Market Forecast By Product (LP/EP Vinyl Records, Single Vinyl Records), By Feature (Colored, Gatefold, Picture), By Gender (Men, Women), By Age Group (13-17, 18-25, 26-35, 36-50, Above 50), By Application (Private, Commercial), By Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Online Stores, Others) And Competitive Landscape
Product Code: ETC430831 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Australia Vinyl Record Market report thoroughly covers, by Product, by Feature, by Gender, by Age Group, by Application, and by Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia vinyl record market is witnessing a remarkable resurgence, driven by a growing desire for tangible music formats and the unique auditory experience vinyl offers. This revival is not just a reflection of nostalgia but also indicates a broader trend towards more immersive and tactile forms of entertainment.
According to 6Wresearch, the Australia Vinyl Record Market size is expected to grow at a significant CAGR of 4.1% during the forecast period 2025-2031. Key drivers behind this resurgence include the increasing appreciation for the audio fidelity of vinyl records, which many aficionados claim surpasses digital formats. The tactile experience of handling vinyl, combined with the ritualistic aspect of playing a record, offers a more engaging music experience. Additionally, vinyl albums are prized as collectibles and works of art, appealing to a culture that values tangible connections to music in an era dominated by streaming services. Amid these drivers and challenges, several key trends are shaping the Australian vinyl record market. Limited edition releases, colored vinyl, and special packaging are becoming increasingly popular, offering fans unique and collectible items. The social aspect of vinyl collecting is being embraced through the rise of vinyl listening bars and events, providing communal spaces for music discovery and appreciation. Another growing trend is the emergence of vinyl subscription services and clubs, which cater to both seasoned collectors and newcomers by curating and delivering a selection of records, often featuring exclusive pressings or albums from emerging artists. These trends reflect a vibrant and evolving market that celebrates the enduring appeal of vinyl records as both a musical format and a cultural artifact is estimated to boost the Australia Vinyl Record Market growth.
The Australian vinyl record market is buoyed by a blend of influential domestic and international players. Key entities include legacy brands such as ABC Music and newer, dynamic companies like Vinyl Revival. These businesses cover a spectrum of activities, from production and distribution to retail, each playing a crucial role in satisfying Australia's growing appetite for vinyl records. The presence of international giants like Sony Music and Universal Music Group, with their extensive catalogues and investment in vinyl production, further enriches the market landscape.
In Australia, the vinyl record industry operates within a framework affected by various government regulations concerning manufacturing, import, export, and environmental standards. The production process, particularly, comes under scrutiny due to the use of polyvinyl chloride (PVC), leading to environmental regulation to minimize harm. It's important for industry players to comply with these regulations to sustainably manage the vinyl record lifecycle from production to disposal. Additionally, import taxes and regulations can influence the pricing and availability of international albums, shaping market dynamics.
The Australia vinyl record industry appears set for robust growth, buoyed by a blend of nostalgia, the tactile allure of vinyl, and the premium listening experience it offers. Technological advancements in manufacturing could address environmental concerns and production bottlenecks, potentially lowering costs and making vinyl more accessible. Furthermore, the market's evolution will likely be supported by a vibrant ecosystem of independent artists, specialty labels, and dedicated retail spaces, keeping the vinyl culture thriving.
According to Ravi Bhandari, Research Head, 6Wresearch, LP/EP (long play/extended play) vinyl records have been the dominant segment in the Australia vinyl record market. These records typically contain full-length albums or extended play releases, and they have been experiencing significant growth due to the resurgence of vinyl as a preferred format for music enthusiasts and collectors.
Women make up a significant portion of vinyl record consumers, with some reports suggesting they may even be the majority. This can be attributed to the growing popularity of vinyl records among younger generations and their increasing interest in physical music formats.
The segment of the Australia vinyl record market experiencing the most growth in terms of distribution channels is typically online stores. Online stores offer the convenience of browsing and purchasing vinyl records from the comfort of one's home, which appeals to a wide range of consumers, including those in remote areas or with busy schedules.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Vinyl Record Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Vinyl Record Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Vinyl Record Market - Industry Life Cycle |
3.4 Australia Vinyl Record Market - Porter's Five Forces |
3.5 Australia Vinyl Record Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Vinyl Record Market Revenues & Volume Share, By Feature, 2021 & 2031F |
3.7 Australia Vinyl Record Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 Australia Vinyl Record Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.9 Australia Vinyl Record Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Australia Vinyl Record Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Vinyl Record Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Vinyl Record Market Trends |
6 Australia Vinyl Record Market, By Types |
6.1 Australia Vinyl Record Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Vinyl Record Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Australia Vinyl Record Market Revenues & Volume, By LP/EP Vinyl Records, 2021-2031F |
6.1.4 Australia Vinyl Record Market Revenues & Volume, By Single Vinyl Records, 2021-2031F |
6.2 Australia Vinyl Record Market, By Feature |
6.2.1 Overview and Analysis |
6.2.2 Australia Vinyl Record Market Revenues & Volume, By Colored, 2021-2031F |
6.2.3 Australia Vinyl Record Market Revenues & Volume, By Gatefold, 2021-2031F |
6.2.4 Australia Vinyl Record Market Revenues & Volume, By Picture, 2021-2031F |
6.3 Australia Vinyl Record Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Australia Vinyl Record Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Australia Vinyl Record Market Revenues & Volume, By Women, 2021-2031F |
6.4 Australia Vinyl Record Market, By Age Group |
6.4.1 Overview and Analysis |
6.4.2 Australia Vinyl Record Market Revenues & Volume, By 13-17, 2021-2031F |
6.4.3 Australia Vinyl Record Market Revenues & Volume, By 18-25, 2021-2031F |
6.4.4 Australia Vinyl Record Market Revenues & Volume, By 26-35, 2021-2031F |
6.4.5 Australia Vinyl Record Market Revenues & Volume, By 36-50, 2021-2031F |
6.4.6 Australia Vinyl Record Market Revenues & Volume, By Above 50, 2021-2031F |
6.5 Australia Vinyl Record Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Australia Vinyl Record Market Revenues & Volume, By Private, 2021-2031F |
6.5.3 Australia Vinyl Record Market Revenues & Volume, By Commercial, 2021-2031F |
6.6 Australia Vinyl Record Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Australia Vinyl Record Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.3 Australia Vinyl Record Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.6.4 Australia Vinyl Record Market Revenues & Volume, By Online Stores, 2021-2031F |
6.6.5 Australia Vinyl Record Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Vinyl Record Market Import-Export Trade Statistics |
7.1 Australia Vinyl Record Market Export to Major Countries |
7.2 Australia Vinyl Record Market Imports from Major Countries |
8 Australia Vinyl Record Market Key Performance Indicators |
9 Australia Vinyl Record Market - Opportunity Assessment |
9.1 Australia Vinyl Record Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Vinyl Record Market Opportunity Assessment, By Feature, 2021 & 2031F |
9.3 Australia Vinyl Record Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 Australia Vinyl Record Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.5 Australia Vinyl Record Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Australia Vinyl Record Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Vinyl Record Market - Competitive Landscape |
10.1 Australia Vinyl Record Market Revenue Share, By Companies, 2024 |
10.2 Australia Vinyl Record Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |