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Portugal Leisure Industry Outlook 2024 - 2028

See how Portugal Leisure performed compared to key markets such as the United Kingdom, Germany and France.

Key Market Indicators

Portuguese music expenditure is projected to climb to €9 billion by 2028, up from €8.5 billion in 2023, reflecting an annual growth rate of 1.1%. Since the turn of the millennium, the demand for music in Portugal has been rising at an average rate of 1.3% per year. In 2023, Portugal ranked 18th globally in music spending, with Greece slightly ahead, also at €8.5 billion. The top spots were held by Germany, France, and Italy, which ranked second, third, and fourth, respectively. Meanwhile, Portuguese music revenue is set for a significant increase, expected to reach €65 million by 2028, up from €56 million in 2023. This marks an average annual growth rate of 2.3%. Over the past decade, the Portuguese music market has surged, experiencing an impressive annual jump of 9.6% since 2013.

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Portugal Leisure Market Data and Forecasts