Vinyl Uk Market Size

More than 3 2 million records were sold in 2016 a rise of 53 on the previous year according to the bpi which.

Vinyl uk market size.

Sales of vinyl in 2016 reached a 25 year high as consumers young and old have once again embraced physical formats of music. Demand is highest at christmas because vinyl records are often given as gifts. Vinyl records market is expected to witness steady growth in the near future as in the digital era of music vinyl records provide unparalleled aesthetic appeal. This statistic displays share of album sales going on vinyl albums in the united kingdom uk from 2009 to 2016.

25 8 of vinyl sales in the uk were made in december in 2017. Revenue is a different matter. Rising demand for low maintenance cost efficient and lightweight construction materials in residential construction is likely to drive the market for vinyl floorings over the forecast period. Global vinyl records market is segmented on the basis of product type application and region the vinyl record is a type of gramophone record most popular from the 1950s to the 1990s that was most commonly used for mass produced recordings of music.

Roughly 100 000 more than in 2017. That means that the the true total size of the vinyl market in unit volume new plus used is about 2 5 times what the riaa reports. More than 3 2m lps were sold last year a rise of 53 on last year and. Because used vinyl is.

A total of 4 2 million vinyl albums were sold in the uk over the past year a 1 6 increase over 2017 reports the bbc. With volume sales of 4 1 million units this suggests a market size of around 80 million in value terms demand for vinyl records in the uk is highly seasonal. Vinyl records market is segmented based on product type end use application distribution channel and geography. In 2009 vinyl albums accounted for 0 2 percent of all album sales and this figure.

The global vinyl flooring market size was estimated at usd 25 6 billion in 2018 and is expected to expand at a cagr of 7 4 from 2019 to 2025. In 2019 18 8 million lps were sold in the united states up 14 percent compared to 2018 and more than 20 fold compared to 2006 when the vinyl comeback began.