He said no country could defeat inequality alone and called for major reforms to global financial and political institutions, including the United Nations Security Council. Ramaphosa argued that the current system does not adequately serve developing countries or protect global peace.

His remarks came during the second meeting of the International Panel on Inequality, launched under South Africa’s G20 presidency and backed by Brazil , Norway and Spain. The panel aims to become a leading global source of inequality data, with South Africa expected to push for its permanent establishment at the UN General Assembly.

Data shows the U.S. leading with a 26% market share, generating approximately $8.9 billion, while China follows closely with 22% and $7.4 billion, underscoring a continued duopoly at the top of the global theatrical market.

Together, the two markets contributed roughly $16.3 billion, highlighting their outsized influence on global cinema performance, distribution strategies, and studio investment decisions.

Beyond the top two, the global box office landscape remains fragmented. Japan and India each captured 5% of the market, bringing in $1.8 billion and $1.5 billion, respectively, reflecting consistent domestic demand and strong local film industries.

In Europe, the UK & Ireland and France posted 4% shares, generating $1.5 billion and $1.3 billion, while Germany accounted for 3% ($1.0 billion). These figures indicate a stable but comparatively smaller contribution from mature Western markets.

Mexico also recorded 3% of global revenue at $0.8 billion, continuing its role as a key Latin American market.

Further down the rankings, South Korea and Australia each held 2% market shares, with revenues of $0.7 billion apiece. While smaller in absolute terms, these markets are increasingly influential due to strong local production ecosystems and international content exports, particularly from South Korea.

The top 10 global markets collectively generated $25.6 billion, according to the data , reflecting a continued recovery trajectory for theatrical exhibition following pandemic-era disruptions.

Analysts at Gower Street note that while Hollywood and Chinese productions continue to anchor global revenues, regional content is playing an increasingly important role in driving local box office performance. Comscore data further indicates that audience preferences are becoming more localised, even as global franchises maintain cross-border appeal.

Strategic implications

The concentration of revenue in the U.S. and China reinforces their strategic importance for studios, particularly in release scheduling, co-productions, and regulatory navigation. At the same time, growth in markets like India and South Korea points to shifting dynamics, where regional industries are not just supporting but reshaping global cinema trends.

The march began on April 8 in El Porvenir with around 100 participants, but organisers say the movement has grown significantly, now drawing about 3,000 people .

Demonstrators are calling for the repeal of Law 1720, which they say could undermine land rights in Indigenous and rural communities.

Feyfer Quajiru, Executive Secretary of the Harakbut, Yine, and Matsiguenga Council, said the protest movement has three main demands.

“We have three demands. First, the immediate repeal of Law 1720. Second, the immediate legal protection of our lands. And third, the anti-blockade law, which we will not accept either, just as we will not accept other laws being passed without consultation, without proper engagement with the public,” he said.