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Macedonia Leisure Industry Outlook 2024 - 2028

See how Macedonia Leisure performed compared to key markets.

Key Market Indicators

The Macedonian music industry is projected to see its revenue climb to approximately €1.1 million by 2028, up from €1 million in 2023. This marks an annual growth rate of 1.9%, according to recent data. Since 2018, the market has experienced a robust annual growth of 7.4%. On the expenditure side, Macedonian spending on music is set to reach nearly €459 million by 2028, rising from €393 million in 2023. This represents an average annual growth rate of 2.6%. Historically, demand has surged by 4.1% per year since 2005. In 2023, Macedonia ranked 35th in music expenditure, with Malta slightly ahead at €393 million. Germany, France, and Italy held the top three spots in this ranking.

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Macedonia Leisure Market Data and Forecasts