NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The global vinyl records market has been categorized as a part of the global leisure products industry within the global household durables market. The global leisure products market covers various categories, including vinyl records, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games.
The vinyl records market size is expected to grow by USD 663.77 million between 2022 and 2027. In addition, the growth momentum of the market will accelerate at a CAGR of 8.41% during the forecast period, according to Technavio.
The report offers an up-to-date analysis regarding the overall market environment, the current market scenario, and the latest trends and drivers. Request Latest FREE PDF Sample Report
Vinyl records market 2023-2027: Scope
The vinyl records market covers the following areas:
Vinyl records market 2023-2027: Vendor Landscape
The global vinyl records market structure is fragmented. The competition in the market is intense due to the presence of several vendors that offer vinyl records. Vendors focus on innovations to maintain their market presence. Vendors operating in this market usually have long-term contracts with customers. Vendors are also adopting omnichannel retailing to increase their customer base.
Some key vendors in the market are GZ Media AS, Implant Media Pty Ltd., MPO Group, optimal media GmbH, and PrimeDisc International Ltd. Other vendors in the market are R.A.N.D MUZIK, Rainbo Records, Record Industry, Schallplattenfabrik Pallas GmbH, and United Record Pressing.
This report provides a full list of key vendors, their strategies, and the latest developments. Buy Full Report
Vinyl records market 2023-2027: Segmentation
Vinyl Records Market is segmented as below:
- Product
- LP/EP Vinyl Records
- Single Vinyl Records
The market size growth by the LP/EP vinyl records segment will be significant during the forecast period. Most record labels use LP vinyl as the standard format for vinyl records. The increasing demand for retro music is the major factor driving the growth of the segment in 2020. Vendors are also offering different colors in LP vinyl records for retro music with creative packaging to attract customers in the market. The rising popularity and promotional activities of EP records would further propel the demand for LP/EP vinyl records during the forecast period.
- Geographic Landscape
- North America
- APAC
- Europe
- MEA
- South America
North America is projected to contribute 32% of market growth by 2027. The US is the major revenue contributor to the vinyl records market in the region. The high spending capacity of the population drives the growth of the music market in the US. The high GDP per capita indicates the high spending capacity of the population, which allows them to spend on vinyl records. This is likely to increase the revenue generated by the music market in the country. Vinyl record sales in the US are witnessing continuous growth every year, which can positively influence the market's growth momentum in the region during the forecast period.
- Distribution channel
- Online
- Offline
To gain further insights on the market contribution of various segments, Request a PDF Sample
Vinyl records market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will drive vinyl records market growth during the next five years
- Precise estimation of the vinyl records market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the vinyl records market industry across
- A thorough analysis of the market's competitive landscape
- Comprehensive details of factors that will challenge the growth of the vinyl records market
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Vinyl Records Market Scope |
|
Report Coverage |
Details |
Page number |
155 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.41% |
Market growth 2023-2027 |
USD 663.77 million |
Market structure |
Fragmented |
YoY growth (%) |
6.97 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 32% |
Key countries |
US, Japan, Germany, France, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Austep Music, Erika Records Inc., GZ Media AS, handle with care manufacturing, Implant Media Pty Ltd., Independent Record Pressing, Microforum Services Group, MPO France, Optimal media GmbH, Pallas Group, PrimeDisc International Ltd., Quality Record Pressings, R.A.N.D. MUZIK GbR, Record Industry BV. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market Definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global vinyl records market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global vinyl records market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Distribution channel Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market size 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market size 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 LP/EP vinyl records - Market size and forecast 2022-2027
- Exhibit 34: Chart on LP/EP vinyl records - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on LP/EP vinyl records - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on LP/EP vinyl records - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on LP/EP vinyl records - Year-over-year growth 2022-2027 (%)
- 6.4 Single vinyl records - Market size and forecast 2022-2027
- Exhibit 38: Chart on Single vinyl records - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Single vinyl records - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Single vinyl records - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Single vinyl records - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 43: Chart on Distribution Channel - Market size 2022-2027 (%)
- Exhibit 44: Data Table on Distribution Channel - Market size 2022-2027 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 45: Chart on Comparison by Distribution Channel
- Exhibit 46: Data Table on Comparison by Distribution Channel
- 7.3 Online - Market size and forecast 2022-2027
- Exhibit 47: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 7.4 Offline - Market size and forecast 2022-2027
- Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 55: Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 57: Chart on Market size by geography 2022-2027 (%)
- Exhibit 58: Data Table on Market size by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 France - Market size and forecast 2022-2027
- Exhibit 93: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 101: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 102: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 104: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 105: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 106: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 107: Matrix on vendor position and classification
- 12.3 GZ Media AS
- Exhibit 108: GZ Media AS - Overview
- Exhibit 109: GZ Media AS - Product / Service
- Exhibit 110: GZ Media AS - Key offerings
- 12.4 handle with care manufacturing
- Exhibit 111: handle with care manufacturing - Overview
- Exhibit 112: handle with care manufacturing - Product / Service
- Exhibit 113: handle with care manufacturing - Key offerings
- 12.5 Implant Media Pty Ltd.
- Exhibit 114: Implant Media Pty Ltd. - Overview
- Exhibit 115: Implant Media Pty Ltd. - Product / Service
- Exhibit 116: Implant Media Pty Ltd. - Key offerings
- 12.6 Independent Record Pressing
- Exhibit 117: Independent Record Pressing - Overview
- Exhibit 118: Independent Record Pressing - Product / Service
- Exhibit 119: Independent Record Pressing - Key offerings
- 12.7 Microforum Services Group
- Exhibit 120: Microforum Services Group - Overview
- Exhibit 121: Microforum Services Group - Product / Service
- Exhibit 122: Microforum Services Group - Key offerings
- 12.8 MPO France
- Exhibit 123: MPO France - Overview
- Exhibit 124: MPO France - Product / Service
- Exhibit 125: MPO France - Key offerings
- 12.9 Optimal media GmbH
- Exhibit 126: Optimal media GmbH - Overview
- Exhibit 127: Optimal media GmbH - Product / Service
- Exhibit 128: Optimal media GmbH - Key offerings
- 12.10 Pallas Group
- Exhibit 129: Pallas Group - Overview
- Exhibit 130: Pallas Group - Product / Service
- Exhibit 131: Pallas Group - Key offerings
- 12.11 PrimeDisc International Ltd.
- Exhibit 132: PrimeDisc International Ltd. - Overview
- Exhibit 133: PrimeDisc International Ltd. - Product / Service
- Exhibit 134: PrimeDisc International Ltd. - Key offerings
- 12.12 Quality Record Pressings
- Exhibit 135: Quality Record Pressings - Overview
- Exhibit 136: Quality Record Pressings - Product / Service
- Exhibit 137: Quality Record Pressings - Key offerings
- 12.13 Record Industry BV
- Exhibit 138: Record Industry BV - Overview
- Exhibit 139: Record Industry BV - Product / Service
- Exhibit 140: Record Industry BV - Key offerings
- 12.14 Stereodisk LLC
- Exhibit 141: Stereodisk LLC - Overview
- Exhibit 142: Stereodisk LLC - Product / Service
- Exhibit 143: Stereodisk LLC - Key offerings
- 12.15 Takt Direct GmbH
- Exhibit 144: Takt Direct GmbH - Overview
- Exhibit 145: Takt Direct GmbH - Product / Service
- Exhibit 146: Takt Direct GmbH - Key offerings
- 12.16 United Record Pressing
- Exhibit 147: United Record Pressing - Overview
- Exhibit 148: United Record Pressing - Product / Service
- Exhibit 149: United Record Pressing - Key offerings
- 12.17 Zenith Records
- Exhibit 150: Zenith Records - Overview
- Exhibit 151: Zenith Records - Product / Service
- Exhibit 152: Zenith Records - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 153: Inclusions checklist
- Exhibit 154: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 155: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 156: Research methodology
- Exhibit 157: Validation techniques employed for market sizing
- Exhibit 158: Information sources
- 13.5 List of abbreviations
- Exhibit 159: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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