distribution
• Live Entertainment
Anime Region Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• Asia Pacific
• Australia and New Zealand
• South Korea
• Latin America
• Middle East & Africa
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