The India vinyl record market size reached USD 62.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 112.5 Million by 2033, exhibiting a growth rate (CAGR) of 6.80% during 2025-2033. The market is driven by a resurgence of interest among younger generations seeking nostalgic, tangible music experiences, alongside the growing popularity of retro culture. Expansion of specialized retail stores and online marketplaces has increased accessibility, while limited-edition releases and vinyl-focused events further augments the India vinyl record market share, reflecting a blend of cultural and commercial trends.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 62.1 Million |
Market Forecast in 2033 | USD 112.5 Million |
Market Growth Rate 2025-2033 | 6.80% |
Resurgence of Vinyl Records Among Younger Generations
The growing younger generations seeking a unique and nostalgic music experience are creating a positive India vinyl record market outlook. Millennials and Gen Z consumers are increasingly drawn to vinyl records for their analog sound quality, tactile appeal, and aesthetic value. India is witnessing remains of a nostalgic retro culture with Poppins, Phantom cigarettes, and Tazos, among several others, recently making their comeback. Over 35% of millennials in India are willing to pay 15% more for products that provide an emotional recall. The vintage trend is also reflected in the revival of vinyl records, which have come to represent vintage appeal, thanks to both Gen Z and millennials looking to experience retro audio. Bollywood re-releases, OTT series such as The Archies, and a growing interest in analog formats fuel a growing market for vinyl collectors and brands that play into nostalgia. This trend is fueled by the growing popularity of retro culture as well as a desire for physical media in a digital-dominated soundscape. Taking advantage of this opportunity, some independent musicians and record labels are using it to create limited-edition vinyl records, often including unique artwork and collectible packaging. Moreover, the rise of record fairs and vinyl listening events has attracted younger audiences. As a result, there is a steady increase in vinyl sales across all genres of music, international and Indian, pressed onto records. This trend coincides with the larger global movement yet has the unique colors of India due to its musically rich culture and rapidly increasing disposable income of its youngsters.
Expansion of Vinyl Record Retail and Online Marketplaces
The expansion of specialized retail stores and online marketplaces catering to vinyl enthusiasts is majorly driving the India vinyl record market growth. Cities such as Mumbai, Delhi, and Bangalore have seen a rise in dedicated vinyl shops, offering a curated selection of both vintage and new records. These stores often serve as cultural hubs, hosting events and fostering a community of collectors and music lovers. Simultaneously, e-commerce platforms have made vinyl records more accessible to consumers across the country, including those in smaller towns and cities. A research report from the IMARC Group indicates that the e-commerce market in India achieved a size of USD 107.7 Billion in 2024. It is projected to expand to USD 650.4 Billion by 2033, reflecting a compound annual growth rate (CAGR) of 19.70% from 2025 to 2033. Thus, online marketplaces such as Amazon, Flipkart, and niche vinyl websites are stocking a wide range of records, from classic Bollywood soundtracks to contemporary indie albums. This dual growth of physical and online retail channels is making vinyl records more mainstream in India. Furthermore, the ease of international shipping has enabled Indian consumers to access rare and imported records, further enhancing market growth. This trend highlights the increasing commercialization and accessibility of vinyl records in India.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product, feature, gender, age group, application, and distribution channel.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes LP/EP vinyl records and single vinyl records.
Feature Insights:
A detailed breakup and analysis of the market based on the feature have also been provided in the report. This includes colored, gatefold, and picture.
Gender Insights:
The report has provided a detailed breakup and analysis of the market based on the gender. This includes men and women.
Age Group Insights:
A detailed breakup and analysis of the market based on the age group have also been provided in the report. This includes 13-17, 18-25, 26-35, 36-50, and above 50.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes private and commercial.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets and hypermarkets, independent retailers, online stores, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | LP/EP Vinyl Records, Single Vinyl Records |
Features Covered | Colored, Gatefold, Picture |
Genders Covered | Men, Women |
Age Groups Covered | 13-17, 18-25, 26-35, 36-50, Above 50 |
Applications Covered | Private, Commercial |
Distribution Channels Covered | Supermarkets and Hypermarkets, Independent Retailers, Online Stores, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: