Movie Rental Kiosks in the US - Industry Market Research Report

Movie Rental Kiosks in the US - Industry Market Research Report

  • March 2020 •
  • 29 pages •
  • Report ID: 5103976 •
  • Format: PDF
In the Redbox: Declining demand for physical rentals and the proliferation of streaming will likely hamper revenue

Abstract

Movie Rental Kiosks
Over the five years to 2018, the Movie Rental Kiosks industry has suffered from a continued decline in demand for physical media as consumers have increasingly adopted digital and online platforms for media viewing. Furthermore, a combination of heightened external competition and major player Redbox Automated Retail LLC’s foothold in the industry has not enabled the industry to sustain other large companies. With declining industry revenue, Redbox has put a focus on maintaining profit margins with higher-value services and products including video games and Blu-ray discs, both of which command a higher price point for the company than DVDs. Over the five years to 2023, the growing adoption of streaming and downloaded video is expected to continue to adversely affect the Movie Rental Kiosks industry and result in further revenue declines.

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.
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