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

Market Overview:

The global vinyl record market size reached 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 report, along with forecasts for growth at the global and regional 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Feature, Gender, Age Group, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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 and United Record Pressing
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

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 

List of Figures

Figure 1: Global: Vinyl Record Market: Major Drivers and Challenges
Figure 2: Global: Vinyl Record Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Vinyl Record Market: Breakup by Product (in %), 2021
Figure 4: Global: Vinyl Record Market: Breakup by Feature (in %), 2021
Figure 5: Global: Vinyl Record Market: Breakup by Gender (in %), 2021
Figure 6: Global: Vinyl Record Market: Breakup by Age Group (in %), 2021
Figure 7: Global: Vinyl Record Market: Breakup by Application (in %), 2021
Figure 8: Global: Vinyl Record Market: Breakup by Distribution Channel (in %), 2021
Figure 9: Global: Vinyl Record Market: Breakup by Region (in %), 2021
Figure 10: Global: Vinyl Record Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 11: Global: Vinyl Record (LP/EP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Vinyl Record (LP/EP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Vinyl Record (Single) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Vinyl Record (Single) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Vinyl Record (Colored) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Vinyl Record (Colored) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Vinyl Record (Gatefold) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Vinyl Record (Gatefold) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Vinyl Record (Picture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Vinyl Record (Picture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Vinyl Record (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Vinyl Record (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Vinyl Record (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Vinyl Record (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Vinyl Record (13-17) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Vinyl Record (13-17) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Vinyl Record (18-25) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Vinyl Record (18-25) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Vinyl Record (26-35) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Vinyl Record (26-35) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Vinyl Record (36-50) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Vinyl Record (36-50) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Vinyl Record (Above 50) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Vinyl Record (Above 50) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Vinyl Record (Private) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Vinyl Record (Private) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Vinyl Record (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Vinyl Record (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Vinyl Record Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2016 & 2021
Figure 40: Global: Vinyl Record Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2022-2027
Figure 41: Global: Vinyl Record Market: Sales through Independent Retailers (in Million US$), 2016 & 2021
Figure 42: Global: Vinyl Record Market Forecast: Sales through Independent Retailers (in Million US$), 2022-2027
Figure 43: Global: Vinyl Record Market: Sales through Online Stores (in Million US$), 2016 & 2021
Figure 44: Global: Vinyl Record Market Forecast: Sales through Online Stores (in Million US$), 2022-2027
Figure 45: Global: Vinyl Record Market: Sales through Other Distribution Channels (in Million US$), 2016 & 2021
Figure 46: Global: Vinyl Record Market Forecast: Sales through Other Distribution Channels (in Million US$), 2022-2027
Figure 47: North America: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United States: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United States: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Canada: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Canada: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia Pacific: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia Pacific: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: China: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: China: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Japan: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Japan: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: India: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: India: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South Korea: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South Korea: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Australia: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Australia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Indonesia: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Indonesia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Latin America: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Latin America: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Brazil: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Brazil: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Mexico: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Mexico: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Middle East and Africa: Vinyl Record Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Middle East and Africa: Vinyl Record Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Global: Vinyl Record Industry: SWOT Analysis
Figure 96: Global: Vinyl Record Industry: Value Chain Analysis
Figure 97: Global: Vinyl Record Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Vinyl Record Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Vinyl Record Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Vinyl Record Market Forecast: Breakup by Feature (in Million US$), 2022-2027
Table 4: Global: Vinyl Record Market Forecast: Breakup by Gender (in Million US$), 2022-2027
Table 5: Global: Vinyl Record Market Forecast: Breakup by Age Group (in Million US$), 2022-2027
Table 6: Global: Vinyl Record Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 7: Global: Vinyl Record Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 8: Global: Vinyl Record Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 9: Global: Vinyl Record Market Structure
Table 10: Global: Vinyl Record Market: Key Players

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Key Questions Answered in This Report

The global vinyl record market was valued at US$ 1.5 Billion in 2021.

We expect the global vinyl record market to exhibit a CAGR of 8.4% during 2022-2027.

The increasing adoption of omnichannel retailing practices for vinyl records, along with their rising
acceptance as a heritage masterpiece by renowned artists, is primarily driving the global vinyl record
market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units for vinyl records.

Based on the product, the global vinyl record market has been bifurcated into LP/EP vinyl records
and single vinyl records. Currently, single vinyl records hold the majority of the total market share.

Based on the feature, the global vinyl record market can be divided into colored, gatefold, and
picture. Among these, colored exhibits a clear dominance in the market.

Based on the gender, the global vinyl record market has been categorized into men and women.
Currently, men account for the majority of the global market share.

Based on the age group, the global vinyl record market can be segregated into 13-17, 18-25, 26-35,
36-50, and above 50. Among these, 26-35 currently holds the largest market share.

Based on the application, the global vinyl record market has been categorized into private and
commercial. Currently, the private sector exhibits a clear dominance in the market.

Based on the distribution channel, the global vinyl record market can be segmented into
supermarkets and hypermarkets, independent retailers, online stores, and others. Among these,
independent retailers account for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global vinyl record market include 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.

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