Vinyl sales are continuing to surge
Young people are the most captive market
The vinyl revolution is continuing apace with US sales of the format hitting 9 million units in the first half of 2015.
According to figures from The Recording Industry Association of America, total sales in 2014 reached 14 million. These new numbers project a rise of nearly 30 per cent in the amount of vinyl sold this year compared to last if sales continue at the same rate.
Research from BPI and Nielsen Soundscan outlining a 38 per cent and 56 per cent growth in the US and UK markets respectively supports this data, reflecting that vinyl sales are at their highest level in over twenty years.
Young people appear to be playing the leading role in the vinyl resurgence. Industry research company MusicWatch has released figures that reveal close to half (47 per cent) of vinyl buyers are under 25.
[Via: The Vinyl Factory]
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