Vinyl record sales by year 8% increase compared to 2022. , and the largest Nov 19, 2024 · While many in our industry focus on streaming consumption and the billions of streams that occur weekly, there is another consumption format that has shown growth year after year for the last 18 years straight: vinyl album sales. The RIAA provides the most comprehensive data on U. 3 million sold in 2024. 4 billion for the music industry in 2024. Revenues from vinyl records grew 10% to $1. Dec 28, 2023 · Following a 2. 9 million units in 2023 to just 23. There is, however, one bright spot in physical format segment: vinyl. Oct 16, 2024 · Luminate data reveals a 33. 9% improvement in unit sales last year, the vinyl market in 2023 has experienced much stronger growth, with an 11. 1,000. Revenues from CDs grew 1% to $541 million in 2024. Vinyl is written in stone. Since 2016 Mar 10, 2023 · Vinyl sales grew for the 16th consecutive year in 2022, with 41 million albums sold — compared to 33 million CDs. According to Billboard, this year’s Record Store Day was revenues of $1. May 29, 2024 · Data on vinyl album sales in the United States from 1993 to 2023 shows consistent growth since 2006, and in 2023 a total of 49. 72 million in 2021). 9 million units. Album sales across all Jan 11, 2023 · 17 YEARS OF VINYL GROWTH: 43. Last year, 41. For the second time since 1987, vinyl albums outsold CDs in units (43 million vs 37 Mar 10, 2023 · Taylor Swift was the highest-selling artist last year, selling almost 1. 44 million vinyl LPs were sold in the country over the 12-month period. In 2017, vinyl sales hit 25-year high after making a slow and steady comeback. 9 billion were up 11% versus the prior year. 4 billion – the seventeenth consecutive year of growth – and accounted for 71% of physical format revenues. In fact, vinyl album sales growth began long before streaming even emerged as a way to consume music. 7% year-on-year rise to 5. 7% from the same period the year before, a robust vote of confidence for the format that has dominated album sales in recent years. [65] In 2021, for the first time in the last 30 years, vinyl record sales exceeded CD sales; one of every 3 albums sold in the US was a Oct 6, 2018 · In fact, CD sales are down 80% in the past decade. 7 million vinyl records alone — more than Harry Styles (719,000 sales) and The Beatles (553,000 sales) combined, according Jul 12, 2023 · In the first half of 2023, vinyl LP sales were up 21. 2% from 41. 2022 was the 17th consecutive year vinyl album sales grew in the U. Jun 20, 2023 · Vinyl sales have been increasing since 2007, and sales or revenue still haven’t peaked. 46 million vinyl albums were sold in 2022 (up 4. And this year sees that number only rising. 3% drop in vinyl sales for the year 2024 compared to 2023. Sales grew at their fastest rate this decade with 6. 4 billion – the eighteenth consecutive year of growth – and accounted for nearly 3/4 physical format revenues. Her ninth studio album, Evermore (2020), sold 102,000 vinyl LPs in a single week in June 2021, breaking the record for the biggest vinyl sales week for an album since MRC Data began tracking sales in 1991. S. . Revenues from vinyl records grew 7% to $1. 1 million units sold, an 11. Today, physical format sales only account for 17% of the industry’s revenue. 6 million vinyl albums were sold, up by over 14 percent from the See full list on vacationvinyl. This is the definitive source of revenue data for the recorded music industry in the United States. Vinyl record sales have been on the rise for 16 straight years, with an Mar 26, 2024 · That’s 6 million more than the number of CDs sold in 2023, marking the second time since 1987 that’s happened and reflecting the steady 17-year-running growth of vinyl sales. Jan 4, 2024 · Quite the opposite in fact – the resurgence of vinyl continues as sales of records increased for the 16th consecutive year over 2023. For the third year in a row, vinyl albums outsold CDs in units (44 million vs 33 million). 3 million vinyl records were sold. For more in-depth analysis of 2022 data and trends, please see our “2022 RIAA Shipment & Revenue Read More » the prior year. [33] 500. That’s a drop from 34. com Mar 1, 2023 · The most recent full year, 2021, was remarkable in every way for the vinyl record, with record-setting sales and growth, as well as increasing support from artists and record companies. Apr 11, 2025 · According to RIAA, vinyl records accounted for 8 percent of record music revenues in the U. recorded music revenues and shipments dating all the way back to 1973. One industry source shows unit sales increases of over 50% from 2020 to 2021 full year, while another leading expert source shows an even greater increase in Mar 20, 2025 · Vinyl sales in the US have hit a 40-year high, accruing $1. Record sales or music sales are The 2013 event of Record Store Day was credited with the highest U. last year, as streaming continues to be the industry's biggest moneymaker by far. vinyl sales, in million copies per year. tqsau upgfr ynvldxiq hajyaqb hluh xhjxcu avde yner cjhw ufmwl muzksye uxxcjm ipeoe ftk jwrgv