Anime Market to Expand at a CAGR of 10.20% by 2032 to Value USD 69.8 Billion | MRFR Report

The size of the anime market was estimated at USD 29.1 billion in 2022. The industry for anime is anticipated to increase in size from USD 32.1 billion in 2023 to USD 69.8 billion by 2032, with a compound annual growth rate (CAGR) of 10.20% over the forecast period (2023-2032). The primary market factors accelerating market expansion include the rising global popularity and sales of Japanese anime content as well as the sales of both items and anime content.

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Market overview

The value creation in the market has been significantly influenced by animators, artists, publishers, developers, and other creative agencies. These platforms saw a dramatic increase in usage just in Japan, which led to more people watching animated films and television shows. For instance, Pierrot Co., Ltd. started airing vintage anime shows on YouTube in June 2022, albeit for a short time.

Improvements in contemporary technologies like artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and the internet of things (IoT) are also anticipated to drive market growth in addition to rising levels of disposable income. Additionally, the younger generation has raised their spending on the most cutting-edge goods, which is anticipated to fuel the anime industry’s expansion even more over time.

Additionally, it is anticipated that a sizeable portion of the market’s revenue would come from the international sales of products and content associated to anime. Because of this, it is anticipated that consumer preference for online games and distribution, which make up the majority of Japan’s exports, will have a significant impact.

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Key Companies in the Anime market include

• Pierrot Co., Ltd.
• Production I.G, Inc.
• Studio Ghibli, Inc.
• Sunrise, Inc. (Bandai Namco Filmworks)
• Toei Animation Co., Ltd.
• Bones Inc.
• Kyoto Animation Co., Ltd.
• MADHOUSE, Inc.
• Crunchyroll (Sony Pictures Entertainment Inc.)
• Progressive Animation Works Co., Ltd. (PA Works)
• Good Smile Company, Inc.
• Discotek Media
• Sentai Holdings, LLC (AMC Networks)
• VIZ Media, LLC
• Ufotable Co., Ltd.
• Atomic Flare

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Segmentation

Based on type, the anime market is segmented into television, movies, videos, internet distribution, merchandise, music, pachinko, and live shows. In 2022, the merchandising sector dominated the anime market.

The analysis offers market insights for North America, Europe, Asia-Pacific, and the rest of the world, by region. In 2022, this market was headed by the Asia Pacific Anime market (45.80%). Japan is regarded as the hub for animation studios in the Asia Pacific area with about 600 animation studios, including more than 500 anime studios in Tokyo alone.

The popularity of manga, or Japanese comic books, is expected to significantly fuel market expansion in the region by inspiring young, creative people to pursue careers in this industry. Additionally, the Indian anime market had the quickest rate of growth in the Asia-Pacific region, while China’s anime industry had the largest market share.

From 2023 through 2032, the North American anime market is anticipated to develop significantly. This is a result of an increase in the sale of anime merchandise and a growing local fandom for the genre.

The increase of the market over the course of the forecast period is also being fueled by a rise in the number of anime retail shops in the region, including California and North Carolina. In 2022, the European anime market held a sizable market share. This is a result of young people’s growing interest in anime entertainment in Germany and the UK.

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Tags: Anime Market Type, Anime Market Trends, Anime Market Share, Anime Market Size, Anime Market See Campaign: https://www.marketresearchfuture.com/reports/anime-market-11981

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Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com

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