The country music industry has seen a steady growth in recent years, with an increasing number of fans and artists. This blog post will explore the latest statistics on the state of the country music industry, including its share of total music consumption in 2020, album sales figures for that year, market share for total music sales and streams, global market projections until 2026, best-selling albums and songs from 2020 as well as radio station listenership numbers.
We’ll also look at attendance figures for concerts and festivals held in 2019/2020; streaming ad revenue generated by digital platforms; gender demographics among US fans; visitor numbers to iconic venues such as The Grand Ole Opry or Country Music Hall Of Fame & Museum; plus other interesting facts about this genre’s popularity around the world.
This statistic is a testament to the enduring popularity of country music in the United States. It shows that despite the ever-changing landscape of the music industry, country music remains a staple in the hearts of many Americans. This statistic is a reminder of the power of country music and its ability to connect with people from all walks of life.
Country album sales in the United States dropped from 31.8 million in 2019 to 28.3 million in 2020.
This statistic is a stark reminder of the impact the pandemic has had on the country music industry. It highlights the fact that the industry has been hit hard by the economic downturn, with album sales dropping by nearly 10%. This is a significant decline that has had a major impact on the industry, and it serves as a reminder of the importance of supporting country music artists and businesses during these difficult times.
Country Music Industry Statistics Overview
In 2020, country music made up 14.7% of the market share for total music sales and streams.
This statistic is a testament to the enduring popularity of country music, demonstrating that it continues to be a major player in the music industry. It is a key indicator of the genre’s success and provides insight into the current state of the country music industry. This statistic is an important piece of information for anyone looking to gain a better understanding of the industry and its trends.
The global country music market is expected to grow at a CAGR of over 4% until 2026.
This statistic is a testament to the enduring popularity of country music, indicating that the industry is likely to remain a strong and vibrant one for years to come. With a projected CAGR of over 4%, the country music market is poised to experience steady growth, providing a promising outlook for those involved in the industry.
In 2020, Luke Combs’ ‘What You See Is What You Get’ was the best-selling country album, with 1.287 million sales.
The success of Luke Combs’ ‘What You See Is What You Get’ in 2020 serves as a testament to the enduring popularity of country music. With 1.287 million sales, it was the best-selling country album of the year, demonstrating that country music continues to be a major force in the music industry.
In 2020, Maren Morris’ ‘The Bones’ topped the Billboard Hot Country Songs chart for 19 weeks, breaking the record for the longest leading number-one song by a solo female artist.
The success of Maren Morris’ ‘The Bones’ on the Billboard Hot Country Songs chart is a testament to the power of female artists in the country music industry. By topping the chart for 19 weeks, it has set a new record for the longest leading number-one song by a solo female artist, demonstrating that female artists can achieve the same level of success as their male counterparts. This statistic is a reminder that female artists are an integral part of the country music industry and should be celebrated for their accomplishments.
Country music accounts for 6% of global music consumption.
This statistic is a testament to the enduring popularity of country music, demonstrating that it continues to be a major player in the global music industry. It is a valuable piece of information for anyone looking to gain insight into the current state of the country music industry, and can be used to inform decisions about marketing, promotion, and other aspects of the industry.
Country music concert attendance in the US reached 28.09 million in 2019.
This statistic is a testament to the enduring popularity of country music in the US. It shows that despite the ever-changing music landscape, country music continues to draw in large crowds of fans. This statistic is a key indicator of the health of the country music industry and provides insight into the current state of the genre.
In 2020, country stations made up 13.4% of radio stations in Canada.
This statistic is a testament to the enduring popularity of country music in Canada. It shows that despite the ever-changing landscape of the music industry, country music remains a staple of Canadian radio. This is a clear indication that country music is still a major part of the Canadian music scene and is likely to remain so for the foreseeable future.
The Country Music Association Awards drew 6.1 million viewers in 2021.
The impressive viewership of the 2021 Country Music Association Awards is a testament to the enduring popularity of country music. This statistic serves as a reminder of the genre’s staying power and its ability to draw in a large audience. It is a clear indication that country music is still a major force in the music industry.
According to a survey, 43% of Canadians aged 18-34 prefer country music.
This statistic is a telling indication of the popularity of country music among Canadians aged 18-34. It suggests that the genre is resonating with a large portion of the population, and could be a sign of a bright future for the country music industry.
In 2020, Taylor Swift’s ‘Red’ holds the record for the fastest-selling country album in the Nielsen SoundScan era, with 1.21 million copies sold in the first week.
This statistic is a testament to the power of Taylor Swift’s influence in the country music industry. It demonstrates that her music has the ability to capture the attention of a wide audience and drive sales in a short period of time. This is a remarkable achievement and speaks to the strength of her brand and the impact she has had on the genre.
The Grand Ole Opry, a country music institution in Nashville, has a capacity of 4,400 seats and has been operating since 1925.
This statistic is a testament to the longevity and popularity of country music. It speaks to the staying power of the genre, as the Grand Ole Opry has been a staple of the country music scene for nearly a century. It also speaks to the size of the country music fan base, as the 4,400-seat capacity of the venue indicates that there is a large and dedicated audience for the genre.
In 2020, Garth Brooks remained the best-selling solo album artist in the United States, with over 157 million in album sales, and predominantly in the country genre.
This statistic is a testament to the enduring popularity of Garth Brooks and the country music genre. It shows that despite the ever-changing landscape of the music industry, country music remains a popular and profitable genre. It also highlights the success of Garth Brooks as an artist, demonstrating his ability to remain relevant and successful in the industry.
At the end of 2020, there were over 4,700 country music acts/artists listed on Spotify.
This statistic is a testament to the immense popularity of country music, with over 4,700 acts/artists listed on Spotify alone. It speaks to the genre’s widespread appeal and its ability to attract a large and diverse audience. It also highlights the industry’s potential for growth, as more and more people discover and enjoy country music.
In 2018, 58% of country music fans in the United States were female.
This statistic is a telling indication of the power of female country music fans in the United States. It demonstrates that the majority of the country music fan base is comprised of women, and that the industry should take this into account when making decisions about marketing, promotion, and other aspects of the business. It also suggests that female country music fans are an important demographic to target in order to ensure the success of the industry.
In 2019, country music station listenership reached over 68 million weekly listeners on terrestrial radio in the United States.
This statistic is a testament to the enduring popularity of country music in the United States. It shows that despite the ever-changing landscape of music genres, country music remains a staple in the hearts of many Americans. This statistic is a powerful reminder of the impact country music has had on the music industry and its fans.
In 2017, country music digital streaming ad revenue in the US was estimated at $890 million, a 34% growth compared to 2016.
This statistic is a testament to the growing popularity of country music in the digital streaming realm. It shows that the genre is not only thriving, but also experiencing a significant surge in revenue. This is an important indicator of the health of the country music industry, and provides insight into the potential for further growth in the future.
Conclusion
The statistics presented in this blog post demonstrate the immense popularity of country music, both domestically and globally. In 2020, it accounted for 9% of total music consumption in the United States and 6% worldwide. Country album sales dropped from 31.8 million to 28.3 million within a year but still made up 14.7% of market share for total music sales and streams that same year – an impressive feat considering its global CAGR growth rate is estimated at over 4%. Luke Combs’ ‘What You See Is What You Get’ was the best-selling country album with 1.287 million sales while Maren Morris’ ‘The Bones’ topped Billboard Hot Country Songs chart for 19 weeks – breaking records along the way.
Country radio stations make up 13.4% of all Canadian radio stations while 43% Canadians aged 18-34 prefer listening to it; 18+million people attended at least one US festival in 2015 alone; Taylor Swift’s ‘Red’ holds record as fastest selling country album ever; Grand Ole Opry has been running since 1925 with capacity seating 4,400 visitors per show & The Country Music Hall Of Fame welcomed over 1Million visitors last 2019. Garth Brooks remains top solo artist seller (157 Million) followed by Spotify listing more than 4700 artists/acts under their platform & 58 % female listenership on 2018 survey results respectively . Lastly , digital streaming ad revenue reached 890 Million USD back 2017 which shows how much potential there are yet to be explored .
References
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