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 2021-2025
Detailed information on factors that will assist vinyl records market growth during the next five years
Estimation of the vinyl records market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the vinyl records market across North America, APAC, Europe, South America, and MEA
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive 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 ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
LP/EP vinyl records – Market size and forecast 2020-2025
Single vinyl records – Market size and forecast 2020-2025
Market opportunity by Product
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America – Market size and forecast 2020-2025
APAC – Market size and forecast 2020-2025
Europe – Market size and forecast 2020-2025
South America – Market size and forecast 2020-2025
MEA – Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
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
United Record Pressing
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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