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And revenues from vinyl records grew 7% to $1.4 billion in 2024 — the 18th consecutive year of growth. All of which means it should be another busy day at record shops on Saturday.
People who grew up in the post-vinyl world have also contributed to its rebirth in popularity. In 2023, vinyl surpassed CD sales for the first time since the late 1980s.
Left for dead in the 1980s, vinyl records are now the music industry’s most popular and highest-grossing physical format. Getting them manufactured, however, is increasingly a challenge.
Over the past decade, vinyl records have made a major comeback. People purchased (US)$1.2 billion of records in 2022, a 20% jump from the previous year.
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