Recreation, Entertainment and Arts in Asia Pacific

November 2022

With a turnover of USD365.8 billion in 2021, Asia Pacific was the world’s second largest region for recreation, entertainment and arts. Over the next decade, the region’s entertainment industry is poised to grow at the fastest rate, nearly closing the gap with Western European turnover levels by 2030. Recovering tourism, growing investments and economic expansion are set to drive the entertainment industry’s growth in Asia Pacific, with China remaining in the lead.

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This report comes in PPT.

Key findings

Recreation, entertainment and arts rapidly expands in Asia Pacific

The recreation, entertainment and arts industry in Asia Pacific is forecast to grow at the fastest rate globally and account for nearly one third of the global entertainment industry’s turnover by 2030. In fact, by 2030, the industry’s turnover is expected to almost close the gap with Western Europe. An expanding number of middle-class consumers, rising incomes and a growing tourism sector are expected to drive the industry’s growth in the region.

China to dominate recreation, entertainment and arts in the region

China is anticipated to remain in the leading position in terms of absolute values of recreation, entertainment and arts services in Asia Pacific over the period to 2030. Digital solutions for the entertainment industry are expected to increase, going forward, raising the interest in traditional cultural activities such as museums and libraries in the country.

Popularity of sporting and recreational services to increase

Interest in sporting events and activities is rapidly increasing in Asia Pacific due to a large share of young consumers, a rising focus on physical wellness and health, and the expanding popularity of Western sport leagues and clubs in Asia. In fact, sporting and recreation services are forecast to remain the largest category in the entertainment industry in Asia Pacific, with anticipated turnover of USD255.3 billion by 2030.

Ageing and shrinking population in Japan to hinder entertainment services growth

Japan is set to remain the second largest country in the region regarding the recreation, entertainment and arts industry’s turnover during the period to 2030. However, the industry’s growth in Japan is anticipated to be slow, with turnover remaining below pre-pandemic levels over the outlook. The rapidly ageing population is expected to show less interest in spending on entertainment services. In addition, slow growth in incomes and persisting labour shortages will also contribute to the industry’s sluggish growth in Japan.

Key findings
Entertainment turnover in Asia Pacific to rise at the fastest rate globally
Entertainment industry is making its way into recovery
Sporting to generate the highest turnover in the entertainment industry in Asia Pacific
Amusement parks to grow at the fastest pace in Asia Pacific by 2030
China to remain the largest entertainment market in Asia Pacific
Movie thea tres to witness the slowest absolute value growth across Asia Pacific
Growing cooperation among entertainment companies in Asia Pacific can be expected
Small and medium-sized enterprises to remain dominant in the entertainment scene in Asia Pacific
China: Industry context
Japan: Industry context
South Korea: Industry context
Philippines: Industry context
Bangladesh: Industry context
Taiwan: Industry context
India : Industry context
Indonesia : Industry context
Hong Kong , China : Industry context
Vietnam : Industry context
Kazakhstan : Industry context
Thailand : Industry context
Singapore : Industry context
Cambodia : Industry context
Uzbekistan : Industry context
Sri Lanka : Industry context
Azerbaijan : Industry context
Malaysia : Industry context


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