Press release
Vinyl Record Market Worth US$ 2.6 Billion by 2027 at CAGR of 8.4% | IMARC Group
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A vinyl record, also known as a gramophone record, refers to rotating disks that are utilized to store music. It is manufactured through various materials, such as resin shellac, aluminum, and polyvinyl chloride (PVC). It is widely available as long play (LP) and single vinyl records in different sizes, materials, speeds, and colors. It is highly collectible and offers an enhanced experience of music to consumers. As a result, it is utilized for individual and commercial purposes across the globe.
Market Trends
At present, the rising utilization of vinyl records in concerts, shows, and music events around the world represents one of the primary factors contributing to the market growth. Besides this, the increasing demand for vinyl records among the masses, as listening to music on vinyl records offers a different experience to consumers, is strengthening the growth of the market. Apart from this, the wide availability of vinyl records through various distribution channels, such as hypermarkets, supermarkets, and online stores, is positively influencing the market. Moreover, technological advancements in vinyl records, such as enhanced disc capacity and high-definition (HD) audio quality, is bolstering the growth of the market. Furthermore, key players are introducing tailor-made art, colored versions, and patterned vinyl records to attract a wide consumer base.
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List of Key Companies Covered in this Market Report:
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
The report has segmented the market on the basis of product, features, gender, age group, application, distribution channel and geography.
Breakup by Product:
LP/EP Vinyl Records
Single Vinyl Records
Breakup by Feature:
Colored
Gatefold
Picture
Breakup by Gender:
Men
Women
Breakup by Age Group:
13-17
18-25
26-35
36-50
Above 50
Breakup by Application:
Private
Commercial
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Independent Retailers
Online Stores
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporation
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