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 Size
Vinyl Records Market Trends
Vinyl Records Market Industry Analysis
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:
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.
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.
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
Subscribe to our “Basic Plan” billed annually at USD 5000, which enables you to download 5 reports and view 100 reports every month.
Luxury Vinyl Tile Floor Covering Market by Type and Geography – Forecast and Analysis 2022-2026: The luxury vinyl tile floor covering market size is expected to increase by USD 13.64 billion from 2021 to 2026. This report extensively covers luxury vinyl tile floors covering market segmentation by type (flexible and rigid) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
Vinyl Ester Market by Application and Geography – Forecast and Analysis 2021-2025: The vinyl ester market size is expected to increase by USD 350.65 million from 2020 to 2025. This report extensively covers vinyl ester market segmentation by application (pipes and tanks, marine, FGD, wind energy, and others) and geography (APAC, North America, Europe, South America, and MEA).
Vinyl Records Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 8.41%
Market growth 2023-2027
USD 663.77 million
YoY growth (%)
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 32%
US, Japan, Germany, France, and UK
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.
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.
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
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market Definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global vinyl records market 2017 – 2021
4.2 Product Segment Analysis 2017 – 2021
4.3 Distribution channel Segment Analysis 2017 – 2021
4.4 Geography Segment Analysis 2017 – 2021
4.5 Country Segment Analysis 2017 – 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 LP/EP vinyl records – Market size and forecast 2022-2027
6.4 Single vinyl records – Market size and forecast 2022-2027
6.5 Market opportunity by Product
7 Market Segmentation by Distribution Channel
7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Online – Market size and forecast 2022-2027
7.4 Offline – Market size and forecast 2022-2027
7.5 Market opportunity by Distribution Channel
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America – Market size and forecast 2022-2027
9.4 APAC – Market size and forecast 2022-2027
9.5 Europe – Market size and forecast 2022-2027
9.6 South America – Market size and forecast 2022-2027
9.7 Middle East and Africa – Market size and forecast 2022-2027
9.8 US – Market size and forecast 2022-2027
9.9 Germany – Market size and forecast 2022-2027
9.10 Japan – Market size and forecast 2022-2027
9.11 France – Market size and forecast 2022-2027
9.12 UK – Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 GZ Media AS
12.4 handle with care manufacturing
12.5 Implant Media Pty Ltd.
12.6 Independent Record Pressing
12.7 Microforum Services Group
12.8 MPO France
12.9 Optimal media GmbH
12.10 Pallas Group
12.11 PrimeDisc International Ltd.
12.12 Quality Record Pressings
12.13 Record Industry BV
12.14 Stereodisk LLC
12.15 Takt Direct GmbH
12.16 United Record Pressing
12.17 Zenith Records
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 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.
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
View original content to download multimedia:https://www.prnewswire.com/news-releases/vinyl-records-market-to-grow-by-usd-663-77-million-leisure-products-industry-is-considered-as-the-parent-market–technavio-301689113.html
Taiwan Semi's expansion to the U.S. is a big deal, but there are ways to profit during construction.
The latest decision from ExxonMobil won't win any popularity contest, but it will make it a champion to its investors. On Thursday, the oil giant…
(Bloomberg) — The offer seemed too good to be true: Up to 200,000 barrels of heavy-sour crude at a $30 discount to the US benchmark. Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s President Accused of Coup After Move to Dissolve CongressWNBA Star Griner Freed in One-for-One Swap for Arms DealerElon Musk’s Bankers Consider Tesla Margin Loans to Cut Risky Twitter DebtWhy Did So Many US Men Quit Working? Social Status May Hold the Key, Study SaysThe
Frigid temperatures are boosting demand for natural gas in parts of Europe, an early test of the continent’s readiness for winter without Russian energy.
General Electric’s healthcare division plans to cut debt, bring down costs and pursue tuck-in acquisitions after its spinoff in early January, finance chief Helmut Zodl said Thursday at an investor event in New York.
Walmart Inc. has rallied from lows in May and June into late November. Prices moved above the 50-day and 200-day moving average lines in late October. The slopes of both the 50-day and the 200-day moving averages turned positive in November and we can see a buy signal from the golden cross — the 50-day line crossed above the 200-day moving average line.
Semiconductors are a key player in the Fourth Industrial Revolution as they are at the heart of so many inventions with potential to dramatically affect the production capabilities in many industries, including computing, healthcare, military systems, transportation, and clean energy. But, as only a handful of countries have the complex knowledge and capital capacity needed to produce them, their limited supply became a geopolitical thorn involving harsh trade wars and security risks. The US is
BYD Co, Ltd (OTC: BYDDF) (OTC: BYDDY), the Chinese EV company backed by Warren Buffett, forged a 500 million ringgit ($113 million) tie-up with Sime Darby Motors Sdn Bhd as it made its electric vehicle debut in Malaysia. Sime Darby will be BYD's exclusive distributor in Malaysia, with the first showroom to open later this month, Bloomberg reports. They plan to have 20 dealerships by next year and 40 by 2024. Also Read: Warren Buffett's Berkshire Hathaway Trim Holdings In This Tesla Competitor Ag
BorgWarner supplies engineered systems and components, primarily for automotive powertrain applications. Let's check out the charts and technical gauges. In this daily bar chart of BWA, below, we can see that prices have traded sideways since March.
A judge recommends three ex-Wells Fargo executives pay a combined $18.5 million in fines over their alleged roles in the mega-bank's fake accounts scandal.
Alibaba Group Holding Limited (NYSE: BABA) co-founder Jack Ma stepped down as the General Association of Zhejiang Entrepreneurs president, a position he has held since 2015. Ma, now 58, continued his post-retirement tour of food-related businesses and farms worldwide, SCMP reports. Nan Cunhui, the chairman of the electric parts maker Chint Group, succeeded Ma as the head of the prestigious guild in his home province, an area in China long-known for private entrepreneurship. Also Read: Alibaba An
(Bloomberg) — Oil headed for a weekly loss of more than 9% after a volatile period of trading as concerns over the economic outlook overshadowed an easing of China’s strict virus curbs and a disruption to US crude flows.Most Read from BloombergTesla's Troubles Are Piling Up While Elon Musk Is Distracted With TwitterPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingElon Musk’s Bankers Consider Tesla Margin Loans to Cut Risky Twitter DebtWNBA Star Griner Freed in One-for-One Swap fo
Invesco Investment Solutions Senior Portfolio Manager Alessio de Longis joins Yahoo Finance Live to discuss the current regulatory environment, bond yields, and overall state of the markets.
Oil settled lower for a fifth straight session on Thursday as traders shrugged off the closure of a major Canada-to-U.S. crude pipeline, focusing instead on concerns that global economic slowdowns would slash fuel demand. Canada's TC Energy said it shut its 622,000 barrel-per-day Keystone pipeline, which is the primary line shipping heavy Canadian crude from Alberta to the U.S. Midwest and Gulf Coast, after a spill into a Kansas creek. Oil prices rose after the company announced the closure, but the rally dissipated as analysts noted that the U.S. Gulf is likely to have enough inventory to handle short-term outages.
Cutting-edge aircraft and next-generation spacecraft maker Northrop Grumman has been ignoring the 2022 bear market and has been trending higher the past 12 months. The On-Balance-Volume (OBV) line shows a positive trend and confirms the price gains. The Moving Average Convergence Divergence (MACD) oscillator has stayed above the zero line for much of the past year.
(Bloomberg) — Anglo American Plc said production across its operations will be lower than expected in the next couple of years, the latest big miner to warn on its ability to hit output goals.Most Read from BloombergTesla's Troubles Are Piling Up While Elon Musk Is Distracted With TwitterPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingElon Musk’s Bankers Consider Tesla Margin Loans to Cut Risky Twitter DebtWNBA Star Griner Freed in One-for-One Swap for Arms DealerPeru’s Presiden
The top-performing tech penny stocks include car data company Otonomo Technologies, quantum computer company IonQ and 3-D printing firm Nano Dimension..
U.S. oil futures settled lower on Thursday, down a fifth straight session, but an oil leak that led to a shutdown of the Keystone Pipeline and talk of a potential buyback of oil to refill U.S. reserves helped to limit price losses. The White House said in October that the Biden administration intends to repurchase oil for the Strategic Petroleum Reserve when prices are at or below $67 to $72. U.S. benchmark WTI crude for January delivery (CLF23) fell 55 cents, or 0.8%, to settle at $71.46 a barrel on the New York Mercantile Exchange on Thursday.
LONDON (Reuters) -Global oil prices have tumbled more than 20% as the threat to production from the G7 Russia price cap has receded allowing traders to refocus on the deteriorating outlook for consumption. Front-month Brent futures prices have slumped to less than $78 per barrel from a recent high over $98 just a month ago on Nov. 4. The collapse of spot prices and spreads is consistent with a cyclical downturn in the oil market and the onset of a business cycle slowdown or recession.
Oil prices were stable on Friday, although both benchmarks headed for a weekly loss on worries over weak economic outlook in China, Europe and the United States weighing on oil demand. Brent crude futures were at $76.20 a barrel, up 5 cent, at 1216 GMT. Brent hit a 2022 low this week.