An animated drama featuring legions of carnivorous demons might not sound like traditional box office material, but that’s exactly what Demon Slayer: Kimetsu no Yaiba Infinity Castle demonstrated to be.
This cinematic entry set new benchmarks for anime, racking up over $70 million on its debut weekend in the United States and surpassing £535 million globally. To provide perspective, the animation classic Ghost in the Shell, which debuted in 1995, made approximately £2 million worldwide.
In the spanning three decades, anime has journeyed from an niche phenomena to a veritable lifeline during one of the worst fall cinematic slumps in recent memory.
“Over the last eight years building this fandom,” says an senior from a major anime streaming service. “Coming out of the pandemic, that fandom has just persisted to expand.”
One of the factors to its success has been the steady cultivation of a worldwide audience for franchises like Demon Slayer, which features a successful TV series and a prior box office hit 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 futuristic tale ushered in a darker, sophisticated brand of animation whose impact can be seen throughout contemporary media.
Today, Demon Slayer represents anime gatecrashing mainstream cinema and cementing Japanese animation as a potential source of intellectual property in an era where IP is king. Most anime start life as manga, offering years of backstory for studios eager to develop them into major franchises.
Its expanded international influence means anime appears in unlikely arenas. Professional fighters, top-tier footballers, and other athletes have referenced anime in their celebrations. Some observers have described the art form as “a lingua franca for young people all over the planet.”
“It’s part of young people’s self-expression,” says an anime expert based in Tokyo. “I think that really is fuelling this surge of anime, not just in the US, but worldwide.”
The surge in interest is also attributed to “Oshikatsu,” a phenomena of intense fanaticism supercharged by phenomena like South Korean pop music. Fans don't only watching; they are buying merchandise and sharing their fandom online.
The government of Japan is betting big on anime as a key part of its “Cool Japan” plan. This soft-power effort aims to boost the national economy by harnessing hardcore fandom to drive tourism. Leaders hope the strategy can generate trillions of yen annually by 2033.
This marks a step change for a country historically guarded of its culture. “The domestic market was large enough for a long time,” notes the Tokyo-based expert. “It was an secondary consideration to share this culture internationally.”
In the world of anime distribution, major platforms like Netflix loom large. The streamer states that the number of subscribers watching anime on its platform has tripled in the last five years, with dubs produced in dozens of languages to meet worldwide demand.
The future is packed with epic releases. New films in the Demon Slayer saga are in the works, although 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 scheduled for release.
The narratives are epic, but so are the economic rewards of anime’s seemingly relentless ascent on the global stage.