The UK recorded music market grew 9.7% in 2024, reaching 201 million albums, with streaming hitting an all-time high of nearly 200 billion audio streams, according to BPI data.

Key Highlights:

• Women dominated the Official Singles Chart for 34 weeks and claimed 50% of the year's Top 20 albums
• Physical music sales showed positive growth for the first time in 20 years
• Vinyl album sales increased for the 17th consecutive year
• CD sales remained stable, nearly matching 2023 levels
• Streaming grew 11% to 199.6 billion audio streams, accounting for 88.8% of music consumption
• First-ever record of over 4 billion audio streams in a single week (May 2024)

Notable British Success: More than 20 British acts topped the Official Album Chart, including The Last Dinner Party, Dua Lipa, Charli XCX, Coldplay, and The Cure. However, the UK faced increased competition from the US, South Korea, and Latin America, with these regions receiving significant government support for their music industries.

Top Albums 2024:

1. Taylor Swift — The Tortured Poets Department
2. The Weeknd — The Highlights
3. Sabrina Carpenter — Short N' Sweet
4. Noah Kahan — Stick Season
5. Billie Eilish — Hit Me Hard And Soft

Most-Streamed Tracks 2024:

1. Noah Kahan — "Stick Season"
2. Sabrina Carpenter — "Espresso"
3. Benson Boone — "Beautiful Things"
4. Teddy Swims — "Lose Control"
5. Hozier — "Too Sweet"

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