The Box Office In 2021 Will Be 101 Percent Higher Than In 2020
The domestic box office in 2021 was up significantly from 2020, although it still fell short of the revenue in 2019.
In 2020, the film industry suffered a major blow when theatres closed due to the COVID-19 epidemic, and studios responded to releasing films on streaming in an uncertain time while also delaying several important releases.
As vaccines became more widely available in 2021, movie theatres began to slowly open, and many major releases were issued in the hopes of attracting viewers safely to the theatres.
The massive opening weekend of Spider-Man: No Way Home, which has become the 11th highest-grossing film of all time at the domestic box office unadjusted for inflation, has been one of the year’s box office success stories.
According to THR, the domestic box office in 2021 brought in $4.5 billion USD.
That’s a stunning 101 percent higher than the domestic box office total of 2020, but it’s still 60 percent lower than the $11.4 billion domestic box office total of 2019.
Domestic revenue of $4.5 billion was last recorded in 1992, more than 29 years ago.