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# Vinyl Sales Projected To Grow Exponentially Through 2020
- URL: https://www.hypebot.com/vinyl-sales-projected-to-grow-expodentially-through-2020/
- Published: 2016-09-01T11:26:06.000Z
- Updated: 2016-09-01T11:26:06.000Z
- Description: The global vinyl records market is forecast to grow at a compound annual growth rate of 55.15% during the period 2016-2020, according to a new study by Research and Markets.
- Author: Bruce Houghton
- Tags: Indie Music, Major Labels, Podcasts, Vinyl, Cassettes & Retail, Akron, Alternative rock, Artist, Aspect of music, Gramophone record, independent music, music industry, Ohio, Record shop, Sound recording and reproduction, Super Deluxe, #wp, #wp-post, #Import 2026-01-21 10:22

[![Vinyl](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2180b8f970c-150wi "Vinyl")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d2180b8f970c-popup?ref=hypebot.com)The **global vinyl records market** is forecast to grow at a compound annual **growth rate of 55.15%** during the period 2016-2020, according to a new study by Research and Markets.

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[![Vinyl](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c88e5406970b-150wi "Vinyl")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c88e5406970b-popup?ref=hypebot.com)According a new Research and Markets study, vinyl manufacturers are now focusing on technological advancements to maintain the strong growth, as well as adding capacity to their existing lines. A new HD vinyl record format is expected to hit the market soon.All will help propel a compound annual vinyl growth rate of 55.15% during the period 2016-2020 There is differential pricing across regions. Vinyl in the US is sold at a lower price than in European and Asian countries. Also, due to low availability of stock, consumers in Japan have had to import vinyl records.The full report can be purchased [here](http://www.researchandmarkets.com/research/db6dnz/global%5Fvinyl?ref=hypebot.com).

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