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Luxembourg Leisure Industry Outlook 2024 - 2028

See how Luxembourg Leisure performed compared to key markets.

Key Market Indicators

The music revenue in Luxembourg is projected to remain stable, reaching approximately €2.1 million by 2028, the same figure as in 2023. This steady trend reflects an average annual growth rate of 2% since 2013. In contrast, music expenditure in Luxembourg is expected to see significant growth. By 2028, expenditures are anticipated to climb to around €1.71 billion, up from €1.54 billion in 2023. This represents an average annual growth rate of 1.7%. Historically, since the year 2000, Luxembourger demand for music has increased by an average of 2.2% annually. As of 2023, Luxembourg was ranked 31st in music expenditure, with Albania surpassing it at the same expenditure level of €1.54 billion. Leading the rankings were Germany, France, and Italy, occupying the 2nd, 3rd, and 4th positions respectively.

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Luxembourg Leisure Market Data and Forecasts