The Association of Japanese Animations (AJA) has published a report signaling a historic development in the anime industry — the overseas market has outpaced the domestic Japanese market for the first time. The report discloses that the overseas anime market, primarily fueled by North American and Chinese consumption, witnessed a 3.2% growth in 2020 compared to 2019, reaching approximately $10.8 billion. In contrast, the Japanese anime market experienced a notable contraction of 9.7%, totaling about $10.4 billion. The global anime market, encompassing both domestic and overseas sales, saw a 3.5% decline in 2020, amounting to approximately $21.2 billion, marking the first contraction in 11 years, attributed to the disruptive impact of the COVID-19 pandemic.
The report provides insights into eight distinct sectors within the Japanese anime industry, revealing varied impacts from the pandemic. The live entertainment market, including fan events and concerts, suffered a substantial contraction of over 65%, underscoring the challenges faced by in-person experiences. In contrast, streaming emerged as the sole sector experiencing growth, expanding by almost 36%.
The ascendancy of the overseas anime market has been a gradual but anticipated trend, with consistent growth over the years. The 2021 Grand View Research report anticipates continued expansion in the North American anime market at a rate exceeding 15% annually from 2021 to 2028. Furthermore, accelerated growth is projected in the Middle East and Africa, exceeding 17% per year.
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