Europe - Vinyl Records Market by Product and Distribution Channel - Forecast and Analysis 2024-2028

Published: Jan 2024 Pages: 143 SKU: IRTNTR44810

Europe - Vinyl Records Market 2024-2028

  • The Europe - Vinyl Records Market size is estimated to grow by USD 166.42 million between  2023 and 2028
  • The market is accelerating at a  compound annual growth rate of 9.43%.

The report offers extensive research analysis on the Europe - Vinyl Records Market, with a categorization based on Product, including LP/EP vinyl records and single vinyl records. It further segments the market by Distribution Channel, encompassing offline and online. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD million) for all the mentioned segments. The report covers market trends and analysis and also includes an in-depth analysis of the aesthetic appeal of vinyl records, the innovation in vinyl record manufacturing processes, and the growing demand for online music streaming.

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Europe Vinyl Records Market Major Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the Europe Vinyl Records Market. One of the major companies in the market growth analysis include:

Deepgrooves BV: The company offers vinyl records in different sizes such as 7-inch, 10-inch, 12-inch records.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

CSM Production GmbH, Edel SE and Co. KGaA, Europress Vinyl Srl, FOUR Manufacturing Services GmbH, GZ Media AS, handle with care, Krakatoa Records, Kuroneko Media, media care, MPO France, Pallas Group, Press Play Vinyl, R.A.N.D. MUZIK GbR, Record Industry BV, T mediagroup GmbH, Takt Direct GmbH, The Vinyl Factory Ltd., Vinilificio, and Vinyl De Pari

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, market growth and forecasting it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Europe Vinyl Records Market Size And Market Dynamics

Our market research and growth reports cover the data with 2023 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Europe Vinyl Records Market Drivers

One of the key factors driving the Europe vinyl records market growth is the aesthetic appeal of vinyl records. The digitalization of music has fuelled the sales of digital music players. In addition, the medium of music has evolved in terms of form and content over the years. However, audiophiles and music lovers consider vinyl records to be auratic products.

Therefore, vinyl records are one of the fastest-selling and growing mediums of music in Europe despite the popularity of digital media. Moreover, the listening experience is one of the major reasons for the high demand for vinyl records in Europe. In addition, one of the key features of vinyl records is their ability to represent important events in pop music history and heritage while providing a sense of the cultural background, which is modern and urbane. Hence, such factors are driving the Europe vinyl records market growth during the forecast period.

Significant Europe Vinyl Records Market Trends

A key factor shaping the Europe vinyl records market growth is the innovation in vinyl record manufacturing processes. PVC, which is widely used to create vinyl records, is non-degradable, and its disposal generates landfill issues. In addition, the process of disposing of plastics incurs high labor and equipment costs. Furthermore, owing to the rising focus on recycling by governments and environmental organizations, plastic manufacturers are focusing on adopting alternate solutions to reduce the dumping of plastic in landfills.

Moreover, finished vinyl records may contain toxic additives, such as carbon black and heavy metals, which are added as stabilizing agents to PVC to prevent the degradation of records. In addition, some vintage vinyl records are likely to contain cadmium or lead, which are toxic to humans. Hence, such factors are driving the Europe vinyl records market growth during the forecast period.

Major Europe Vinyl Records Market Challenges

Growing demand for online music streaming is one of the key challenges hindering the Europe vinyl records market growth. The global music industry is shifting from the physical format to online streaming and downloads. In addition, the preference for music downloads and subscriptions has adversely affected the sales of physical formats of music, such as CDs, DVDs, and vinyl records.

Moreover, factors such as mobility and ease of access drive the growth of the online segment. In addition, the availability of good-quality Internet connectivity has improved access to music on cell phones and other electronic devices. In addition, the availability of on-the-go services has also increased the demand for online music streaming. Hence, such factors are hindering the Europe vinyl records market growth during the forecast period.

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Europe Vinyl Records Market Segmentation And Region

By Product Analysis 

The LP/EP vinyl records segment is estimated to witness significant growth during the forecast period. LP segment can be referred to as a phonograph record format, which is characterized by a speed of more than 33 rpm and a 12- or 10-inch diameter. In addition, most of the record labels use LP vinyl as the standard format for vinyl records. The LP/EP vinyl records segment was the largest segment and was valued at USD 242.81 million in 2018. For example, music On vinyl, a vinyl-only record label in the Netherlands, releases LP and 7 vinyl pressings of titles licensed from a wide range of record companies and artists. In addition, the increasing demand for retro music in the region was the major factor driving the growth of the segment in 2023. Furthermore, companies are also offering different colors of LP vinyl of retro music with creative packaging to attract customers in the market. Hence, such factors are fuelling the growth of this segment which in turn drives the Europe vinyl records market growth during the forecast period.

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By Distribution Channel Analysis

Based on the distribution channel, the market has been segmented into offline and online. The offline?segment will account for the largest share of this segment. 

Europe Vinyl Records Market Scope

Report Coverage

Details

Page number

120

Base year

2023

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.43%

Market Growth 2024-2028

USD 166.42 million

Market structure

Fragmented

YoY growth (%)

7.52

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

CSM Production GmbH, Deepgrooves BV, Edel SE and Co. KGaA, Europress Vinyl Srl, FOUR Manufacturing Services GmbH, GZ Media AS, handle with care, Krakatoa Records, Kuroneko Media, media care, MPO France, Pallas Group, Press Play Vinyl, R.A.N.D. MUZIK GbR, Record Industry BV, T mediagroup GmbH, Takt Direct GmbH, The Vinyl Factory Ltd., Vinilificio, and Vinyl De Pari

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Europe Vinyl Records Market In Regional Market Research Report?

  • CAGR of the market during the forecast period 2024-2028
  • Detailed information on factors that will drive Europe vinyl records market growth during the next five years
  • Precise estimation of the Europe vinyl records market  size and its contribution to the parent market
  • Accurate market forecast on upcoming market growth and trends and changes in consumer behavior
  • The growth of the vinyl records market across Europe
  • A thorough market analysis and report of the market’s competitive landscape and detailed information on companies
  • Comprehensive details of factors that will challenge the growth of the Europe vinyl records market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Europe: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)

    4 Historic Market Size

    • 4.1 Vinyl records market In Europe 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on vinyl records market in Europe 2018 - 2022 ($ million)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.3 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 25: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 26: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 27: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 29: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 30: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 31: Chart on Comparison by Product
      • Exhibit 32: Data Table on Comparison by Product
    • 6.3 LP/EP vinyl records - Market size and forecast 2023-2028
      • Exhibit 33: Chart on LP/EP vinyl records - Market size and forecast 2023-2028 ($ million)
      • Exhibit 34: Data Table on LP/EP vinyl records - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Chart on LP/EP vinyl records - Year-over-year growth 2023-2028 (%)
      • Exhibit 36: Data Table on LP/EP vinyl records - Year-over-year growth 2023-2028 (%)
    • 6.4 Single vinyl records - Market size and forecast 2023-2028
      • Exhibit 37: Chart on Single vinyl records - Market size and forecast 2023-2028 ($ million)
      • Exhibit 38: Data Table on Single vinyl records - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Chart on Single vinyl records - Year-over-year growth 2023-2028 (%)
      • Exhibit 40: Data Table on Single vinyl records - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 41: Market opportunity by Product ($ million)
      • Exhibit 42: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 43: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 44: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 45: Chart on Comparison by Distribution Channel
      • Exhibit 46: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2023-2028
      • Exhibit 47: Chart on Offline - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Chart on Offline - Year-over-year growth 2023-2028 (%)
      • Exhibit 50: Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • 7.4 Online - Market size and forecast 2023-2028
      • Exhibit 51: Chart on Online - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Data Table on Online - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Chart on Online - Year-over-year growth 2023-2028 (%)
      • Exhibit 54: Data Table on Online - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 55: Market opportunity by Distribution Channel ($ million)
      • Exhibit 56: Data Table on Market opportunity by Distribution Channel ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 58: Chart on Market share by geography - 2023-2028 (%)
      • Exhibit 59: Data Table on Market share by geography - 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 60: Chart on Geographic comparison
      • Exhibit 61: Data Table on Geographic comparison
    • 9.3 Germany - Market size and forecast 2023-2028
      • Exhibit 62: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 63: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 64: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 65: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.4 UK - Market size and forecast 2023-2028
      • Exhibit 66: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 67: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 69: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.5 France - Market size and forecast 2023-2028
      • Exhibit 70: Chart on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 71: Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 73: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.6 Italy - Market size and forecast 2023-2028
      • Exhibit 74: Chart on Italy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 75: Data Table on Italy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Chart on Italy - Year-over-year growth 2023-2028 (%)
      • Exhibit 77: Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • 9.7 Rest of Europe - Market size and forecast 2023-2028
      • Exhibit 78: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 79: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 81: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
    • 9.8 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)
      • Exhibit 83: Data Table on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 84: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 85: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 86: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 87: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 88: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 89: Matrix on vendor position and classification
            • 12.3 Deepgrooves BV
              • Exhibit 90: Deepgrooves BV - Overview
              • Exhibit 91: Deepgrooves BV - Product / Service
              • Exhibit 92: Deepgrooves BV - Key offerings
            • 12.4 Edel SE and Co. KGaA
              • Exhibit 93: Edel SE and Co. KGaA - Overview
              • Exhibit 94: Edel SE and Co. KGaA - Product / Service
              • Exhibit 95: Edel SE and Co. KGaA - Key offerings
            • 12.5 Europress Vinyl Srl
              • Exhibit 96: Europress Vinyl Srl - Overview
              • Exhibit 97: Europress Vinyl Srl - Product / Service
              • Exhibit 98: Europress Vinyl Srl - Key offerings
            • 12.6 GZ Media AS
              • Exhibit 99: GZ Media AS - Overview
              • Exhibit 100: GZ Media AS - Product / Service
              • Exhibit 101: GZ Media AS - Key offerings
            • 12.7 handle with care
              • Exhibit 102: handle with care - Overview
              • Exhibit 103: handle with care - Product / Service
              • Exhibit 104: handle with care - Key offerings
            • 12.8 Krakatoa Records
              • Exhibit 105: Krakatoa Records - Overview
              • Exhibit 106: Krakatoa Records - Product / Service
              • Exhibit 107: Krakatoa Records - Key offerings
            • 12.9 Kuroneko Media
              • Exhibit 108: Kuroneko Media - Overview
              • Exhibit 109: Kuroneko Media - Product / Service
              • Exhibit 110: Kuroneko Media - Key offerings
            • 12.10 MPO France
              • Exhibit 111: MPO France - Overview
              • Exhibit 112: MPO France - Product / Service
              • Exhibit 113: MPO France - Key offerings
            • 12.11 Pallas Group
              • Exhibit 114: Pallas Group - Overview
              • Exhibit 115: Pallas Group - Product / Service
              • Exhibit 116: Pallas Group - Key offerings
            • 12.12 Press Play Vinyl
              • Exhibit 117: Press Play Vinyl - Overview
              • Exhibit 118: Press Play Vinyl - Product / Service
              • Exhibit 119: Press Play Vinyl - Key offerings
            • 12.13 R.A.N.D. MUZIK GbR
              • Exhibit 120: R.A.N.D. MUZIK GbR - Overview
              • Exhibit 121: R.A.N.D. MUZIK GbR - Product / Service
              • Exhibit 122: R.A.N.D. MUZIK GbR - Key offerings
            • 12.14 Record Industry BV
              • Exhibit 123: Record Industry BV - Overview
              • Exhibit 124: Record Industry BV - Product / Service
              • Exhibit 125: Record Industry BV - Key offerings
            • 12.15 T mediagroup GmbH
              • Exhibit 126: T mediagroup GmbH - Overview
              • Exhibit 127: T mediagroup GmbH - Product / Service
              • Exhibit 128: T mediagroup GmbH - Key offerings
            • 12.16 Takt Direct GmbH
              • Exhibit 129: Takt Direct GmbH - Overview
              • Exhibit 130: Takt Direct GmbH - Product / Service
              • Exhibit 131: Takt Direct GmbH - Key offerings
            • 12.17 The Vinyl Factory Ltd.
              • Exhibit 132: The Vinyl Factory Ltd. - Overview
              • Exhibit 133: The Vinyl Factory Ltd. - Product / Service
              • Exhibit 134: The Vinyl Factory Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 135: Inclusions checklist
                • Exhibit 136: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 137: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 138: Research methodology
                • Exhibit 139: Validation techniques employed for market sizing
                • Exhibit 140: Information sources
              • 13.5 List of abbreviations
                • Exhibit 141: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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