Uploaded on Jul 18, 2024
According to the latest research report by IMARC Group, The global vinyl record market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032. More Info:- https://www.imarcgroup.com/vinyl-record-market
Vinyl Record Market Growth, Demand and Challenges of the Key Industry Players 2024-32
Global Vinyl Record Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing t o t he la t es t repor t by IMARC Group , t i t l ed "V iny l Record Market : G loba l I ndust ry T rends , Share , S ize , Grow th , Opportun i ty and Forecast 2024- 2032, " t he g loba l v i ny l reco rd marke t s i ze reached US$ 1 .8 B i l l i on in 2023 . A v iny l reco rd i s an ana log sound s t o rage dev ice t ha t i s genera l l y used fo r Report s t o r ing mus ic . Th i s r o ta t ing dev ice i s manuf ac t u red f rom po lyv iny l ch lo r ide (PVC) tha t i s p ressed th in w i t h g rooves to p roduce sound. I t i s a p las t i c p la te t ha t Highlight and con ta ins a s ing le con t i nuous groove t ha t p roduces sound when t r acked by a tu rn tab le need le , known as s t y lus . A long w i t h t h i s , i t i s equ ipped w i th a tu rn t ab le , t one a rm, ca r t r idge , p re -ampl i f i e r Description and amp l i f i e r . T rad i t i ona l l y , i t was w ide ly adop ted as the p r imary med ium fo r commerc ia l m us ic c rea t i on . However , i n r ecen t yea rs , i t has ga ined immense t r ac t i on among new-genera t ion m us ica l a r t i s t s as we l l . Request fo r a PDF sample o f th i s repor t : ht tps : / / www. imarcgroup .com/v iny l - r eco rd -marke t / r eques tsamp le Report Description G l ob a l V i ny l Reco rd M arke t T re nds : The g l oba l m a r ke t i s p r im ar i l y d r i ven b y t he i n c r eas ing po pu la r i t y o f p r om o t iona l a c t i v i t ie s o f ex t end ed p lay ( EP) r e co r d s . M or e ove r , t he aes t h e t i c ap pea r ance o f v in y l r eco r ds has l ed t o t he r i s i ng p r o duc t de m an d ac r os s t he g lo be . S inc e t hes e r eco r ds a r e w ide l y adop t ed by au d iop h i l es , co l l ec t o r s a nd d i s c j ock eys ( DJs ) a nd i s t he f a s t es t g r ow ing and se l l i n g m ed iu m o f m us i c , des p i t e t he a ccep t ance o f d ig i t a l m e d ia , t h i s i s c r ea t i n g a pos i t i ve m ar ke t o u t l oo k . A long w i t h t h i s , num er ous l ead ing p la ye r s a r e heav i l y i nv es t i ng i n t h e l au nch in g o f l im i t ed o r de lux e - ed i t i on a l bum s , wh ich i s s i gn i f i can t l y suppo r t i ng t he p r od uc t dem an d on t he g lob a l l eve l . Apa r t f r om t h i s , con t i nua l t echn o log i c a l ad vance m en t s i n t he m anu f a c t u r i n g o f v i ny l r eco r ds i n o r de r t o m a in t a in h igh - de f i n i t i on ( HD ) aud io qua l i t y , im p r ove d is c capa c i t y an d m in im ize t he ove r a l l cos t s o f p r oduc t i on a r e co n t r i b u t i ng t o t h e g r ow t h o f t he m ar ke t . O t he r f a c t o r s , i n c lud ing r ap id u r ba n i za t i o n and t he r i s i ng adop t i on o f agg r ess i v e m ar ke t i n g s t r a t eg ies and p r om o t ion a l c am pa i gns by m u s ic p e r so na l i t i e s , a r e a l s o po s i t i ve ly i n f l u enc ing t he m ar ke t . Look i ng f o rw ard , t h e m arke t i s an t i c i p a t ed t o rea ch a va l ue o f US$ 3 . 4 B i l l i o n by 2032 , exh i b i t i ng a CAG R o f 7 . 1% dur i ng 20 24 - 2 032 . V i ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / v i ny l - recor d - m arke t Breakup by Product: • LP/EP Vinyl Records • Single Vinyl Records Breakup by Feature: Report • Colored • Gatefold Segmentation • Picture Breakup by Gender: • Men • Women Breakup by Age Group: • 13-17 • 18-25 • 26-35 • 36-50 • Above 50 Report Segmentation Breakup by Application: • Private • Commercial Breakup by Distribution Channel: • Supermarkets and Hypermarkets • Independent Retai lers • Online Stores • Others Breakup by Region: • North America Report • Asia-Pacifi c Segmentation • Europe • Latin America • Middle East and Afr ica • GZ Media • Implant Media Pty Ltd. • Independent Record Pressing Competitive • MPO International (Aker Solutions) • Optimal Media (Brand Networks) Landscape • PrimeDisc International Limited with Key • Qual ity Record Pressings Players • R.a.n.d.muzik Record Manufacturing • Record Industry • Pal las Group • Stereodisk LLC • United Record Pressing What was the size of the global vinyl record market in 2023? What is the expected growth rate of the global vinyl record market during 2024-2032? What are the key factors driving the global vinyl record Key market? Questions What has been the impact of COVID-19 on the global vinyl record market? Answered in What is the breakup of the global vinyl record market the Report based on the product? What is the breakup of the global vinyl record market based on the feature? What is the breakup of the global vinyl record market based on the gender? What is the breakup of the global vinyl record market based on the age group? What is the breakup of the global vinyl record market based on the application? What is the breakup of the global vinyl record market based on the distribution channel? Key What are the key regions in the global vinyl record market? Questions Who are the key companies/players in the global vinyl Answered in record market? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l V i n y l R e c o r d M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t 6 . 1 L P / E P V i n y l R e c o r d s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 S i n g l e V i n y l R e c o r d s 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y F e a t u r e 7 . 1 C o l o r e d 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 G a t e f o l d 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 P i c t u r e 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y G e n d e r 8 . 1 M e n 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 W o m e n Table of 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y A g e G r o u p Contents 9 . 1 1 3 - 1 7 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t 9 . 2 1 8 - 2 5 9 . 2 . 1 M a r k e t T r e n d s 9 . 2 . 2 M a r k e t F o r e c a s t 9 . 3 2 6 - 3 5 9 . 3 . 1 M a r k e t T r e n d s 9 . 3 . 2 M a r k e t F o r e c a s t 9 . 4 3 6 - 5 0 9 . 4 . 1 M a r k e t T r e n d s 9 . 4 . 2 M a r k e t F o r e c a s t 9 . 5 A b o v e 5 0 9 . 5 . 1 M a r k e t T r e n d s 9 . 5 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. im a rcg ro u p . co m / v in y l - r eco rd - m a r ke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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