Chinese animation made up 8 percent of the total worldwide in 2016 and is expected to grow.
In 2016, China’s animation output value reached $19.28 billion, up 15 percent year-on-year, with a global share of roughly 8 percent. The industry is expected to increase another $2.97 billion in 2017 to $22.25 billion.
Comparatively, in 2016 the global animation industry recorded a total output value of nearly $220 billion, of which the U.S. made the greatest contribution and claimed roughly 38 percent of the market share.
Japan also claimed approximately 10 percent of the market share; however, many animation productions (roughly 60 percent) come from Japan.
China is historically a difficult market for global entertainment brands, only allowing release of a select number of international films
For a deeper look at content distribution and the entertainment industry in China, check out the LicenseTV series
Other highlights from the
China Animation Report
In 2016, China approved 182 animated films, completed 60 and released 39, with cumulative box office returns reaching $341 million, up 15.2 percent year-on-year and accounting for 34.1 percent of China’s animation film market revenue.
15 anime startups (which are mainly companies that integrate animation production, IP derivatization, etc.) obtained financing.
Chinese enterprises have established increasing cooperation with foreign peers. For example, in 2016, Oriental DreamWorks and DreamWorks Animation created
Kung Fu Panda 3
, and in 2017, Sina Comic and France-based Delitoon co-published
Go Away Mr. Tumour
*Conversions are based on exchange rates as of Friday, July 28.
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