| Product Code: ETC5402903 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Hong Kong continued to see a high concentration of vinyl record imports, with top exporting countries including South Korea, Japan, Metropolitan France, USA, and the UK. Despite a modest compound annual growth rate (CAGR) of 1.44% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -37.89%. This suggests a potential shift or market adjustment within the industry. Hong Kong`s vinyl record import market remains dynamic and responsive to global trends in music consumption.

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 Hong Kong Vinyl Record Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Vinyl Record Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Vinyl Record Market - Industry Life Cycle |
3.4 Hong Kong Vinyl Record Market - Porter's Five Forces |
3.5 Hong Kong Vinyl Record Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Hong Kong Vinyl Record Market Revenues & Volume Share, By Feature, 2021 & 2031F |
3.7 Hong Kong Vinyl Record Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 Hong Kong Vinyl Record Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.9 Hong Kong Vinyl Record Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Hong Kong Vinyl Record Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Vinyl Record Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of retro and vintage trends |
4.2.2 Increasing demand for physical music formats among younger generations |
4.2.3 Rising interest in collecting rare and limited edition vinyl records |
4.3 Market Restraints |
4.3.1 High production costs leading to higher retail prices |
4.3.2 Limited availability of certain vinyl record titles |
4.3.3 Competition from digital music streaming services |
5 Hong Kong Vinyl Record Market Trends |
6 Hong Kong Vinyl Record Market Segmentations |
6.1 Hong Kong Vinyl Record Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Vinyl Record Market Revenues & Volume, By LP/EP Vinyl Records, 2021-2031F |
6.1.3 Hong Kong Vinyl Record Market Revenues & Volume, By Single Vinyl Records, 2021-2031F |
6.2 Hong Kong Vinyl Record Market, By Feature |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Vinyl Record Market Revenues & Volume, By Colored, 2021-2031F |
6.2.3 Hong Kong Vinyl Record Market Revenues & Volume, By Gatefold, 2021-2031F |
6.2.4 Hong Kong Vinyl Record Market Revenues & Volume, By Picture, 2021-2031F |
6.3 Hong Kong Vinyl Record Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Vinyl Record Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Hong Kong Vinyl Record Market Revenues & Volume, By Women, 2021-2031F |
6.4 Hong Kong Vinyl Record Market, By Age Group |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Vinyl Record Market Revenues & Volume, By 13-17, 2021-2031F |
6.4.3 Hong Kong Vinyl Record Market Revenues & Volume, By 18-25, 2021-2031F |
6.4.4 Hong Kong Vinyl Record Market Revenues & Volume, By 26-35, 2021-2031F |
6.4.5 Hong Kong Vinyl Record Market Revenues & Volume, By 36-50, 2021-2031F |
6.4.6 Hong Kong Vinyl Record Market Revenues & Volume, By Above 50, 2021-2031F |
6.5 Hong Kong Vinyl Record Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Hong Kong Vinyl Record Market Revenues & Volume, By Private, 2021-2031F |
6.5.3 Hong Kong Vinyl Record Market Revenues & Volume, By Commercial, 2021-2031F |
6.6 Hong Kong Vinyl Record Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Hong Kong Vinyl Record Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.3 Hong Kong Vinyl Record Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.6.4 Hong Kong Vinyl Record Market Revenues & Volume, By Online Stores, 2021-2031F |
6.6.5 Hong Kong Vinyl Record Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Vinyl Record Market Import-Export Trade Statistics |
7.1 Hong Kong Vinyl Record Market Export to Major Countries |
7.2 Hong Kong Vinyl Record Market Imports from Major Countries |
8 Hong Kong Vinyl Record Market Key Performance Indicators |
8.1 Number of new vinyl record stores opening in Hong Kong |
8.2 Average selling price of vinyl records in the market |
8.3 Frequency of vinyl record fairs and events in Hong Kong |
9 Hong Kong Vinyl Record Market - Opportunity Assessment |
9.1 Hong Kong Vinyl Record Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Hong Kong Vinyl Record Market Opportunity Assessment, By Feature, 2021 & 2031F |
9.3 Hong Kong Vinyl Record Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 Hong Kong Vinyl Record Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.5 Hong Kong Vinyl Record Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Hong Kong Vinyl Record Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Vinyl Record Market - Competitive Landscape |
10.1 Hong Kong Vinyl Record Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Vinyl Record Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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