A cartoon tale starring hordes of carnivorous fiends might not sound like classic cinema material, but that’s precisely what Demon Slayer: Kimetsu no Yaiba Infinity Castle demonstrated to be.
This cinematic entry set new records for Japanese animation, racking up more than $70 million on its debut weekend in the United States and surpassing £535 million globally. To provide perspective, the anime classic Ghost in the Shell, which debuted in 1995, earned around £2 million worldwide.
In the spanning three decades, anime has journeyed from an underground cultural curiosity to a veritable saviour during one of the most severe autumn box office downturns in recent memory.
“We have spent the last eight years nurturing this fandom,” says an executive from a major anime streaming service. “Coming out of the pandemic, that community has just persisted to grow.”
One of the factors to its triumph has been the slow cultivation of a global fanbase for franchises like Demon Slayer, which features a successful TV series and a prior theatrical success with 2020’s Demon Slayer the Movie: Mugen Train.
Anime originated in Japan during the 1950s, but its definitive global breakout came in 1988 with Akira. This dystopian story ushered in a darker, sophisticated brand of animation whose impact can be seen throughout modern media.
Today, Demon Slayer symbolizes anime breaking into Hollywood and cementing Japanese animation as a potential rich resource in an era where IP is king. Most anime begin life as manga, providing years of backstory for studios looking to spin them into major franchises.
Its new globalised influence means anime can materialise in surprising places. Olympic athletes, top-tier footballers, and other athletes have referenced anime in their triumphs. 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 driving this surge of anime, not just in the US, but globally.”
The surge in interest is also attributed to “Oshikatsu,” a phenomena of devout fanaticism supercharged by trends like South Korean pop music. Enthusiasts don't only watching; they are purchasing merchandise and posting their passion online.
The government of Japan is betting big on anime as a key part of its “Cool Japan” plan. This soft-power initiative aims to boost the national economy by harnessing dedicated fandom to drive tourism. Leaders hope the strategy can generate trillions of yen annually by 2033.
This marks a step change for a country traditionally protective 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 are significant players. The streamer states that the number of subscribers watching anime on its platform has increased threefold in the last five years, with voice-overs produced in dozens of languages to meet worldwide demand.
The roadmap is filled with epic releases. Second and third instalments in the Demon Slayer saga are in the works, but fans will have to wait until 2027 and 2029. Before then, a live-action adaptation of One Piece and new seasons of other hit series are set for release.
The stories are epic, but so are the financial upsides of anime’s seemingly relentless ascent on the world stage.
Elena is a freelance writer and mindfulness coach who loves exploring the power of positive thinking.