Consumer Goods & Retailing
Movie Rental Kiosks in the US - Industry Market Research Report
Movie Rental Kiosks in the US - Industry Market Research Report
Movie Rental Kiosks in the US - Industry Market Research Report
Movie Rental Kiosks in the US
The Movie Rental Kiosks industry comprises establishments (kiosks) that rent DVDs, Blu-ray discs and video games. Kiosks are stand-alone, automated vending machines generally located near grocery stores and drug stores. Over the five years to 2021, the industry has suffered from a continued decline in demand for physical media as consumers have increasingly adopted digital and online platforms for media viewing. During the period, revenue for the Movie Rental Kiosks industry is estimated to decline an annualized 19.0% to $704.6 million in 2021, including a 3.4% decrease in 2021 alone. Profit is expected to decrease with revenue. The large decrease in revenue is primarily a reflection of the significant decrease in revenue reported by Redbox Automated Retail LLC (Redbox) in 2018. Additionally, the COVID-19 (coronavirus) pandemic is expected to further push down revenue.
This industry comprises establishments (kiosks) that rent DVDs, Blu-ray discs and video games from stand-alone, automated vending machines. These kiosks are generally located near the entrance of grocery and drug stores (either inside or outside).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.