32% of growth comes from North America for the vinyl record market | Vinyl LP/EP will be important for revenue generation | Over 17,000 Technavio reports | State

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NEW YORK, December 7, 2021 /PRNewswire/ — The “Vinyl Records Market by Product (LP/EP Vinyl Records and Single Vinyl Records) and Geography (North AmericaAPAC, Europe, South Americaand MEA) – Forecast and Analysis 2021-2025report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years.

The difference in potential growth of the vinyl record market between 2020 and 2025 is $563.97 million. To get the exact annual growth variance and annual growth rate, Talk to our analyst.

The Vinyl Records Market report is segmented by Product (LP/EP vinyl records and single vinyl records) and Geography (North AmericaAPAC, Europe, South Americaand MEA).

  • Growth in the market share of vinyl records by Segment of LP/EP vinyl records will be important for revenue generation. LP/EP vinyl records are mainly used in album releases. The EP collections are among the band’s most memorable features currently. The rising popularity, along with the promotional activities of EP records, would further propel the demand for vinyl LP/EP records during the forecast period.
  • 32% of market growth will come from North America. The United States is a key market for vinyl records in North America. Market growth in this region will be faster than market growth in MEA and South America.

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

Key Market Dynamics:

  • market engine
  • Market challenges

the aesthetic appeal of vinyl records and promotional events on the rise in developed countries are some of the major market drivers. However, factors such as keeping up with demand is a major challenge for manufacturers which will challenge the growth of the market. The holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage.

Learn more about additional key factors, trends and challenges available with Technavio. Read our FREE sample report now!

Some companies mentioned

The vinyl record market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market.

    • GZ Media AS
    • Implant Media Pty Ltd.
    • Microforum Services Group
    • MPO France
    • Optimal media GmbH
  • To access more supplier profiles with their key offerings available with Technavio, Click here

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Scope of the vinyl records market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 8.41%

Market Growth 2021-2025

$563.97 million

Market structure

Fragmented

Annual growth (%)

6.97

Regional analysis

North America, APAC, Europe, South America and MEA

Successful market contribution

North America at 32%

Main consumer countries

United States, Germany, Japan, United Kingdom and Netherlands

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

GZ Media AS, Implant Media Pty Ltd., Microforum Services Group, MPO France, Optimal media GmbH, Pallas Group, PrimeDisc International Ltd., Quality Record Pressings, Record Industry BV and United Record Pressing

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

  • Summary
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation
  • Customer landscape
  • Geographic landscape
  • Supplier Landscape
  • Vendor analysis
  • appendix

About Us

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Contact

Technavio Research

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UK: +44 203 893 3200

E-mail:media@technavio.comWebsite: www.technavio.com/

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