Vinyl Sales Increasing

Our favourite albums of 2019.

Vinyl sales increasing.

M usic purists and nostalgists alike have reason to rejoice. The analogue format made of polyvinyl chloride had been the main vehicle for the commercial distribution of pop music from the 1950s until the 1980s and 1990s when they were largely replaced by the compact disc cd. According to data released last week by nielsen soundscan more than 9 2 million vinyl records. Vinyl albums now account for one in every 8 albums purchased in the uk across digital and physical formats.

The revenue generated by vinyl sales in australia is set to bypass cds in 2020. Continuing one of the more surprising comebacks of the digital age vinyl album sales in the united states have grown for the 14th consecutive year. Marking the 12th consecutive year of vinyl sales growth 4 3 million lps were sold in the uk during 2019. The vinyl revival is the renewed interest and increased sales of vinyl records or gramophone records that has been taking place in the western world since about 2007.

Vinyl records earned 224 1 million on 8 6 million units in the first half of 2019 closing in on the 247 9 million on 18 6 million units generated by cd sales. Vinyl revenue grew by 12 8 in. 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 increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012.

A 26 8 per cent increase year on year which pushes vinyl sales. The physical format accounted for one in ever 10 physical music sale over the past four months according to the annual bpi report. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. Sardi said he only saw demand for the medium increasing as music consumers became more entrenched in the digital.

The retailers that do report their new vinyl sales include amazon which accounts for the bulk of online sales and specialized retailers like urban outfitters hastings hot topic and fye which.