Chris Willman Senior Music Writer and Chief Music Critic The vinyl boom is not going bust anytime soon. In the first half of 2023, vinyl LP sales were up 21.7% from the same period the year before, a robust vote of confidence for the format that has dominated album sales in recent years.
That’s one of the findings in Luminate’s Midyear Music Report, being released by the leading data company today. That the vinyl format would be experiencing some kind of growth is not a surprise in and of itself is not a surprise.
After all, 2022 marked the 17th consecutive year that vinyl saw a rise, so it was perhaps inevitable that 2023 would keep the streak going.
Yet the whopping growth rate over the last six months is reassuring after, last year at this time, Luminate’s study showed the format had then only risen by 1%, leading some to believe the market had found its natural plateau after explosive bursts of quarantine buying that caused a 108% increase in 2021.
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