Vinyl Record Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Vinyl Record Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global vinyl record market reached a value of US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2027, exhibiting a CAGR of 8.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2022-2027. 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 has been the impact of COVID-19 on the global vinyl record market?
2. What is the expected growth rate of the global vinyl record market?
3. What are the key factors driving the global vinyl record market?
4. What is the breakup of the global vinyl record market based on the product?
5. What is the breakup of the global vinyl record market based on the feature?
6. What is the breakup of the global vinyl record market based on the application?
7. What are the key regions in the global vinyl record market?
8. Who are the key companies/players in the global vinyl record market?


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

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