Vinyl Records Market

Global Vinyl Records Market by Products (Single Vinyl Records and LP/EP Vinyl Records), Features (Colored, Picture, and Gatefold), Applications (Commercial and Private), Distribution Channels (Offline Stores, Online Stores, Supermarkets & Hypermarkets, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: MC-3021
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 182
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  • Pub. Date: Upcoming
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The global vinyl records market is projected to expand at a substantial CAGR during the forecast period, between 2021 and 2028. A vinyl record, also known as a gramophone record. Vinyl records deliver consumers a music quality, unrivaled appearance, and record experience. The discs' cores can be made of metal, resin, cardboard, or glass, and the modulated sound information is written in grooves in the surface materials. A single concentric curved groove is etched on both sides of the disc, through which cobalt or stylus, or diamond needle is driven. Vinyl records continue to be the medium of choice for many audiophiles, as well as specialists in electronic dance music and hip hop.

Vinyl Records Market key takeaways

Market Trends, Drivers, Restraints, and Opportunities:

  • Rapid urbanization, as well as vendors' use of Omni-channel retailing strategies to grow their consumer base, are fueling the market growth.
  • Aggressive promotional initiatives by music personalities and celebrities, as well as rising consumer spending power, are expected to boost the market.
  • Growing acknowledgment as heritage masterpieces by prominent artists, are some of the factors fueling the market.
  • Increasing popularity of live events is expected to propel the market.
  • Rising number of social VR spaces is estimated to boost the market.
  • Music is streamed directly to mobile phones and other electronic devices due to high internet connections, which are hindering the product market growth.
  • Rising number of digital music customers hampers the market.

Scope of the report:

The report on the vinyl records market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Vinyl Records Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Single Vinyl Records and LP/EP Vinyl Records), Features (Colored, Picture, and Gatefold), Applications (Commercial and Private), Distribution Channels (Offline Stores, Online Stores, Supermarkets & Hypermarkets, and Ot

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Independent Record Pressing; R.a.n.d.muzik Record Manufacturing; Optimal Media; GZ Media; MPO International; PrimeDisc International Limited; Implant Media Pty Ltd.; Quality Record Pressings; Record Industry; Stereodisk LLC; and United Record Pressing

 

Vinyl Records Market Segment Insights:

The LP/EV vinyl records segment is projected to hold significant market share

Based on products, the vinyl records market can be bifurcated into single vinyl records and LP/EP vinyl records. The LP/EV vinyl records segment is projected to hold significant market share. These are the most popular among consumers, and they have the capability of providing extended play hours, which is also dependent on the labels of the records as provided by the record business. Single vinyl records segment is projected to expand at a rapid pace in the coming years. Single plays are mostly popular as collectors' items. Single play typically has 1 or 2 songs saved. Because some tracks are rarely available on single vinyl records, consumers desire to have exclusive tunes on single play records for their collection.

Vinyl Records Market by products

The colored feature segment is anticipated to account for a substantial share

On the basis of features, the market can be segmented into colored, picture, and gatefold. The colored feature segment is anticipated to account for a substantial share. As compared to their black counterparts, colorful vinyl discs produce far more noise and screech. These factors are anticipated segment growth.

Vinyl Records Market by features

The commercial segment expands at a rapid pace during the forecast period

In terms of applications, the vinyl records market can be fragmented into commercial and private. The commercial segment expands at a rapid pace during the forecast period. Vinyl records are the major medium for commercial music creation, but they are increasingly gaining popularity among new-generation artists as well.

The offline stores segment is estimated to register a substantial growth rate

Based on distribution channels, the market can be segregated into offline stores, online stores, supermarkets & hypermarkets, and others. The offline stores segment is estimated to register a substantial growth rate during the projected period. A wider range of variety and promotional events organized by stores, as well as appealing discount offers are the better options. The stores sell rare and collectible vinyl records as well as authentic and vintage gramophones.

Asia Pacific is expected to dominate the market

In terms of regions, the vinyl records market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market. Vintage record purchasers frequently hunt for bargains at thrift stores and antique stores. Millennials and Generation X are following vintage fashion trends that are making a comeback in the market.
 

Segments

Segments Covered in the Report:

By Products

  • Single Vinyl Records
  • LP/EP Vinyl Records

By Features

  • Colored
  • Picture
  • Gatefold

By Applications

  • Commercial
  • Private

By Distribution Channels

  • Offline Stores
  • Online Stores
  • Supermarkets & Hypermarkets
  • Others

By Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

By Key Players

  • Independent Record Pressing
  • R.a.n.d.muzik Record Manufacturing
  • Optimal Media
  • GZ Media
  • MPO International
  • PrimeDisc International Limited
  • Implant Media Pty Ltd.
  • Quality Record Pressings
  • Record Industry
  • Stereodisk LLC
  • United Record Pressing

Competitive Landscape

Key players in the vinyl records market include Independent Record Pressing; R.a.n.d.muzik Record Manufacturing; Optimal Media; GZ Media; MPO International; PrimeDisc International Limited; Implant Media Pty Ltd.; Quality Record Pressings; Record Industry; Stereodisk LLC; and United Record Pressing. These players have widely engaged in various market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Vinyl Records Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vinyl Records Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vinyl Records Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vinyl Records Market - Supply Chain
  4.5. Global Vinyl Records Market Forecast
     4.5.1. Vinyl Records Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vinyl Records Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Vinyl Records Market Absolute $ Opportunity
5. Global Vinyl Records Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Vinyl Records Market Size and Volume Forecast by Applications
     5.3.1. Commercial
     5.3.2. Private
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Vinyl Records Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Vinyl Records Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Vinyl Records Demand Share Forecast, 2019-2026
7. North America Vinyl Records Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Vinyl Records Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Vinyl Records Market Size and Volume Forecast by Applications
     7.4.1. Commercial
     7.4.2. Private
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Vinyl Records Demand Share Forecast, 2019-2026
8. Latin America Vinyl Records Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Vinyl Records Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Vinyl Records Market Size and Volume Forecast by Applications
     8.4.1. Commercial
     8.4.2. Private
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Vinyl Records Demand Share Forecast, 2019-2026
9. Europe Vinyl Records Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Vinyl Records Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Vinyl Records Market Size and Volume Forecast by Applications
     9.4.1. Commercial
     9.4.2. Private
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Vinyl Records Demand Share Forecast, 2019-2026
10. Asia Pacific Vinyl Records Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Vinyl Records Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Vinyl Records Market Size and Volume Forecast by Applications
     10.4.1. Commercial
     10.4.2. Private
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Vinyl Records Demand Share Forecast, 2019-2026
11. Middle East & Africa Vinyl Records Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Vinyl Records Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Vinyl Records Market Size and Volume Forecast by Applications
     11.4.1. Commercial
     11.4.2. Private
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Vinyl Records Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Vinyl Records Market: Market Share Analysis
  12.2. Vinyl Records Distributors and Customers
  12.3. Vinyl Records Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Independent Record Pressing
     12.4.2. R.a.n.d.muzik Record Manufacturing
     12.4.3. Optimal Media
     12.4.4. GZ Media
     12.4.5. MPO International
     12.4.6. PrimeDisc International Limited
     12.4.7. Implant Media Pty Ltd.

Segments Covered in the Report:

By Products

  • Single Vinyl Records
  • LP/EP Vinyl Records

By Features

  • Colored
  • Picture
  • Gatefold

By Applications

  • Commercial
  • Private

By Distribution Channels

  • Offline Stores
  • Online Stores
  • Supermarkets & Hypermarkets
  • Others

By Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

By Key Players

  • Independent Record Pressing
  • R.a.n.d.muzik Record Manufacturing
  • Optimal Media
  • GZ Media
  • MPO International
  • PrimeDisc International Limited
  • Implant Media Pty Ltd.
  • Quality Record Pressings
  • Record Industry
  • Stereodisk LLC
  • United Record Pressing

Key players in the vinyl records market include Independent Record Pressing; R.a.n.d.muzik Record Manufacturing; Optimal Media; GZ Media; MPO International; PrimeDisc International Limited; Implant Media Pty Ltd.; Quality Record Pressings; Record Industry; Stereodisk LLC; and United Record Pressing. These players have widely engaged in various market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Vinyl Records Market by key players

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