Global Vinyl Records Market Growth 2023-2029

Global Vinyl Records Market Growth 2023-2029

A vinyl record (also known as a phonograph record or gramophone record), often simply record, is an analog sound storage medium in the form of a flat disc with an inscribed, modulated spiral groove. The groove usually starts near the periphery and ends near the center of the disc.
LPI (LP Information)' newest research report, the “Vinyl Records Industry Forecast” looks at past sales and reviews total world Vinyl Records sales in 2022, providing a comprehensive analysis by region and market sector of projected Vinyl Records sales for 2023 through 2029. With Vinyl Records sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vinyl Records industry.
This Insight Report provides a comprehensive analysis of the global Vinyl Records landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vinyl Records portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vinyl Records market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vinyl Records and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vinyl Records.
The global Vinyl Records market size is projected to grow from US$ 234.2 million in 2022 to US$ 644.5 million in 2029; it is expected to grow at a CAGR of 644.5 from 2023 to 2029.
Currently, vinyl records market concentration is low. Top 5 player occupied 67.12% market share in 2019. GZ Media, MPO International, United Record Pressing, R.a.n.d.muzik Record Manufacturing and Optimal Media are major players and other companies also play important roles in vinyl records industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Vinyl Records market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Black Vinyl Records
Colored Vinyl Records
Segmentation by application
Private
Commerce
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GZ Media
MPO International
Optimal Media
Record Industry
United Record Pressing
Pallas
Rainbo Records
Quality Record Pressings (Acoustic Sounds)
Analogue Productions (Acoustic Sounds)
R.A.N.D. Muzic Record Manufacturing
Prime Disc (Yong Tong A&V Manufacture)
Independent Record Pressing
StereoDisk
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vinyl Records market?
What factors are driving Vinyl Records market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vinyl Records market opportunities vary by end market size?
How does Vinyl Records break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.