Key Market Indicators
French music expenditure is projected to hit approximately €117 billion by 2028, up from €111 billion in 2023. This marks an average annual growth rate of 0.9%. Historically, French demand for music has increased by 2.5% year on year since 1980. In 2023, France ranked third in music expenditure, trailing behind Germany, which led with €111 billion. Italy followed closely behind France in the fourth position. However, French music revenue is expected to decline, reaching around €785 million by 2028, down from €864 million in 2023. This represents a compound annual growth rate (CAGR) decrease of 1.5%. Despite this downturn, the French market has seen a significant rise, with a 4.6% year-on-year increase since 2013.