Global Film Tourism Market Size is Expected to Reach US$ 125.4 Billion by 2030

Film Tourism Market: Market Introduction

Reports and Insights deliver key insights on the global film tourism market. In terms of revenue, the total value of the global Film Tourism Market is slated to reach US$ 125.4 Bn by 2030, owing to numerous factors, regarding which Reports and Insights offer thorough insights and forecasts in its report on the global film tourism market.

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Film tourism, also known as movie tourism or cinema tourism, refers to the phenomenon where tourists visit a destination primarily because of its association with a particular film or television show. Film tourism has become increasingly popular in recent years as more and more people seek out travel experiences that are inspired by their favorite movies and TV shows.

Film tourism can take many forms, including visiting famous filming locations, attending film festivals, visiting museums or exhibitions dedicated to famous films or filmmakers, or taking guided tours that explore the filming process and behind-the-scenes details of a particular movie or TV show. For example, fans of the Harry Potter series might visit the real-life locations used in the films such as the Hogwarts School of Witchcraft and Wizardry or the Forbidden Forest. Or, fans of the Lord of the Rings series might visit the filming locations in New Zealand where the movies were shot.



Market Report Outlook:

This report on the global film tourism market aims to discuss market dynamics, including market drivers, potential threats and challenges to the market, global film tourism market opportunities for the major players, global film tourism market trends, market segmentation outlook, regional outlook, global film tourism market size, market forecast, market share, as well as the major players operating in the global film tourism market.



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Film Tourism Market: Dynamics

The film tourism market is driven by a variety of factors, including the popularity of movies and TV shows, the desire for fans to visit filming locations and experience the world of their favorite movies, and the potential economic benefits for local communities and businesses.

One major factor driving the film tourism market is the popularity of movies and TV shows. Fans often become deeply attached to their favorite films and TV shows, and seek out opportunities to experience the world of those productions. This can include visiting filming locations, attending conventions and events, and purchasing merchandise related to the show or movie.

According to Tourism New Zealand, the movies are the reason that 10% of all visitors to New Zealand seriously considered visiting in 2019. In 2019, these visitors contributed approximately 437 million US dollars to the country's economy.

The release of "Star Wars: The Force Awakens" (2015) and "Star Wars: The Last Jedi" (2017) increased interest in Ireland's Skellig Michael, which was featured in both films. According to Ireland's Office of Public Works, which oversees the site, nearly 17,000 people visited the island in 2018, an increase from 11,100 visitors a decade earlier.



Film Tourism Market: Region Outlook

North America accounted for the largest revenue share in 2021. The US film tourism market is an essential contributor to the country's economy, and it continues to grow as more people are interested in visiting locations where their favorite movies and TV shows were filmed. Further, the US offers a perfect combination of natural beauty, iconic landmarks, and an established film industry, making it an attractive destination for both filmmakers and tourists interested in film tourism.

Hollywood, located in Los Angeles, California, is known as the "Entertainment Capital of the World" and is home to the largest and most influential film industry in the world. Many of the biggest and most iconic movies and TV shows have been produced in Hollywood, which has contributed to the popularity of the US film tourism industry.

The European film tourism market is a significant source of revenue for many countries, as visitors spend money on accommodation, food, transportation, and souvenirs. According to a report by the European Travel Commission, the global film tourism market is expected to grow by 5.5% annually, reaching $3.3 billion by 2023. European countries are actively promoting their film tourism industry by offering special tours, packages, and discounts to visitors.

For instance, the Italian tourism board has launched a program that allows tourists to visit the filming locations of some of Italy's most iconic movies, such as The Godfather, La Dolce Vita, and Roman Holiday.



Film Tourism Market: Key Players

There are many travel companies that offer film tourism packages and experiences. Some of the notable companies include Movie Road Tours, Viator, The Locations Guide, Brit Movie Tours, Reel Tours Ireland, Screen Tasmania, On Location Tours, Tern Voyages, IIFTC, MP Tourism, Tourism Film Destinations, Scallywag Travel amongst others.

Recent Developments by Key Players:

In 2022, Mukhtar Abbas Naqvi, Union Minister for Minority Affairs, officially launched the fifth Global Film Tourism Conclave in Mumbai (GFTC). The PHD Chamber of Commerce and Industry (PHDCCI) organised the fifth GFTC with the theme "Unleashing the Power of Cinematic Tourism" in collaboration with the Ministry of Tourism and the Ministry of Information and Broadcasting.


Film Tourism Market: Segmentation Outlook

Data for growth projections and estimates are included in this study for the Type segment {On-Location Film Tourism, Off-Location Film Tourism, Literary Film Tourism, Commercial Film Tourism, One-Off Event Tourism, Mistaken Identity Tourism, and Others}; for the Traveler Type Segment {Serendipitous Tourists, Specific Film Tourists, And General Film Tourists}; for the Tour Type segment (Independent and Group Traveler); for the Age Segment {15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, 55 to 65 Years and 65 Years & Above} for the Destination Type segment {International and Domestic} for the Booking Channel segment {Online Bookings and Offline Bookings}. The Film Tourism market forecast period is 2022 to 2030.

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