Record Stores in the US - Industry Market Research Report

Record Stores in the US

Operators in the Record Stores industry primarily retail prerecorded audio and videotapes, CDs, DVDs, Blu-Ray discs and phonographic records. Over the five years to 2019, sustained shifts in consumer preferences and competition from large discount and online retailers have hampered consumer demand for the Record Stores industry. 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 among music and film enthusiasts due to the premium selection of content offered for a monthly fee. Moving forward, 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. However, industry revenue is expected to decline at a slower pace as the vinyl record sales rebound. Renewed interest in vinyl from the college-age demographic has contributed to consecutive growth in vinyl sales over the past decade, and this trend is expected to continue during the outlook period with projected growth in discretionary income.

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Percentage of services conducted online
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major Players
    • Table Trans World Entertainment Corp. (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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