The global vinyl record market reached a value of US$ 1.3 Billion in 2020. 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. Looking forward, IMARC Group expects the global vinyl record market to exhibit moderate growth during the next five years.
Breakup by Product:
- LP/EP Vinyl Records
- Single Vinyl Records
Breakup by Feature:
Breakup by Gender:
Breakup by Age Group:
- 13-17
- 18-25
- 26-35
- 36-50
- Above 50
Breakup by Application:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Independent Retailers
- Online Stores
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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
The global vinyl records market size was valued at US$ 1.3 Billion in 2020.
According to the estimates by IMARC Group, the global vinyl records market is expected to exhibit moderate growth during 2021 to 2026.
The increasing adoption of omnichannel retailing practices for vinyl records along with their rising acceptance as heritage masterpiece by renowned artists, represent some of the drivers for the global vinyl records market.
The growing penetration of several technological advancements to enhance disc capacity and maintain high-definition (HD) audio quality of vinyl records, represents one of the key trends in the global vinyl records market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous manufacturing units of vinyl records, thereby hampering the market growth.
On the basis of the product, the market has been bifurcated into LP/EP vinyl records and single vinyl records. Currently, LP/EP vinyl records hold the majority of the total market share.
On the basis of the feature, the market has been divided into colored, gatefold, and picture. Among these, colored represents the largest segment.
On the basis of the application, the market has been classified into private and commercial. Among these, the commercial sector holds the largest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global vinyl records market are 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.
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
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$), 2015-2020
Figure 3: Global: Vinyl Record Market: Breakup by Product (in %), 2020
Figure 4: Global: Vinyl Record Market: Breakup by Feature (in %), 2020
Figure 5: Global: Vinyl Record Market: Breakup by Gender (in %), 2020
Figure 6: Global: Vinyl Record Market: Breakup by Age Group (in %), 2020
Figure 7: Global: Vinyl Record Market: Breakup by Application (in %), 2020
Figure 8: Global: Vinyl Record Market: Breakup by Distribution Channel (in %), 2020
Figure 9: Global: Vinyl Record Market: Breakup by Region (in %), 2020
Figure 10: Global: Vinyl Record Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 11: Global: Vinyl Record (LP/EP) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Vinyl Record (LP/EP) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Vinyl Record (Single) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Vinyl Record (Single) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Vinyl Record (Colored) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Vinyl Record (Colored) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Vinyl Record (Gatefold) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Vinyl Record (Gatefold) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Vinyl Record (Picture) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Vinyl Record (Picture) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Vinyl Record (Men) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Vinyl Record (Men) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Vinyl Record (Women) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Vinyl Record (Women) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Vinyl Record (13-17) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Vinyl Record (13-17) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Vinyl Record (18-25) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Vinyl Record (18-25) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Vinyl Record (26-35) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Vinyl Record (26-35) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Vinyl Record (36-50) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Vinyl Record (36-50) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Vinyl Record (Above 50) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Vinyl Record (Above 50) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Vinyl Record (Private) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Vinyl Record (Private) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Vinyl Record (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Vinyl Record (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Vinyl Record Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2015 & 2020
Figure 40: Global: Vinyl Record Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2021-2026
Figure 41: Global: Vinyl Record Market: Sales through Independent Retailers (in Million US$), 2015 & 2020
Figure 42: Global: Vinyl Record Market Forecast: Sales through Independent Retailers (in Million US$), 2021-2026
Figure 43: Global: Vinyl Record Market: Sales through Online Stores (in Million US$), 2015 & 2020
Figure 44: Global: Vinyl Record Market Forecast: Sales through Online Stores (in Million US$), 2021-2026
Figure 45: Global: Vinyl Record Market: Sales through Other Distribution Channels (in Million US$), 2015 & 2020
Figure 46: Global: Vinyl Record Market Forecast: Sales through Other Distribution Channels (in Million US$), 2021-2026
Figure 47: North America: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: North America: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: United States: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: United States: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Canada: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Canada: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Asia Pacific: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Asia Pacific: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: China: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: China: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Japan: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Japan: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: India: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: India: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: South Korea: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: South Korea: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Australia: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Australia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Indonesia: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Indonesia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Europe: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Europe: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Germany: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Germany: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: France: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: France: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: United Kingdom: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: United Kingdom: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Italy: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Italy: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Spain: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Spain: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Russia: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Russia: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Others: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Latin America: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Latin America: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Brazil: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Brazil: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Mexico: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: Mexico: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 91: Others: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 92: Others: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 93: Middle East and Africa: Vinyl Record Market: Sales Value (in Million US$), 2015 & 2020
Figure 94: Middle East and Africa: Vinyl Record Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: Global: Vinyl Record Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Vinyl Record Market Forecast: Breakup by Feature (in Million US$), 2021-2026
Table 4: Global: Vinyl Record Market Forecast: Breakup by Gender (in Million US$), 2021-2026
Table 5: Global: Vinyl Record Market Forecast: Breakup by Age Group (in Million US$), 2021-2026
Table 6: Global: Vinyl Record Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 7: Global: Vinyl Record Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 8: Global: Vinyl Record Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 9: Global: Vinyl Record Market Structure
Table 10: Global: Vinyl Record Market: Key Players