A cartoon drama featuring hordes of flesh-eating monsters might not sound like traditional box office fodder, but that’s precisely what the latest Demon Slayer film proved to be.
This cinematic entry established new records for anime, earning more than $70 million on its opening weekend in the United States and surpassing £535 million globally. To put that in context, the animation landmark Ghost in the Shell, released in 1995, made around £2 million worldwide.
In the intervening three decades, anime has journeyed from an niche cultural curiosity to a true saviour during one of the worst fall box office downturns in recent memory.
“We have spent the last eight years building this fanbase,” notes an senior from a leading anime platform. “Coming out of the pandemic, that fandom has just continued to expand.”
A key factors to its triumph has been the slow building of a worldwide audience for franchises like Demon Slayer, which features a successful TV series and a previous box office success with 2020’s Demon Slayer the Movie: Mugen Train.
Anime originated in Japan during the 1950s, but its definitive world breakthrough moment in 1988 with Akira. This dystopian tale ushered in a darker, adult-oriented brand of animation whose influence can be seen throughout modern media.
Today, Demon Slayer represents anime gatecrashing Hollywood and establishing Japanese animation as a potential source of intellectual property in an era where IP is king. Most anime start life as manga, providing decades of source material for studios looking to develop them into major franchises.
Its new international reach means anime can materialise in unlikely arenas. Professional fighters, Premier League footballers, and other sports stars have referenced anime in their celebrations. Some commentators have described the art form as “a lingua franca for young people all over the planet.”
“It’s part of young people’s identity,” says an anime writer based in Tokyo. “I think that really is fuelling this surge of anime, not just in the US, but globally.”
The spike in interest is also linked to “Oshikatsu,” a phenomena of intense support supercharged by trends like South Korean pop music. Enthusiasts don't only watching; they are buying merchandise and sharing their fandom online.
The government of Japan is betting big on anime as a central part of its “Cool Japan” strategy. This soft-power effort aims to boost the economy by leveraging hardcore fandom to drive cultural tourism. Leaders hope the strategy can bring in trillions of yen annually by 2033.
This marks a significant shift for a country traditionally protective of its culture. “The domestic market was big enough for a long time,” comments the Tokyo-based expert. “It was an secondary consideration to share this culture globally.”
In the landscape of anime streaming, giants like Netflix are significant players. The streamer states that the number of subscribers watching anime on its platform has tripled in the last five years, with voice-overs produced in numerous of languages to meet global demand.
The roadmap is filled with epic releases. Second and third films in the Demon Slayer saga are in the works, but fans will have to wait until 2027 and 2029. Before then, a real-world adaptation of One Piece and new seasons of other popular series are set for release.
The narratives are grand, but so are the financial rewards of anime’s apparently relentless rise on the global stage.