AceShowbiz - The recorded music industry in Spain saw a significant growth of 13.7% in 2025, reaching a market value of 409.5 million euros ($475.7 million), according to the latest annual report from PROMUSICAE, the association representing over 95% of Spain’s music market.

Sales from music in both digital and physical formats generated 343.7 million euros ($399.3 million), which accounts for 84% of the total industry revenue. This performance brings the market’s revenue close to levels last seen in 2003, though it remains 26% below the all-time peak recorded in 2001.

The report highlights Bad Bunny’s album Debí Tirar Más Fotos as the most consumed album in Spain for 2025, topping the annual chart after spending 51 weeks listed. The top 10 albums also feature prominent releases such as Lux by Rosalía, Cuarto Azul by Aitana, Buenas Noches by Quevedo, Borondo by Beéle, and The Life of a Showgirl by Taylor Swift. Other notable albums include Nacer de Nuevo by JC Reyes, Tropicoqueta by Karol G, Lo Mismo de Siempre by Mora, and Primera Musa by Omar Courtz.

Streaming remained the primary growth driver for Spain’s music market in 2025, generating 299.8 million euros ($348.3 million), which is a 13% increase from the previous year. Streaming accounted for 99.2% of all digital sales, underscoring its dominance.

Revenue from premium subscriptions was the largest contributor within streaming, bringing in 213.8 million euros ($248.4 million), or 71.3% of total streaming income. Ad-supported streaming, encompassing both audio and video platforms, generated 86 million euros ($99.9 million), but despite its widespread usage, it represents a smaller share of overall revenue.

The report reveals that more than 21 million Spaniards used audio streaming services in 2025, representing approximately 42% of the population. Among these, over 8 million users held premium subscriptions, marking an 18% increase compared to 2024.

In the annual ranking of popular songs, the leading track was "La Plena (W Sound 05)" by W Sound, Beéle, and Ovy On The Drums. It was closely followed by "Capaz (Merengueton)" by Yorghaki and Alleh. The list also includes multiple hits from Bad Bunny, such as "Baile Inolvidable," "NuevaYol," "DtMF," and the collaboration "Veldá" with Omar Courtz and Dei V. Other standout tracks feature "Mi Refe" by Beéle and Ovy On The Drums, "No tiene sentido" by Beéle, "Si Antes Te Hubiera Conocido" by Karol G, and "Yo y Tú" by Ovy On The Drums, Quevedo, and Beéle.

The digital segment as a whole generated 302 million euros ($350.8 million), representing 87.9% of all recorded music sales in Spain. Although permanent downloads and other digital formats contributed 2.2 million euros ($2.56 million), their market share continues to diminish compared to streaming.

The physical music market also experienced notable growth in 2025, with revenues climbing to 41.7 million euros ($48.4 million), a 31.6% increase over 2024.

Vinyl remains the leading physical format, making up 69% of physical sales. A total of 2.18 million vinyl units were sold, generating 28.9 million euros ($33.5 million), which is a 44.9% year-over-year increase. CD sales also rose modestly, producing 12.6 million euros ($14.6 million), up 9.1% from the prior year.

Antonio Guisasola, president of PROMUSICAE, commented on the sector's achievements, stating that the growth in 2025 demonstrates how the record companies’ investments in artist talent and creativity are bringing the market closer to the levels seen in 2003.

However, Guisasola also noted ongoing challenges, emphasizing that paid subscription penetration remains lower than in neighboring markets. He stressed the importance of strengthening the subscription model to ensure fair compensation for creators.

The report further highlights piracy as a persistent concern, with 34% of consumers accessing music illegally. This illegal consumption is estimated to have an economic impact of 722 million euros ($838.8 million) on Spain’s music industry.