Market share of record labels in Sweden January 2024, based on single/album charts

During the first week of January 2024, Universal Music recorded the highest market share among Swedish record labels, at over 47 percent for album charts. Sony Music came second, with a market share of roughly 23 percent. Warner Music ranked third. The Swedish record label Playground Music Scand had the lowest market shares during this period.

Which music publishers are the largest in Sweden?

Based on the total sales of songs released in Sweden in 2019, Sony, Universal Music, and Warner Music also ranked highest. Here, Sony/ATV was the largest Swedish music publisher that year, reaching a market share of nearly 24 percent. Universal Music Publishing was the second biggest music company in the country.

How has the Swedish music market developed during the past years?

The value of the recorded music industry in Sweden increased in recent years. As of 2019, companies generated revenues of over 1.5 billion Swedish kronor. 10 years earlier, it was about half as high. Music streaming services by far accounted for the largest share of music sales in 2019, growing by over one billion Swedish kronor in the period from 2009 to 2019.