Key Market Indicators
Poland's music expenditure is projected to hit approximately €23 billion by 2028, up from about €21 billion in 2023, marking an average annual growth rate of 1.7%. Since 2000, the country's demand for music has seen a yearly increase of 0.7%. In 2023, Poland ranked ninth in music expenditure, with Switzerland leading at the same €21 billion mark. Germany, France, and Italy secured the second, third, and fourth spots, respectively. Conversely, Polish music revenue is expected to decline to roughly €127 million by 2028 from around €143 million in 2023, reflecting a yearly decrease of 1.7% in compound annual growth rate (CAGR). Since 2013, the Polish market has experienced an annual downturn of 4.5%. In 2023, Poland ranked 13th in music revenue, with Denmark surpassing it at approximately €143 million. The United Kingdom, France, and Sweden occupied the second, third, and fourth positions, respectively.
