| Product Code: ETC267755 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The music recording industry in Australia has undergone significant transformations with the rise of digital streaming platforms. While traditional CD sales have declined, independent artists and record labels benefit from online distribution services. Government initiatives supporting local musicians and copyright regulations play a critical role in shaping the industry. The demand for high-quality recording studios and equipment remains steady, driven by both professional and home-based music production.
The shift towards digital music streaming platforms and independent artist promotions has driven the growth of the music recording market in Australia. The rise in online content creation, including podcasts and YouTube music channels, has further supported demand for recording studios and production equipment. Additionally, the increasing number of local and international music festivals has contributed to market expansion.
The music recording market in Australia faces declining physical album sales as streaming services dominate the industry. Independent artists increasingly bypass traditional recording studios, opting for home-based production. Revenue challenges from piracy and reduced monetization opportunities also impact market players.
The Australian music recording industry benefits from digital streaming growth and independent artist production. Investment opportunities lie in digital music platforms, recording studio services, and licensing agreements for international distribution.
The Australian government supports the music recording industry through copyright laws, funding programs, and trade regulations. The Australian Copyright Act protects the intellectual property rights of artists and recording companies, ensuring fair compensation for their work. The government also provides financial assistance through grants and funding programs such as those offered by the Australia Council for the Arts and Screen Australia, encouraging the production and distribution of Australian music. Additionally, trade policies regulate the import and export of recorded music, ensuring compliance with international agreements on digital content distribution and royalties.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Music Recording Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Music Recording Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Music Recording Market - Industry Life Cycle |
3.4 Australia Music Recording Market - Porter's Five Forces |
3.5 Australia Music Recording Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Music Recording Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Music Recording Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.8 Australia Music Recording Market Revenues & Volume Share, By Genre, 2021 & 2031F |
4 Australia Music Recording Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in digital music consumption |
4.2.2 Increasing demand for personalized and niche music content |
4.2.3 Rise in music streaming services and platforms |
4.3 Market Restraints |
4.3.1 Piracy and illegal downloads impacting revenue |
4.3.2 Competition from online platforms offering free music content |
4.3.3 Challenges in royalty distribution and licensing agreements |
5 Australia Music Recording Market Trends |
6 Australia Music Recording Market, By Types |
6.1 Australia Music Recording Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Music Recording Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Music Recording Market Revenues & Volume, By Record Production, 2021-2031F |
6.1.4 Australia Music Recording Market Revenues & Volume, By Music Publishers, 2021-2031F |
6.1.5 Australia Music Recording Market Revenues & Volume, By Record Distribution, 2021-2031F |
6.1.6 Australia Music Recording Market Revenues & Volume, By Sound Recording Studios, 2021-2031F |
6.2 Australia Music Recording Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Music Recording Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2.3 Australia Music Recording Market Revenues & Volume, By Performance, 2021-2031F |
6.2.4 Australia Music Recording Market Revenues & Volume, By Synchronization, 2021-2031F |
6.2.5 Australia Music Recording Market Revenues & Volume, By Digital, 2021-2031F |
6.2.6 Australia Music Recording Market Revenues & Volume, By Others, 2021-2031F |
6.3 Australia Music Recording Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Australia Music Recording Market Revenues & Volume, By Individual, 2021-2031F |
6.3.3 Australia Music Recording Market Revenues & Volume, By Commercial, 2021-2031F |
6.4 Australia Music Recording Market, By Genre |
6.4.1 Overview and Analysis |
6.4.2 Australia Music Recording Market Revenues & Volume, By Rock, 2021-2031F |
6.4.3 Australia Music Recording Market Revenues & Volume, By Hip Hop, 2021-2031F |
6.4.4 Australia Music Recording Market Revenues & Volume, By Pop, 2021-2031F |
6.4.5 Australia Music Recording Market Revenues & Volume, By Jazz, 2021-2031F |
6.4.6 Australia Music Recording Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Music Recording Market Import-Export Trade Statistics |
7.1 Australia Music Recording Market Export to Major Countries |
7.2 Australia Music Recording Market Imports from Major Countries |
8 Australia Music Recording Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) for music streaming services |
8.2 Number of monthly active users on music streaming platforms |
8.3 Percentage of revenue from subscription-based services |
8.4 Growth in the number of independent music labels signing distribution deals |
9 Australia Music Recording Market - Opportunity Assessment |
9.1 Australia Music Recording Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Music Recording Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Music Recording Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.4 Australia Music Recording Market Opportunity Assessment, By Genre, 2021 & 2031F |
10 Australia Music Recording Market - Competitive Landscape |
10.1 Australia Music Recording Market Revenue Share, By Companies, 2024 |
10.2 Australia Music Recording Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |