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Global Vinyl Records Market Research Report 2023 (Status and Outlook)
By Type : Market Segmentation (by Type), Black Vinyl Records, Colored Vinyl Records
By Application : Market Segmentation (by Application), Private, Commerce
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Report Overview:
The global vinyl records market report offers a comprehensive analysis of the market covering key points such as market size, growth rate, drivers, restraints, challenges, and growth opportunities. Key factors such as resurgence of vinyl records for aesthetic appeal, rising demand for vinyl records from Gen X and millennials, and growing demand for retro and vintage music are expected to drive global market growth during the forecast period. The global vinyl records market is expected to reach USD 637.20 million in 2028 and register a robust revenue CAGR of 15.00% during the forecast period.
Vinyl records are a type of analogue sound storage medium, made of polyvinyl chloride (PVC) that was popular in the mid-20th century. These records consist of a flat disc with grooves on both sides, containing analogue audio information. Vinyl records have made a major comeback worldwide over the past few decades, especially among the people who grew up listening to vinyl records due to sentimental attachment and appreciate the tactile experience of handling a physical object for listening to music.
Vinyl records are considered collectible items and are gaining popularity as some people find it thrilling to find rare and limited-edition releases. Other factors such as re-release of new vinyl for classics and important music albums, rising availability of new and reissued vinyl records, rising popularity of vinyl records among DJs, and rising investments for developing different types and sizes of vinyl records are expected to boost the global market growth during the forecast period.
However, high costs of certain vinyl records, limited availability of new vinyl records, and concerns such as restricted playback options and fragility of vinyl records are some key factors that can hamper overall market growth to a certain extent between 2023 and 2028.
Colored Vinyl Records Segment to Register Rapid Revenue CAGR:
The colored vinyl records segment is expected to register rapid revenue CAGR over the forecast period. This can be attributed to increasing demand for colored vinyl records as collectibles, high preference for colored vinyl records due to better visual appeal and aesthetics than black ones, exclusivity, and unique sound qualities, and rising release of colored vinyl records as limited or exclusive edition releases.
Commercial Segment to Account for a Significantly Larger Revenue Share:
The commercial segment is expected to account for a significantly larger revenue share between 2023 and 2028. Factors such as resurgence of vinyl records in the commercial music industry, rising sales of vinyl records of music launched by popular artists and labels through record stores, online retailers, and concerts, and high usage of vinyl records as a promotional item to attract new fans are expected to drive segment revenue growth during the forecast period.
North America to Lead in Terms of Revenue Share:
North America is expected to account for largest revenue share in the global market during the forecast period owing to resurgence of vinyl records for aesthetic appeal, rising popularity of retro trends among millennials and Gen X, high demand for various vinyl records for audiophile appeal, collectability, and nostalgia among older generations, and increasing investments in increasing manufacturing of records.
Vinyl Records Market by Company:
GZ Media
MPO International
Optimal Media
Record Industry
Untied Record Pressing
Pallas
Quality Record Pressing (Acoustic Sounds)
Analogue Productions (Acoustic Sounds)
R.A.N.D Muzik Record Manufacturing
Prime Disc (Yong Tong A&V Manufacture)
Independent Record Pressing
Stereodisk
Vinyl Records Industry Recent Developments:
In March 2023, Metallica, a popular heavy metal band acquired a controlling stake in Furnace Record Pressing, one of America’s largest vinyl pressing companies to meet the massive demand for Metallica vinyl.
In April 2022, Nashville Record Pressing, world’s largest manufacturer of vinyl records is investing $13.3 million on a Nashville production plant.
The global vinyl records market has been segmented based on type, application, and region:
Vinyl Records Market Segment by Type:
Black Vinyl Records
Colored Vinyl Records
Vinyl Records Market Segment by Application:
Private
Commercial
Vinyl Records Market Segment by Region:
North America (USA, Canada, Mexico)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Asia Pacific (China, Japan, South Korea, India, Southeast Aisa, Rest of Asia Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East & Africa (Turkey, Saudi Arabia, U.A.E, South Africa, Rest of MEA)
Key Questions Addressed:
What revenue CAGR is the global market expected to register during the forecast period?
Which key players are leading in the global vinyl records market?
What is the expected market size of the global vinyl records market between 2023 and 2028?
What factors are expected to open new growth avenues and opportunities for existing and emerging market players?
What are some of the key challenges that the global market is expected to face during the forecast period?
Which region is expected to account for the largest revenue share over the forecast period?
Key Reasons to Purchase:
Estimates 2023 to 2028 vinyl records market current market trends and development trends
Market dynamics along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the vinyl records market
Competitive landscape involving market share of the major players, new strategies and projects adopted by players in the last five years
Comprehensive company profiles covering product offerings, key financial information, SWOT analysis and strategies employed by major market players
Brief about impact of COVID-19 on the global vinyl records market
Customization of the Report
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Note: this report may need to undergo a final check or review and this could take about 48 hours.
Chapter Outline:
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Vinyl Records Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
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TABLE OF CONTENTS
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Vinyl Records
1.2 Key Market Segments
1.2.1 Vinyl Records Segment by Type
1.2.2 Vinyl Records Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Vinyl Records Market Overview
2.1 Global Market Overview
2.1.1 Global Vinyl Records Market Size (M USD) Estimates and Forecasts (2017-2028)
2.1.2 Global Vinyl Records Sales Estimates and Forecasts (2017-2028)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Vinyl Records Market Competitive Landscape
3.1 Global Vinyl Records Sales by Manufacturers (2017-2022)
3.2 Global Vinyl Records Revenue Market Share by Manufacturers (2017-2022)
3.3 Vinyl Records Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Vinyl Records Average Price by Manufacturers (2017-2022)
3.5 Manufacturers Vinyl Records Sales Sites, Area Served, Product Type
3.6 Vinyl Records Market Competitive Situation and Trends
3.6.1 Vinyl Records Market Concentration Rate
3.6.2 Global 5 and 10 Largest Vinyl Records Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Vinyl Records Industry Chain Analysis
4.1 Vinyl Records Industry Chain Analysis
4.2 Market Overview and Market Concentration Analysis of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Vinyl Records Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Vinyl Records Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Vinyl Records Sales Market Share by Type (2017-2022)
6.3 Global Vinyl Records Market Size Market Share by Type (2017-2022)
6.4 Global Vinyl Records Price by Type (2017-2022)
7 Vinyl Records Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Vinyl Records Market Sales by Application (2017-2022)
7.3 Global Vinyl Records Market Size (M USD) by Application (2017-2022)
7.4 Global Vinyl Records Sales Growth Rate by Application (2017-2022)
8 Vinyl Records Market Segmentation by Region
8.1 Global Vinyl Records Sales by Region
8.1.1 Global Vinyl Records Sales by Region
8.1.2 Global Vinyl Records Sales Market Share by Region
8.2 North America
8.2.1 North America Vinyl Records Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Vinyl Records Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Vinyl Records Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Vinyl Records Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Vinyl Records Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profiled
9.1 GZ Media
9.1.1 GZ Media Vinyl Records Basic Information
9.1.2 GZ Media Vinyl Records Product Overview
9.1.3 GZ Media Vinyl Records Product Market Performance
9.1.4 GZ Media Business Overview
9.1.5 GZ Media Vinyl Records SWOT Analysis
9.1.6 GZ Media Recent Developments
9.2 MPO International
9.2.1 MPO International Vinyl Records Basic Information
9.2.2 MPO International Vinyl Records Product Overview
9.2.3 MPO International Vinyl Records Product Market Performance
9.2.4 MPO International Business Overview
9.2.5 MPO International Vinyl Records SWOT Analysis
9.2.6 MPO International Recent Developments
9.3 Optimal Media
9.3.1 Optimal Media Vinyl Records Basic Information
9.3.2 Optimal Media Vinyl Records Product Overview
9.3.3 Optimal Media Vinyl Records Product Market Performance
9.3.4 Optimal Media Business Overview
9.3.5 Optimal Media Vinyl Records SWOT Analysis
9.3.6 Optimal Media Recent Developments
9.4 Record Industry
9.4.1 Record Industry Vinyl Records Basic Information
9.4.2 Record Industry Vinyl Records Product Overview
9.4.3 Record Industry Vinyl Records Product Market Performance
9.4.4 Record Industry Business Overview
9.4.5 Record Industry Vinyl Records SWOT Analysis
9.4.6 Record Industry Recent Developments
9.5 United Record Pressing
9.5.1 United Record Pressing Vinyl Records Basic Information
9.5.2 United Record Pressing Vinyl Records Product Overview
9.5.3 United Record Pressing Vinyl Records Product Market Performance
9.5.4 United Record Pressing Business Overview
9.5.5 United Record Pressing Vinyl Records SWOT Analysis
9.5.6 United Record Pressing Recent Developments
9.6 Pallas
9.6.1 Pallas Vinyl Records Basic Information
9.6.2 Pallas Vinyl Records Product Overview
9.6.3 Pallas Vinyl Records Product Market Performance
9.6.4 Pallas Business Overview
9.6.5 Pallas Recent Developments
9.7 Rainbo Records
9.7.1 Rainbo Records Vinyl Records Basic Information
9.7.2 Rainbo Records Vinyl Records Product Overview
9.7.3 Rainbo Records Vinyl Records Product Market Performance
9.7.4 Rainbo Records Business Overview
9.7.5 Rainbo Records Recent Developments
9.8 Quality Record Pressings (Acoustic Sounds)
9.8.1 Quality Record Pressings (Acoustic Sounds) Vinyl Records Basic Information
9.8.2 Quality Record Pressings (Acoustic Sounds) Vinyl Records Product Overview
9.8.3 Quality Record Pressings (Acoustic Sounds) Vinyl Records Product Market Performance
9.8.4 Quality Record Pressings (Acoustic Sounds) Business Overview
9.8.5 Quality Record Pressings (Acoustic Sounds) Recent Developments
9.9 Analogue Productions (Acoustic Sounds)
9.9.1 Analogue Productions (Acoustic Sounds) Vinyl Records Basic Information
9.9.2 Analogue Productions (Acoustic Sounds) Vinyl Records Product Overview
9.9.3 Analogue Productions (Acoustic Sounds) Vinyl Records Product Market Performance
9.9.4 Analogue Productions (Acoustic Sounds) Business Overview
9.9.5 Analogue Productions (Acoustic Sounds) Recent Developments
9.10 R.A.N.D. Muzic Record Manufacturing
9.10.1 R.A.N.D. Muzic Record Manufacturing Vinyl Records Basic Information
9.10.2 R.A.N.D. Muzic Record Manufacturing Vinyl Records Product Overview
9.10.3 R.A.N.D. Muzic Record Manufacturing Vinyl Records Product Market Performance
9.10.4 R.A.N.D. Muzic Record Manufacturing Business Overview
9.10.5 R.A.N.D. Muzic Record Manufacturing Recent Developments
9.11 Prime Disc (Yong Tong A&V Manufacture)
9.11.1 Prime Disc (Yong Tong A&V Manufacture) Vinyl Records Basic Information
9.11.2 Prime Disc (Yong Tong A&V Manufacture) Vinyl Records Product Overview
9.11.3 Prime Disc (Yong Tong A&V Manufacture) Vinyl Records Product Market Performance
9.11.4 Prime Disc (Yong Tong A&V Manufacture) Business Overview
9.11.5 Prime Disc (Yong Tong A&V Manufacture) Recent Developments
9.12 Independent Record Pressing
9.12.1 Independent Record Pressing Vinyl Records Basic Information
9.12.2 Independent Record Pressing Vinyl Records Product Overview
9.12.3 Independent Record Pressing Vinyl Records Product Market Performance
9.12.4 Independent Record Pressing Business Overview
9.12.5 Independent Record Pressing Recent Developments
9.13 StereoDisk
9.13.1 StereoDisk Vinyl Records Basic Information
9.13.2 StereoDisk Vinyl Records Product Overview
9.13.3 StereoDisk Vinyl Records Product Market Performance
9.13.4 StereoDisk Business Overview
9.13.5 StereoDisk Recent Developments
10 Vinyl Records Market Forecast by Region
10.1 Global Vinyl Records Market Size Forecast
10.2 Global Vinyl Records Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Vinyl Records Market Size Forecast by Country
10.2.3 Asia Pacific Vinyl Records Market Size Forecast by Region
10.2.4 South America Vinyl Records Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Vinyl Records by Country
11 Forecast Market by Type and by Application (2023-2028)
11.1 Global Vinyl Records Market Forecast by Type (2023-2028)
11.1.1 Global Forecasted Sales of Vinyl Records by Type (2023-2028)
11.1.2 Global Vinyl Records Market Size Forecast by Type (2023-2028)
11.1.3 Global Forecasted Price of Vinyl Records by Type (2023-2028)
11.2 Global Vinyl Records Market Forecast by Application (2023-2028)
11.2.1 Global Vinyl Records Sales (K Units) Forecast by Application
11.2.2 Global Vinyl Records Market Size (M USD) Forecast by Application (2023-2028)
12 Conclusion and Key Findings
Tables and Figures
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Key Players
•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
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