Product Code: ETC430826 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Vinyl records have experienced a resurgence in popularity in Vietnam, mirroring the global trend of vinyl`s revival. Music enthusiasts and collectors in Vietnam are rediscovering the unique charm of vinyl records, appreciating their nostalgic appeal and high-quality sound. Local music stores, as well as international record labels, have capitalized on this trend, offering a wide range of vinyl records to cater to various musical tastes. The Vietnam vinyl record market is expected to continue its growth as vinyl becomes a sought-after medium for music consumption and collection.
The resurgence of vinyl records in Vietnam can be attributed to several factors. One key driver is the nostalgia associated with vinyl records, appealing to older generations who appreciate the analog sound quality and physicality of vinyl. Additionally, vinyl records have gained popularity among younger music enthusiasts who seek a unique, tangible music experience. The market is also driven by the growing interest in collecting vintage and limited-edition records, as well as the availability of turntables and vinyl accessories. Vinyl records are seen as a cultural icon and a symbol of authentic music appreciation in Vietnam.
In the Vietnam vinyl record market, challenges are associated with changing consumer preferences and digital competition. Vinyl records have experienced a resurgence, but their appeal remains niche, and consumer demand can be unpredictable. Moreover, digital music streaming platforms pose stiff competition to physical formats. To thrive, market players must focus on offering unique collectibles, limited editions, and exceptional sound quality to attract vinyl enthusiasts.
The vinyl record market in Vietnam experienced mixed effects from the pandemic. While retail stores faced challenges due to lockdowns and restrictions, online sales of vinyl records saw a surge as more people turned to home entertainment. The market adapted to digital sales channels, and vinyl enthusiasts continued to support the niche market.
In the niche market of vinyl records in Vietnam, Vinyl Vibes is a leading player. They have a dedicated focus on producing high-quality vinyl records and offering a diverse selection of music genres to cater to collectors and audiophiles. Their commitment to preserving the analog sound experience has garnered a strong following. Saigon Vinyl is also significant, known for its dedication to vinyl record production and distribution, contributing to the resurgence of vinyl culture in the country.
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 Vietnam Vinyl Record Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Vinyl Record Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Vinyl Record Market - Industry Life Cycle |
3.4 Vietnam Vinyl Record Market - Porter's Five Forces |
3.5 Vietnam Vinyl Record Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Vietnam Vinyl Record Market Revenues & Volume Share, By Feature, 2021 & 2031F |
3.7 Vietnam Vinyl Record Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 Vietnam Vinyl Record Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.9 Vietnam Vinyl Record Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Vietnam Vinyl Record Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Vinyl Record Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in retro music and nostalgia among consumers |
4.2.2 Increasing disposable income of the population |
4.2.3 Rising popularity of vinyl as a collectible item among enthusiasts |
4.3 Market Restraints |
4.3.1 Limited availability of new vinyl records in the market |
4.3.2 Competition from digital music streaming services |
4.3.3 High costs associated with purchasing vinyl records compared to digital music |
5 Vietnam Vinyl Record Market Trends |
6 Vietnam Vinyl Record Market, By Types |
6.1 Vietnam Vinyl Record Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Vinyl Record Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Vietnam Vinyl Record Market Revenues & Volume, By LP/EP Vinyl Records, 2021-2031F |
6.1.4 Vietnam Vinyl Record Market Revenues & Volume, By Single Vinyl Records, 2021-2031F |
6.2 Vietnam Vinyl Record Market, By Feature |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Vinyl Record Market Revenues & Volume, By Colored, 2021-2031F |
6.2.3 Vietnam Vinyl Record Market Revenues & Volume, By Gatefold, 2021-2031F |
6.2.4 Vietnam Vinyl Record Market Revenues & Volume, By Picture, 2021-2031F |
6.3 Vietnam Vinyl Record Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Vinyl Record Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Vietnam Vinyl Record Market Revenues & Volume, By Women, 2021-2031F |
6.4 Vietnam Vinyl Record Market, By Age Group |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Vinyl Record Market Revenues & Volume, By 13-17, 2021-2031F |
6.4.3 Vietnam Vinyl Record Market Revenues & Volume, By 18-25, 2021-2031F |
6.4.4 Vietnam Vinyl Record Market Revenues & Volume, By 26-35, 2021-2031F |
6.4.5 Vietnam Vinyl Record Market Revenues & Volume, By 36-50, 2021-2031F |
6.4.6 Vietnam Vinyl Record Market Revenues & Volume, By Above 50, 2021-2031F |
6.5 Vietnam Vinyl Record Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Vinyl Record Market Revenues & Volume, By Private, 2021-2031F |
6.5.3 Vietnam Vinyl Record Market Revenues & Volume, By Commercial, 2021-2031F |
6.6 Vietnam Vinyl Record Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Vietnam Vinyl Record Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.3 Vietnam Vinyl Record Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.6.4 Vietnam Vinyl Record Market Revenues & Volume, By Online Stores, 2021-2031F |
6.6.5 Vietnam Vinyl Record Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Vinyl Record Market Import-Export Trade Statistics |
7.1 Vietnam Vinyl Record Market Export to Major Countries |
7.2 Vietnam Vinyl Record Market Imports from Major Countries |
8 Vietnam Vinyl Record Market Key Performance Indicators |
8.1 Number of vinyl record stores opening in Vietnam |
8.2 Frequency of vinyl record fairs or events in the country |
8.3 Growth in the number of vinyl record collectors in Vietnam |
9 Vietnam Vinyl Record Market - Opportunity Assessment |
9.1 Vietnam Vinyl Record Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Vietnam Vinyl Record Market Opportunity Assessment, By Feature, 2021 & 2031F |
9.3 Vietnam Vinyl Record Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 Vietnam Vinyl Record Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.5 Vietnam Vinyl Record Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Vietnam Vinyl Record Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Vinyl Record Market - Competitive Landscape |
10.1 Vietnam Vinyl Record Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Vinyl Record Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |