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Music industry in Europe - statistics & facts

The music industry in Europe is constantly evolving. First there was vinyl, which was replaced by cassette tapes, which in turn were swapped for CDs. But sales of physical music have been in decline for the last 20 years, as media has turned digital. Music downloads made CDs almost redundant, and now streaming threatens to do the same to downloads. Streaming services such as Spotify, Amazon, and Deezer have made constant access to an almost unlimited supply of music a possibility for music lovers all over Europe. Digital music revenues in the United Kingdom are estimated at over a billion euros, 0.9 billion euros in Germany, and almost half a billion euros in France.

Where is money made in music?

Recorded music revenue has decreased by around 3 billion euros in Europe since the early 2000s. As recorded music becomes less profitable (although still an important industry), the live music industry has been booming. The live music market in Germany, for example, was estimated at almost 1.9 billion euros in 2019. Live music was worth 1.5 billion euros in the UK, and 0.9 billion euros in France. By 2023, the live music markets in almost all European countries will have seen healthy growth. The average price of music festival tickets in Europe has been increasing yearly.

COVID-19: Disconcerting live music in Europe

The live music industry had been booming. With national and regional lockdowns throughout Europe in order to limit the impact of the coronavirus (COVID-19) outbreak, and social distancing rules in place for the foreseeable future, it is a very worrying time for live music. Venues have closed, tours have been cancelled. Musicians have done what they can to stay productive; many performing online concerts and some recording music at home. Around 60 percent of European festival-goers watched a live music stream in lockdown in 2020. While music lovers across Europe eagerly await the return to live music venues, over ten percent of festival-goers say they will wait until a vaccine is available.


Interesting statistics

In the following 6 chapters, you will quickly find the 39 most important statistics relating to "Music industry in Europe".

Music industry in Europe

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Music streaming

Live music market

Coronavirus (COVID-19) impact

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