The global vinyl records market research report forecast 2017 2021 is a valuable source of insightful data for business strategists.
Market supply of vinyl records.
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A vinyl record or phonograph record refers to an analog sound storage device that consists of a disc manufactured using polyvinyl chloride plastic.
As the figure above shows unit sales numbers from ebay and estimates based on discogs data added up to about 6 million.
The research offers an analysis of the geographical landscape of the vinyl records market which is divided into regions such as north america europe asia pacific latin america and the middle east africa.
The global vinyl record market grew at a cagr of around 7 during 2014 2019.
On the basis of product type the vinyl records market can be segmented as long play lp vinyl records singles and extended play ep vinyl records.
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Some vinyl records are mastered with better dynamics do a little digging on the web and you ll quickly encounter many forums debating the proposal that many vinyl releases of certain albums are mastered with more dynamics than their digital or cd counterparts.
London business wire technavio has been monitoring the vinyl records market and it is poised to grow by usd 337 21 mn during 2020 2024 progressing at a cagr of over 7 during the forecast.
The geographical landscape of the market include.
I consider myself to be a bit of an audiophile and although i agree that digital files are overall more precise and higher in quality vinyl records stay more true to the original source track as many of the sound frequencies are lost in.
These online marketplaces also sell several million vinyl records per year.
It includes data about several parameters related to the regional contribution.