This report segments the vinyl records market by product (LP/EP vinyl records and single vinyl records) and geography (North America, APAC, Europe, South America, and MEA)
NEW YORK, June 8, 2022 /PRNewswire/ — Vinyl records are analog audio recordings pressed onto vinyl. They come in the form of a flat disc with an inscribed, modulated spiral groove. They are available in various thicknesses and colors.
The vinyl records market size is expected to grow by USD 563.97 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 8.41% during the forecast period.
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Vinyl Records Market: Market Segmentation
By product, the LP/EP vinyl records segment will have significant market share growth during the forecast period. The rising popularity and promotional activities of EP records will further propel the demand for LP/EP vinyl records.
By geography, North America will have significant market share growth during the forecast period. However, market growth in this region will be slower than the growth of the market in other regions. The US is a key country for the vinyl records market in North America.
Vinyl Records Market: Major Growth Driver and Trend
The aesthetic appeal of vinyl records will drive the growth of the market during the forecast period. Vinyl records are one of the fastest-selling and growing mediums of music, despite the acceptance of digital media. Such records are popular among collectors, audiophiles, and DJs.
Rising promotional events in developed nations is one of the key trends in the vinyl records market. Promotional activities play a major role in reinventing the lost demand for vinyl records. For example, Record Store Day helps promote vinyl records to young audiences. The event is held on the third Saturday of April every year.
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Vinyl Records Market: Key Vendor Offerings GZ Media AS – The company offers a wide range of vinyl records such as Standard Black Vinyl and 20 standard colors for Coloured vinyl – 6 transparent colors and 14 solid colors.Implant Media Pty Ltd. – The company offers vinyl pressing that is available in a vast variety of colors, stocks, and finishes, at affordable prices.Microforum Services Group – The company offers a wide range of vinyl records.MPO France – The company offers vinyl records that are available in a wide range of colors and customizable options such as classics, splatters, marbled, and many more.Optimal media GmbH – The company offers a wide range of vinyl records such as Coloured vinyl, Etched vinyl, Inkspot vinyl, Picture vinyl, and many more.Reasons to Buy Vinyl Records Market Report:CAGR of the market during the forecast period 2021-2025Detailed information on factors that will assist vinyl records market growth during the next five yearsEstimation of the vinyl records market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the vinyl records market across North America, APAC, Europe, South America, and MEAAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of vinyl records market vendors
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Vinyl Records Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 8.41%
Market growth 2021-2025
USD 563.97 million
Market structure
Fragmented
YoY growth (%)
6.97
Regional analysis
North America, APAC, Europe, South America, and MEA
Performing market contribution
North America at 32%
Key consumer countries
US, Germany, Japan, UK, and The Netherlands
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
GZ Media AS, Implant Media Pty Ltd., Microforum Services Group, MPO France, Optimal media GmbH, Pallas Group, PrimeDisc International Ltd., Quality Record Pressings, Record Industry BV, and United Record Pressing
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
Executive Summary
Market Landscape
Market ecosystemValue chain analysis
Market Sizing
Market definitionMarket segment analysisMarket size 2020Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Bargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition
Market Segmentation by Product
Market segmentsComparison by ProductLP/EP vinyl records – Market size and forecast 2020-2025Single vinyl records – Market size and forecast 2020-2025Market opportunity by Product
Customer landscape
Geographic Landscape
Geographic segmentationGeographic comparisonNorth America – Market size and forecast 2020-2025APAC – Market size and forecast 2020-2025Europe – Market size and forecast 2020-2025South America – Market size and forecast 2020-2025MEA – Market size and forecast 2020-2025Key leading countriesMarket opportunity by geographyMarket driversMarket challengesMarket trends
Vendor Landscape
Vendor landscapeLandscape disruption
Vendor Analysis
Vendors coveredMarket positioning of vendorsGZ Media ASImplant Media Pty Ltd.Microforum Services GroupMPO FranceOptimal media GmbHPallas GroupPrimeDisc International Ltd.Quality Record PressingsRecord Industry BVUnited Record Pressing
Appendix
Scope of the reportCurrency conversion rates for US$Research methodologyList of abbreviationsAbout Us
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