Rise Of Vinyl Sales

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.

Rise of vinyl sales.

Our favourite albums of 2019. Looking back to 2005 record sales amounted to only 14 million u s. Vinyl revenue grew by 12 8 in. 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.

Sales of vinyl records are on the rise. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. This chart shows the rise in lp sales in the united states. Sales of vinyl in 2016 reached a 25 year high as consumers young and old have once again embraced physical formats of music.

M usic purists and nostalgists alike have reason to rejoice. Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012. More than 3 2m lps were sold last year a rise of 53 on last year and. 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.

According to data released last week by nielsen soundscan more than 9 2 million vinyl records. Vinyl album sales in the united states have grown for the 14th consecutive year. On the other hand cds seem to be losing appeal with january june 2020 revenues dropping 47 6 percent to 129 9 million u s. Vinyl albums now account for one in every 8 albums purchased in the uk across digital and physical formats.

In the uk lp sales have been growing for 12 years reaching 4 3 million in 2019 according to the british phonographic industry. Cd sales the rise and fall of the compact disc by. There s lots of talk of a resurgence of vinyl records but industry sales numbers drastically understate the size of the market because they don t count used vinyl sales. Amid all the talk of music streaming and the renaissance of vinyl the continued plummeting of cd sales hasn t been getting a lot of.

Uk vinyl sales continued to increase in 2019 reports bpi.