Amazon vinyl sales up 745 percent in the past 5 years

As reported by The Verge:  

         

"Here's more fodder for those who argue that a large number of consumers still want physical media: vinyl sales at Amazon are up 745 percent from five years ago, the company said this morning. "Vinyl is the fastest growing music medium on Amazon," the company stated."

 

It's a cool stat but unfortunately vinyls still only compose 2% of the entire market.  

Vinyl LP and digital album sales are up so far this year

As reported by Spin:  

"Digital album sales are up 6.3 percent, which is more or less as expected. They also now comprise 43 percent of overall full-length sales (up from 38 percent at this time last year), which points to the possibility of growth once the CD bottoms out. Awesomely, vinyl LP sales are up 33.5 percent (a fitting number for the format, minus the post-decimal bit), which Nielsen exec David Bakula calls, "an amazing growth story." Dap is due to Jack White and Record Store Day. "

The huge surge in vinyl sales could be a result of the new Daft Punk album, but as reported prior, vinyls are definitely a trend on the rise.

 

Vinyl is not dead among 18-24 year-olds

Link.

A recent survey in the UK revealed that 14% of 18-24 year olds have bought vinyl in the last month. One surprising finding of the study showed that a full 27% of all the respondents are buying them simply to display the cover like artwork as they prefer to listen to the music using a CD. Good for them because this small minority of buyers are doing a big part in helping to keep the physical music business afloat. 

(Source: Music Week)​