1、FRAMING THE FUTURE:OUTLOOK ONSAUDI ARABIASFILM INDUSTRYOCTOBER 2025CONTENTSThe Key TakeawaysIntroductionContextAim and scopeThe Film Industry:A global understandingDefinitionValue chainSaudi Film IndustryThe institutional foundationMarket performanceLooking Ahead:Diagnostic and strategic needsAnnex
2、1:Sample of Saudi films released in 2024References03060707080910111215192324STRATEGIC GEARS|FRAMING THE FUTURE:OUTLOOK ON SAUDI ARABIAS FILM INDUSTRY|02THE KEY TAKEAWAYSSTRATEGIC GEARS|FRAMING THE FUTURE:OUTLOOK ON SAUDI ARABIAS FILM INDUSTRY|03THE KEY TAKEAWAYSAs part of its mission to diversify th
3、e economy,Saudi Arabia is widening its cultural and entertainment offerings for citizens and tourists.This has led to a plethora of transformations across the Kingdom,one of which has been bringing cinemas back.This report reviews Saudis film industry,which developed a film ecosystem in record time,
4、and provides strategic pathways to propel it forward sustainably.Below are the key takeaways:The Kingdom led the Middle East box office revenues in 2024,accounting for 42%of the regions box office.Despite the industrys growth,it still lags more international markets.Granted,the industry is notably y
5、ounger than its counterparts,meaning many of its stakeholders still need to get acclimated to the commercial acumen and gain experience in the industry to ensure sustainability,profitability,and grant-independence.Since the reopening of cinemas in Saudi in 2018,the film industry has graduated from t
6、he phase of renaissance and entered a phase of maturity and sustainability.Film industry revenues have expanded every year since returning to business,from around SAR 38 million in 2018 to SAR 875 million in 2021(renaissance phase),picking up to around SAR 933 million in 2024 with prospects to surpa