Anime Market Size, Share, Growth Analysis, By Type(Video, T.V., Merchandising, Pachinko), By Region - Industry Forecast 2024-2031

Driver

• Due to a number of causes, including the rising popularity of online videos, media shows, and online shows, the rising output of anime films, and rising popularity among viewers, the worldwide anime market is expanding significantly on a global scale. Additionally, the popularity of OTT services like Netflix and Amazon Prime as well as online video portals like YouTube is greatly assisting the expansion of the anime sector. Viewers can easily obtain anime content on these web platforms. Viewers may quickly look for their favorite anime shows thanks to easy browsing and search options.
• The development of the market is influenced by a number of variables, including improvements in living standards, greater disposable income, and technological developments in the entertainment sector. Additionally, the anime business has recently added new technology like virtual reality (VR), which provides spectators with a wonderful experience.
• Since anime intrigues this age group so much, it is very popular among kids and young people. As a result, one of the factors propelling the worldwide anime market is the expanding population of these two age groups.

Restraint

• The COVID-19 pandemic epidemic had a negative impact on the world's anime business. The epidemic caused the production of anime to stop, the streaming of shows to be delayed, and the loss of merchandise sales money.
• A possible threat and a significant restraint that may impede the expansion of the global anime market Forecast during the forecast period is the dearth of effective artists as a result of the anime artists' inadequate compensation.