DUBLIN--(BUSINESS WIRE)--The "Vinyl Record Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global vinyl record market reached a value of US$ 1.3 Billion in 2020. Looking forward, the publisher expects the global vinyl record market to exhibit moderate growth during the next five years.
A vinyl record, or phonograph record, refers to an analog sound storage device that consists of a disc manufactured using polyvinyl chloride plastic. The discs can have a metal, resin, cardboard or glass core, and the modulated sound information is inscribed in the surface materials in grooves. The disc is incised on both sides with a single concentric spiral groove, in which a sapphire or diamond needle or stylus is run. Traditionally, these records were used as the primary medium for commercial music production; however, they are now gaining immense traction among the new-generation artists as well.
The market is primarily being driven by rapid urbanization, along with the adoption of omnichannel retailing practices by vendors to increase their consumer base. Music collectors, audiophiles and disc jockeys (DJs) consider vinyl records as a prized possession and are increasingly using them for concerts, shows and music recordings. Furthermore, these records also represent a significant part of pop music history and heritage, which is increasing their demand significantly in the contemporary music scenario. Popular music labels are organizing events to release and offering deluxe or limited-edition albums to promote vinyl records.
Additionally, product manufacturers are integrating various technological advancements in the records to enhance disc capacity, maintain high-definition (HD) audio quality and minimize the overall costs of production. Other factors, such as aggressive promotional activities by celebrities and music personalities, along with increasing expenditure capacities of consumers, are projected to drive the market further.
Companies Mentioned
- GZ Media
- Implant Media Pty Ltd.
- Independent Record Pressing
- MPO International (Aker Solutions)
- Optimal Media (Brand Networks)
- PrimeDisc International Limited
- Quality Record Pressings
- R.a.n.d.muzik Record Manufacturing
- Record Industry
- Pallas Group
- Stereodisk LLC
- United Record Pressing
Key Questions Answered in This Report:
- How has the global vinyl record market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global vinyl record market?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the feature?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the age group?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global vinyl record market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vinyl Record Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 LP/EP Vinyl Records
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Single Vinyl Records
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Feature
7.1 Colored
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Gatefold
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Picture
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Gender
8.1 Men
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Women
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Age Group
9.1 13-17
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 18-25
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 26-35
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 36-50
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Above
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Application
10.1 Private
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Commercial
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Independent Retailers
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Online Stores
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Others
11.4.1 Market Trends
11.4.2 Market Forecast
12 Market Breakup by Region
12.1 North America
12.2 Asia Pacific
12.3 Europe
12.4 Latin America
12.5 Middle East and Africa
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Indicators
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/qtboy5
