Although the CD has thrived as the No. 1 format in Japan for four decades, streaming is growing significantly in the market. According to Luminate, Japan saw the sixth biggest YoY increase in total annual on-demand music streams of any nation last year, with its 2023 total stream haul up by 54.7 billion plays vs. 2022.

K-pop, short for Korean Pop, stands as a music genre originating from South Korea, encompassing diverse styles such as pop, hip-hop, R&B, electronic, and beyond.