Key Market Indicators
Dutch music expenditure is projected to reach approximately €43.9 billion by 2028, up from around €39.6 billion in 2023. This marks an average annual growth rate of 1.6%. Since the year 2000, the demand for music in the Netherlands has increased by an average of 3.5% per year. In 2023, the Netherlands ranked sixth in music expenditure, with Spain slightly ahead at €39.6 billion. Germany, France, and Italy occupied the second, third, and fourth positions, respectively, in this ranking. On the revenue front, Dutch music revenue is expected to climb to about €628.5 million by 2028, from €513.1 million in 2023, reflecting a compound annual growth rate of 3.2%. Since 2014, the Dutch music market has grown by an average of 1.7% annually. In 2023, the Netherlands stood fifth in music revenue, trailing Sweden, which had a revenue of €513.1 million. The United Kingdom, France, and Sweden ranked second, third, and fourth, respectively, in this category.
