Vinyl Sales Increase 2016

More than 3 2 million records were sold in 2016 a rise. Sales of vinyl in 2016 reached a 25 year high as consumers young and old have once again embraced physical formats of music. Sales of vinyl records are on the rise.

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Vinyl sales increase 2016.

Vinyl sales have been steadily increasing in recent years but this increase is a particularly impressive feat for the format after the pandemic caused record shops to close for several months. Vinyl sales smashed industry expectations last year climbing for the eighth time in a row to 2 1 million. While sales have gone up prices have as well. The bpi now estimates that sales will breach 3 million in 2016 possibly 3 5 million.

More than 3 2m lps were sold last year a rise of 53 on last year and. David bowie was the biggest selling artist on vinyl last year vinyl sales topped three million last year the highest uk total in 25 years. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. M usic purists and nostalgists alike have reason to rejoice.

In its shipment and revenue statistics report for 2016 the recording industry association of america noted that shipments of vinyl albums were up 4 to 430 million and comprised 26 of total physical shipments at retail value their highest share since 1985. According to data released last week by nielsen soundscan more than 9 2 million vinyl records.

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