Key Market Indicators
Dutch music expenditure is projected to climb to approximately €44 billion by 2028, up from nearly €40 billion in 2023. This marks an average annual growth rate of 1.6%. Since the year 2000, Dutch demand for music has increased at an annual rate of 3.5%. In 2023, the Netherlands ranked sixth in music expenditure, with Spain surpassing it with the same expenditure of around €40 billion. Germany, France, and Italy occupied the second, third, and fourth spots respectively in the rankings. On the revenue front, Dutch music revenue is set to reach approximately €629 million by 2028, rising from €513 million in 2023. This represents an average annual growth rate of 3.2%. Since 2014, the Dutch music market has seen a year-on-year increase of 1.7%.
