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PUBLISHER: IMARC | PRODUCT CODE: 1370304

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PUBLISHER: IMARC | PRODUCT CODE: 1370304

Vinyl Record Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

Market Overview:

The global vinyl record market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2028, exhibiting a growth rate (CAGR) of 9.4% during 2023-2028.

A vinyl record, or phonograph record, refers to an analog sound storage device that consists of a disc manufactured using polyvinyl chloride plastic. The discs can have a metal, resin, cardboard or glass core, and the modulated sound information is inscribed in the surface materials in grooves. The disc is incised on both sides with a single concentric spiral groove, in which a sapphire or diamond needle or stylus is run. Traditionally, these records were used as the primary medium for commercial music production; however, they are now gaining immense traction among the new-generation artists as well.

The market is primarily being driven by rapid urbanization, along with the adoption of omnichannel retailing practices by vendors to increase their consumer base. Music collectors, audiophiles and disc jockeys (DJs) consider vinyl records as a prized possession and are increasingly using them for concerts, shows and music recordings. Furthermore, these records also represent a significant part of pop music history and heritage, which is increasing their demand significantly in the contemporary music scenario. Popular music labels are organizing events to release and offering deluxe or limited-edition albums to promote vinyl records. Additionally, product manufacturers are integrating various technological advancements in the records to enhance disc capacity, maintain high-definition (HD) audio quality and minimize the overall costs of production. Other factors, such as aggressive promotional activities by celebrities and music personalities, along with increasing expenditure capacities of consumers, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vinyl record market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, feature, gender, age group, application and distribution channel.

Breakup by Product:

LP/EP Vinyl Records

Single Vinyl Records

Breakup by Feature:

Colored

Gatefold

Picture

Breakup by Gender:

Men

Women

Breakup by Age Group:

13-17

18-25

26-35

36-50

Above 50

Breakup by Application:

Private

Commercial

Breakup by Distribution Channel:

Supermarkets and Hypermarkets

Independent Retailers

Online Stores

Others

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being GZ Media, Implant Media Pty Ltd., Independent Record Pressing, MPO International (Aker Solutions), Optimal Media (Brand Networks), PrimeDisc International Limited, Quality Record Pressings, R.a.n.d.muzik Record Manufacturing, Record Industry, Pallas Group, Stereodisk LLC, United Record Pressing, etc.

Key Questions Answered in This Report

  • 1. What was the size of the global vinyl record market in 2022?
  • 2. What is the expected growth rate of the global vinyl record market during 2023-2028?
  • 3. What are the key factors driving the global vinyl record market?
  • 4. What has been the impact of COVID-19 on the global vinyl record market?
  • 5. What is the breakup of the global vinyl record market based on the product?
  • 6. What is the breakup of the global vinyl record market based on the feature?
  • 7. What is the breakup of the global vinyl record market based on the gender?
  • 8. What is the breakup of the global vinyl record market based on the age group?
  • 9. What is the breakup of the global vinyl record market based on the application?
  • 10. What is the breakup of the global vinyl record market based on the distribution channel?
  • 11. What are the key regions in the global vinyl record market?
  • 12. Who are the key companies/players in the global vinyl record market?
Product Code: SR112023A2264

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Vinyl Record Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 LP/EP Vinyl Records
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Single Vinyl Records
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Feature

  • 7.1 Colored
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Gatefold
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Picture
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Gender

  • 8.1 Men
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Women
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Age Group

  • 9.1 13-17
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 18-25
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 26-35
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 36-50
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Above 50
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Application

  • 10.1 Private
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Commercial
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast

11 Market Breakup by Distribution Channel

  • 11.1 Supermarkets and Hypermarkets
    • 11.1.1 Market Trends
    • 11.1.2 Market Forecast
  • 11.2 Independent Retailers
    • 11.2.1 Market Trends
    • 11.2.2 Market Forecast
  • 11.3 Online Stores
    • 11.3.1 Market Trends
    • 11.3.2 Market Forecast
  • 11.4 Others
    • 11.4.1 Market Trends
    • 11.4.2 Market Forecast

12 Market Breakup by Region

  • 12.1 North America
    • 12.1.1 United States
      • 12.1.1.1 Market Trends
      • 12.1.1.2 Market Forecast
    • 12.1.2 Canada
      • 12.1.2.1 Market Trends
      • 12.1.2.2 Market Forecast
  • 12.2 Asia Pacific
    • 12.2.1 China
      • 12.2.1.1 Market Trends
      • 12.2.1.2 Market Forecast
    • 12.2.2 Japan
      • 12.2.2.1 Market Trends
      • 12.2.2.2 Market Forecast
    • 12.2.3 India
      • 12.2.3.1 Market Trends
      • 12.2.3.2 Market Forecast
    • 12.2.4 South Korea
      • 12.2.4.1 Market Trends
      • 12.2.4.2 Market Forecast
    • 12.2.5 Australia
      • 12.2.5.1 Market Trends
      • 12.2.5.2 Market Forecast
    • 12.2.6 Indonesia
      • 12.2.6.1 Market Trends
      • 12.2.6.2 Market Forecast
    • 12.2.7 Others
      • 12.2.7.1 Market Trends
      • 12.2.7.2 Market Forecast
  • 12.3 Europe
    • 12.3.1 Germany
      • 12.3.1.1 Market Trends
      • 12.3.1.2 Market Forecast
    • 12.3.2 France
      • 12.3.2.1 Market Trends
      • 12.3.2.2 Market Forecast
    • 12.3.3 United Kingdom
      • 12.3.3.1 Market Trends
      • 12.3.3.2 Market Forecast
    • 12.3.4 Italy
      • 12.3.4.1 Market Trends
      • 12.3.4.2 Market Forecast
    • 12.3.5 Spain
      • 12.3.5.1 Market Trends
      • 12.3.5.2 Market Forecast
    • 12.3.6 Russia
      • 12.3.6.1 Market Trends
      • 12.3.6.2 Market Forecast
    • 12.3.7 Others
      • 12.3.7.1 Market Trends
      • 12.3.7.2 Market Forecast
  • 12.4 Latin America
    • 12.4.1 Brazil
      • 12.4.1.1 Market Trends
      • 12.4.1.2 Market Forecast
    • 12.4.2 Mexico
      • 12.4.2.1 Market Trends
      • 12.4.2.2 Market Forecast
    • 12.4.3 Others
      • 12.4.3.1 Market Trends
      • 12.4.3.2 Market Forecast
  • 12.5 Middle East and Africa
    • 12.5.1 Market Trends
    • 12.5.2 Market Breakup by Country
    • 12.5.3 Market Forecast

13 SWOT Analysis

  • 13.1 Overview
  • 13.2 Strengths
  • 13.3 Weaknesses
  • 13.4 Opportunities
  • 13.5 Threats

14 Value Chain Analysis

15 Porters Five Forces Analysis

  • 15.1 Overview
  • 15.2 Bargaining Power of Buyers
  • 15.3 Bargaining Power of Suppliers
  • 15.4 Degree of Competition
  • 15.5 Threat of New Entrants
  • 15.6 Threat of Substitutes

16 Price Indicators

17 Competitive Landscape

  • 17.1 Market Structure
  • 17.2 Key Players
  • 17.3 Profiles of Key Players
    • 17.3.1 GZ Media
      • 17.3.1.1 Company Overview
      • 17.3.1.2 Product Portfolio
    • 17.3.2 Implant Media Pty Ltd.
      • 17.3.2.1 Company Overview
      • 17.3.2.2 Product Portfolio
    • 17.3.3 Independent Record Pressing
      • 17.3.3.1 Company Overview
      • 17.3.3.2 Product Portfolio
    • 17.3.4 MPO International (Aker Solutions)
      • 17.3.4.1 Company Overview
      • 17.3.4.2 Product Portfolio
    • 17.3.5 Optimal Media (Brand Networks)
      • 17.3.5.1 Company Overview
      • 17.3.5.2 Product Portfolio
    • 17.3.6 PrimeDisc International Limited
      • 17.3.6.1 Company Overview
      • 17.3.6.2 Product Portfolio
    • 17.3.7 Quality Record Pressings
      • 17.3.7.1 Company Overview
      • 17.3.7.2 Product Portfolio
    • 17.3.8 R.a.n.d.muzik Record Manufacturing
      • 17.3.8.1 Company Overview
      • 17.3.8.2 Product Portfolio
    • 17.3.9 Record Industry
      • 17.3.9.1 Company Overview
      • 17.3.9.2 Product Portfolio
    • 17.3.10 Pallas Group
      • 17.3.10.1 Company Overview
      • 17.3.10.2 Product Portfolio
    • 17.3.11 Stereodisk LLC
      • 17.3.11.1 Company Overview
      • 17.3.11.2 Product Portfolio
    • 17.3.12 United Record Pressing
      • 17.3.12.1 Company Overview
      • 17.3.12.2 Product Portfolio
Product Code: SR112023A2264

List of Figures

  • Figure 1: Global: Vinyl Record Market: Major Drivers and Challenges
  • Figure 2: Global: Vinyl Record Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Vinyl Record Market: Breakup by Product (in %), 2022
  • Figure 4: Global: Vinyl Record Market: Breakup by Feature (in %), 2022
  • Figure 5: Global: Vinyl Record Market: Breakup by Gender (in %), 2022
  • Figure 6: Global: Vinyl Record Market: Breakup by Age Group (in %), 2022
  • Figure 7: Global: Vinyl Record Market: Breakup by Application (in %), 2022
  • Figure 8: Global: Vinyl Record Market: Breakup by Distribution Channel (in %), 2022
  • Figure 9: Global: Vinyl Record Market: Breakup by Region (in %), 2022
  • Figure 10: Global: Vinyl Record Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 11: Global: Vinyl Record (LP/EP) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Vinyl Record (LP/EP) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Vinyl Record (Single) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Vinyl Record (Single) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Vinyl Record (Colored) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Vinyl Record (Colored) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Vinyl Record (Gatefold) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Vinyl Record (Gatefold) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Vinyl Record (Picture) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Vinyl Record (Picture) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Vinyl Record (Men) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Vinyl Record (Men) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Vinyl Record (Women) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Vinyl Record (Women) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Vinyl Record (13-17) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Vinyl Record (13-17) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Vinyl Record (18-25) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Vinyl Record (18-25) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Vinyl Record (26-35) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Vinyl Record (26-35) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Vinyl Record (36-50) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Vinyl Record (36-50) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Vinyl Record (Above 50) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Vinyl Record (Above 50) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Vinyl Record (Private) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Vinyl Record (Private) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Vinyl Record (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Vinyl Record (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Vinyl Record Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
  • Figure 40: Global: Vinyl Record Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
  • Figure 41: Global: Vinyl Record Market: Sales through Independent Retailers (in Million US$), 2017 & 2022
  • Figure 42: Global: Vinyl Record Market Forecast: Sales through Independent Retailers (in Million US$), 2023-2028
  • Figure 43: Global: Vinyl Record Market: Sales through Online Stores (in Million US$), 2017 & 2022
  • Figure 44: Global: Vinyl Record Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
  • Figure 45: Global: Vinyl Record Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
  • Figure 46: Global: Vinyl Record Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
  • Figure 47: North America: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: North America: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: United States: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: United States: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: Canada: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: Canada: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Asia Pacific: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Asia Pacific: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: China: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: China: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Japan: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Japan: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: India: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: India: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: South Korea: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: South Korea: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Australia: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Australia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Indonesia: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Indonesia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Others: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Europe: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Europe: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Germany: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Germany: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: France: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: France: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: United Kingdom: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: United Kingdom: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Italy: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Italy: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Spain: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Spain: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Russia: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Russia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Others: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Latin America: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Latin America: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Brazil: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Brazil: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Mexico: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Mexico: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 91: Others: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 92: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 93: Middle East and Africa: Vinyl Record Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 94: Middle East and Africa: Vinyl Record Market: Breakup by Country (in %), 2022
  • Figure 95: Middle East and Africa: Vinyl Record Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 96: Global: Vinyl Record Industry: SWOT Analysis
  • Figure 97: Global: Vinyl Record Industry: Value Chain Analysis
  • Figure 98: Global: Vinyl Record Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Vinyl Record Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Vinyl Record Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Vinyl Record Market Forecast: Breakup by Feature (in Million US$), 2023-2028
  • Table 4: Global: Vinyl Record Market Forecast: Breakup by Gender (in Million US$), 2023-2028
  • Table 5: Global: Vinyl Record Market Forecast: Breakup by Age Group (in Million US$), 2023-2028
  • Table 6: Global: Vinyl Record Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 7: Global: Vinyl Record Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 8: Global: Vinyl Record Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 9: Global: Vinyl Record Market Structure
  • Table 10: Global: Vinyl Record Market: Key Players
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