The Difference Between China’s Box Office and India’s: Why China Generates Billions of Dollars and India Has a Struggle Ahead
When it comes to the movie industry, China and India are two of the biggest players in the field. Both countries offer a unique set of factors that make them two different markets when it comes to watching movies. The Chinese film industry is one of the most lucrative in the world. In 2018, China generated $25.2 billion from ticket sales according to The Hollywood Reporter. Movies made in China often attract people from all over Asia because they are able to watch them in their native language. In fact, there are more than 200 movie theaters screening Chinese movies across China and neighboring Asian countries including India, South Korea, Taiwan and Mongolia. Given these favorable factors, why is China such an efficient market for the film industry? Why can’t Indian filmmakers tap into similar tendencies? Let’s take a look at some of these differences:
China vs. India – The Market Size
The Chinese film industry is worth $25.2 billion annually, whereas the Indian film industry is valued at just $4.4 billion. That’s a significant difference in terms of market size. The Indian film industry is growing at a steady pace, but it still pales in comparison to China. The Chinese film industry has a huge population and a large potential audience. China has more than 1.35 billion people, which is an impressive number. If we take into account the fact that a large percentage of the population is under the age of 35, then we can easily say that the Chinese film industry has a large percentage of consumers.
Top websites to watch Chinese and Indian movies online
There are several popular websites to watch Chinese movies and Indian movies online for free. For Chinese movies, Duonao TV, Iqiyi Movie, M1905, Sohu Movie, Youku Movie, Kankan Movie, QQ Movie and 56 Movie are the top seven choices.
If you want to watch Indian movies free and without risk, we recommend Hotstar, which is one of the most popular websites to watch Indian movies online. It offers a range of content, including original shows, sports, and movies. Other popular websites to watch Indian movies online include Prmovies, Zee5, Voot, JioCinema, Hungama, HindiLinks4u, and MX Player.
China’s Box Office Is Large and Steady
The Chinese film industry has been generating large amounts of revenue since the 1970s. In the last 45 years, the market has grown from nothing to become one of the largest industries in the world. The Chinese market has shown steady growth, growing at an average rate of 17% each year. In 2018, ticket sales in China increased by 16.6%, which is a consistent rate of increase.
India’s Box Office Is Smaller, But Growing Rapidly
The Indian film industry has been generating revenue for a much longer period of time. The market was established in the 1930s and experienced rapid growth through the 1950s and 1960s. From a small market, the Indian film industry grew rapidly and generated revenue from a large number of people. Then, from the early 2000s, the Indian film market experienced a significant slowdown. The Indian film market experienced a period of low growth, but it has come back on track in the last decade. In 2018, ticket sales increased by 10%. That 10% growth rate is much higher than its Chinese counterpart.
China Has Major Film Studio Hubs
In the last 10 years, several of the top films in China have been produced by a handful of major production houses based in the southern city of Guangzhou. These production houses include Huayi Brothers, DMG Entertainment, China Lion and Shanghai Film Group. These production houses have collaborated on many of the top-grossing films in China like Wolf Warriors 2, Ip Man 3, Dying to Survive and Pangya. While this is a Chinese phenomenon, other countries too have a significant number of film studios in their countries. With the growth of digital lifestyles and the internet, a large number of these production houses have ventured into the film distribution business. For example, Huayi Brothers was one of the first studios to see the potential of the digital distribution business.
India Has Some Major Hubs Too
India too has a few major production houses that are producing some of the highest-grossing films in the country. The most popular one is Viacom 18 Motion Pictures, which is responsible for some of the highest-grossing films in the country. Among these are Baahubali: The Last Frame and Rowdy Raavulu. Other major production houses are Nadiadwala Grandson Entertainment and Balaji Motion Pictures. While these production houses are primarily based in the southern state of Andra Pradesh, they also have some production studios in other states such as Gujarat, Karnataka and Maharashtra.
Differences in Cultural Influences
The cultures in China and India are quite different. Chinese culture is dominated by Confucianism and Taoism, whereas Indian culture is more influenced by Hinduism. These two cultures have had a great influence on the people of both countries, which is often seen from the things they love to watch. For example, while Indian films are often melodramatic and action-packed, they often include folklore and mythology. Chinese films, on the other hand, have been influenced by the culture’s history. The Chinese culture has been dominated by the themes of war and politics. It’s no surprise then that many of the most successful Chinese films revolve around these themes.
Conclusion
The Chinese film industry is worth billions due to the high ticket sales and viewership of its films. There are many advantages to this market, such as being able to watch the films in their native language. However, the Indian film industry is much smaller in comparison. The Indian market itself is growing at a steady pace, but it still pales in comparison to China. The Chinese market has a large population and a large potential audience, whereas the Indian market faces significant challenges in terms of accessibility and affordability for the people.