Global Vinyl Records Market to Grow at a CAGR of 55.15% During the Period 2016-2020

"The Report Global Vinyl Records Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

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Albany, NY -- (SBWire) -- 08/26/2016 --About Vinyl Records Market

Manufacturers are now focusing on technological advancements to maintain the strong growth. Manufacturers are adding capacity to their existing lines. From the innovation point of view, HD vinyl record format will hit the market soon. There is differential pricing across regions. Vinyl record releases in the US is sold at a lesser rate compared to that in European and Asian countries. Also, due to low availability of stock, consumers in Japan have to import vinyls to update themselves with the latest releases.

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Technavios analysts forecast the Global Vinyl Records Market to grow at a CAGR of 55.15% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global vinyl records market for 2016-2020. To calculate the market size, the report considers the revenue generated from the total global retail sales of albums or music collections sold on vinyl records through retail outlets or online channel.

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The market is divided into the following segments based on product:
Vinyl Single
Vinyl LP/EP

Technavio's report, Global Vinyl Records Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
GZ Media
MPO International
Optimal Media
Record Industry
United Record Pressing

Other prominent vendors
Pallas
Rainbo Records
Quality Record Pressings
R.A.N.D. Muzic Record Manufacturing
Prime Disc
Independent Record Pressing
StereoDisk

Market driver
Culture, classic, and contemporary feel of vinyl records
For a full, detailed list, view our report

Market challenge
Coping with the demand is a major challenge being faced by manufacturers
For a full, detailed list, view our report

Market trend
Changing format sales: From independent to online to subscription basis
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/718309