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Vinyl Records Market size to grow by USD 563.97 million| Technavio

BreadXpress.com • Mar 18, 2022

Vinyl Records Market size to grow by USD 563.97 million| Technavio


According to the research report "Vinyl Records Market by Product and Geography - Forecast and Analysis 2021-2025", the market witnessed a YOY growth of 6.97% in 2021 and a CAGR of 8.41% during the forecast period. The report is segmented by product (LP/EP vinyl records and single vinyl records) and geography (North America, APAC, Europe, South America, and MEA).


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Market Scope


The report covers the following areas:


Vendor Insights 


The vinyl records market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.β€―The report analyzes the market's competitive landscape and offers information on several market vendors, including:


  • GZ Media AS
  • Implant Media Pty Ltd.
  • Microforum Services Group
  • MPO France
  • Optimal media GmbH
  • Pallas Group
  • PrimeDisc International Ltd.
  • Quality Record Pressings
  • Record Industry BV
  • United Record Pressing


Find additional highlights on the growth strategies adopted by vendors and their product offerings. Read Free Sample Report

Geographical Market Analysis 


North America will provide maximum growth opportunities in the vinyl records market during the forecast period. According to our research, the region will contribute to 32% of the global market growth during the forecast period. The US is the major market for vinyl records in North America.


Know more about this market's geographical distribution along with the detailed analysis of the top regions. View Our Report Snapshot 

Key Segment Analysis


The vinyl records market share growth by the LP/EP vinyl records segment will be significant during the forecast period. Rising popularity, as well as promotional activities of EP records, would further propel the demand for LP/EP vinyl records.


View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years. 


Key Market Drivers & Challenges: 


The aesthetic appeal of vinyl records is one of the key factors driving the growth of the vinyl records market. Vinyl records are one of the fastest-selling and growing mediums of music, despite the acceptance of digital media. Such records are preferred by collectors, audiophiles, and DJs.


Coping with the demand is a major challenge being faced by manufacturers. The limited stock of factories compared to the huge number of labels worldwide has created a major challenge for the supply side of vinyl records. A few plants operating across the world that press records have been trying to meet the huge demand, which has resulted in long delays and other production problems. 


Download free sample for highlights on market Drivers & Challenges affecting the vinyl records market. 


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Key Highlights


  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist vinyl records market growth during the next five years
  • Estimation of the vinyl records market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the vinyl records market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of vinyl records market vendors


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Table of Contents


Executive Summary


Market Landscape


  • Market ecosystem
  • Value chain analysis


Market Sizing


  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025


Five Forces Analysis


  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition


Market Segmentation by Product


  • Market segments
  • Comparison by Product
  • LP/EP vinyl records - Market size and forecast 2020-2025
  • Single vinyl records - Market size and forecast 2020-2025
  • Market opportunity by Product


Customer landscape


Geographic Landscape


  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends


Vendor Landscape


  • Vendor landscape
  • Landscape disruption


Vendor Analysis


  • Vendors covered
  • Market positioning of vendors
  • GZ Media AS
  • Implant Media Pty Ltd.
  • Microforum Services Group
  • MPO France
  • Optimal media GmbH
  • Pallas Group
  • PrimeDisc International Ltd.
  • Quality Record Pressings
  • Record Industry BV
  • United Record Pressing


Appendix


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations


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