Vinyl Vs Cd Sales 2019

Vinyl records on track to outsell cds and prices have risen 490.

Vinyl vs cd sales 2019. Cd sales have fallen 34. The recording industry association of america riaa says vinyl sales in 2019 are on pace to outsell compact discs for the first time since 1986. Vinyl records may be dominating cds but neither technology can keep up with streaming services. However with the upward trend of record sales we estimate that the total sales of cds will be around 500 million and vinyl sales will slightly eclipse it at around 510 million by year s end.

In 2019 americans purchased 73 5 million albums in some physical format be it cd vinyl or even cassette tape which is also enjoying a surge in popularity though a much less pronounced one. Vinyl revenue grew by 12 8 in. And the bigger question is it a big deal. The first half of 2019 saw a 12 9 growth of vinyl sales while cd sales stayed stagnant.

Well looking at the final line graph it appears that vinyl revenue is increasing and cd disc revenue is decreasing. Meanwhile revenues from cd sales have barely moved from their 2018 numbers. Through the first half of the year cds accounted for 247 9 million in music sales to vinyl s 224 1 million but vinyl sales are up 13 percent from a year ago while cd sales are flat. Vinyl revenue grew by 12 8 in the second half of 2018 and 12 9 in the first half of 2019.

Streaming accounted for 80 percent of the entire u s music market in 2019. While cd sales are still in the lead with 247 9 million vinyl sales are projected to rise to the top. In 2019 the mid year gross sales of cds was 248 million and vinyl came in at 224 million. And it looks like vinyl will indeed overtake cd sales sometime in the near future maybe 2019 if the current trends continue.

Sales value of cd albums in australia 2008 2019 wholesale sales volume of cd albums in australia 2008 2018 wholesale sales of dj compact disc players in the u s.