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Record Stores in the US - Industry Market Research Report

Record Stores in the US

Over the five years to 2018, sustained shifts in consumer preferences and competition from large discount and online retailers have hampered consumer demand for the Record Stores industry. Despite declining sales, large discount stores have used their purchasing power to capture market share by offering a greater selection of physical media at discounted prices, pressuring industry operators. Likewise, digital retailers and streaming services have positioned themselves as affordable, convenient alternatives to CDs and DVDs. Streaming services, in particular, have risen in popularity amongst music and film enthusiasts due to the premium selection of content offered for a monthly fee. Over the five years to 2023, the Record Stores industry is expected to continue its structural descent as on-demand streaming services and digital downloads dominate as preferred entertainment consumption platforms. Industry revenue is expected to decline at a slower pace, however, as the vinyl record sales rebound.

Record stores primarily retail prerecorded audio and videotapes, compact discs (CDs), digital video discs (DVDs), Blu-Ray discs and phonograph records. Online sales are excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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