Rise Of Vinyl Sales

In 2019 18 8 million lps were sold in the united.

Rise of vinyl sales.

More than 3 2m lps were sold last year a rise of 53 on last year and. In the uk lp sales have been growing for 12 years reaching 4 3 million in 2019 according to the british phonographic industry. According to data released last week by nielsen soundscan more than 9 2 million vinyl records. Cd sales the rise and fall of the compact disc by.

Sales of vinyl records are on the rise. Vinyl sales increased by 55 8 from 2010 to 2011 and then 131 8 from 2011 to 2012. 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. 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.

Sales of vinyl in 2016 reached a 25 year high as consumers young and old have once again embraced physical formats of music. Vinyl album sales in the united states have grown for the 14th consecutive year. Furthermore there was an 18 5 year over year increase in sales of new vinyl from 2016 to 2017. 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.

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. Uk vinyl sales continued to increase in 2019 reports bpi. Looking back to 2005 record sales amounted to only 14 million u s. M usic purists and nostalgists alike have reason to rejoice.

New data tells us that. Marking the 12th consecutive year of vinyl sales growth 4 3 million lps were sold in the uk during 2019. Our favourite albums of 2019. 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.

Vinyl albums now account for one in every 8 albums purchased in the uk across digital and physical formats.