Music Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Music Industry

European Music Trends in 2022

Music is part of Media And Entertainment and includes a number of sub-sectors such as Record Label, Concert, Music Distribution and Music Production. You may also be interested in Broadcasting and Advertising.

European Music Revenue is set to reach €12,290 Million by 2026 from €11,280 Million in 2021, growing 1.5% year on year on average. Since 2016, European market increased 1.9% year on year. In 2021, Germany ranked number 1 in Music Revenue with €3,440 Million. The United Kingdom, France and Sweden respectively came in numbers 2, 3 and 4 in this ranking. Macedonia increased 19.5% year on year, while Cyprus decreased by 100% year on year since 2016.

European Music Expenditure is set to reach €744,350 Million by 2026 from €702,900 Million in 2021, falling by 0.1% year on year on average. Since 2016, European demand decreased by 2.2% year on year. With €159,130 Million in 2021, the United Kingdom was number 1 in European Household Culture Expenditure. Germany, France and Italy respectively came in numbers 2, 3 and 4 in this ranking. Albania rose 6.1% year on year, while Spain decreased by 5.2% year on year since 2016.

Top 10 countries

In 2022 major markets in the Music Industry were:

Music Market Data and Forecasts

How much the Music industry is expected to grow to 2026?

Forecast: Turnover of Sound Recording and Music Publishing in Greece
Forecast: Turnover of Sound Recording and Music Publishing in Sweden
Forecast: Turnover of Sound Recording and Music Publishing in Slovenia
Forecast: Turnover of Sound Recording and Music Publishing in Latvia
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