Market Forecast By Product (LP/EP Vinyl Records, Single Vinyl Records), By Feature (Colored, Gatefold, Picture), By Gender (Men, Women), By Age Group (13-17, 18-25, 26-35, 36-50, Above 50), By Application (Private, Commercial), By Distribution Channel (Supermarkets and Hypermarkets, Independent Retailers, Online Stores, Others) And Competitive Landscape
Product Code: ETC430820 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
According to 6Wresearch internal database and industry insights, the India Vinyl Record Market is projected to reach at a CAGR of 8.5% from 2025 to 2031. This growth is fueled by rising demand for premium and retro music experiences, as well as the expansion of niche music communities and record-pressing facilities within the region.
Report Name | India Vinyl Record Market |
Forecast period | 2025-2031 |
CAGR | 8.5% |
Growing Sector | Entertainment/Music |
The India Vinyl Record Market report thoroughly covers the market by products, Feature, Age Group, Gender, Distribution Channel and application. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The vinyl record market in India is experiencing a surge, underpinned by the rising appeal of authentic sound quality, coupled with nostalgia is another major driver. The demand for vinyl records has been growing, especially as classic albums are being reissued, driven by enthusiasts across diverse age groups have been observed. Major metropolitan areas like Mumbai, Delhi, and Bengaluru serve as key hubs for vinyl sales and events, fostering a vibrant community of collectors and music lovers.
The India Vinyl Record Market is anticipated to grow at a CAGR of 8.5% during the forecast period 2025-2031. The resurgence of vinyl records in India is heavily driven by a combination of nostalgia and a desire for high-quality audio experiences. The tangible aspect of owning a physical music record, combined with its iconic album art, resonates strongly with both older generations and younger music enthusiasts seeking a more personal connection to music. Furthermore, the growing influence of global music culture and the expansion of independent music labels in India have contributed to the popularity of vinyl. Events such as music festivals and pop-up markets also play a vital role in promoting vinyl culture, attracting diverse audiences.
Beside the growth prospects, the industry still faces hurdles. One of which is the price sensitivity of many consumers, given that vinyl records and turntables can be very costly. The limited access to records, especially when it comes to niche music or regional music, also limits expansion efforts. The growth of manufacturing the product or maintaining an infrastructure to manufacture vinyl records is also lacking in India, and therefore the country usually resorts to imports, which increases prices and delivery times. Hence, addressing these challenges are crucial to sustain the India Vinyl Record Market growth in the future.
The vinyl record sector in India is rapidly growing, fueled by the rise of nostalgia and retro music experiences, especially from the millennial and Gen Z demographics. Consumers are positively valuing the aesthetic and physical attributes of vinyl and are beginning to classify vinyl records as collectible pieces. Additionally, the market is seeing a slow trend toward locally produced music intended for vinyl which primarily targets niche audiences. Similarly, record stores and retail shops in urban areas have been critical in extending the format and the community among enthusiasts.
Several investment opportunities within India´s growing vinyl record market. A key investment opportunity is to establish local production units to improve supply chain efficiency and reduce costs and improve adoption of records. Additional opportunities exist within digital tools to support vinyl listeners, including curated sales, lists or platforms, and community products and engagement. Supporting local artist or producers to produce vinyl editions of new music also has the potential to grow the vinyl record market and diversify the audience. Furthermore, establishing collaborations with event organizers to promote vinyl-related experiences, such as listening sessions or record fairs, presents another lucrative avenue for investment.
One of the most prominent names in the India vinyl record market is The Revolver Club, known for its wide range of records and turntables catering to both beginners and audiophiles. Another key player is Virgin Records, which has been pivotal in re-introducing classic titles and fostering a renewed interest in the format. Additionally, Saregama, a well-established name in Indian music history, has tapped into the vinyl revival by re-releasing timeless classics.
According to Indian government data, the vinyl record industry operates within a framework of cultural policies and intellectual property rights that ensure the protection of music content. Copyright enforcement regulations are essential for supporting both artists and record producers in a viable market. Additionally, environmental regulations focusing on the production process ensure that the manufacturing of vinyl records adheres to sustainability and waste management norms. Consequently, these regulations not only shape the dynamics of the vinyl record market but also encourage ethical practices and compliance within the industry.
The India vinyl record industry will maintain steady growth as nostalgia for analog music is gaining a foothold among music fans and collectors. With greater accessibility online and via curated subscription services, younger consumers can be attracted. As independent music scenes develop, chances are the collaborations between local artists and record labels will strengthen the market. The production of records using sustainable manufacturing practices or materials may affect consumer choices, especially with growing interests in green or sustainable consumption.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ashutosh, Senior Research Analyst at 6Wresearch, LP/EP vinyl records hold the significant India Vinyl Record Market share. Their popularity stems from the extensive playtime and superior sound quality they offer, making them a favorite among both audiophiles and casual listeners.
Colored vinyl records dominate the market due to their aesthetic appeal and visual artistry, which resonate particularly with younger consumers. Gatefold and picture vinyl records also have significant traction, especially among enthusiasts who value design and collectability alongside music.
Private use is the driving factor in the India vinyl record market, as most consumers purchase records for personal enjoyment and to build or enhance their collections. Commercial applications, including cafes, bars, and event venues, represent a smaller yet important segment where vinyl adds a unique retro charm.
The Market report covers a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Vinyl Record Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vinyl Record Market Revenues & Volume, 2021 & 2031F |
3.3 India Vinyl Record Market - Industry Life Cycle |
3.4 India Vinyl Record Market - Porter's Five Forces |
3.5 India Vinyl Record Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Vinyl Record Market Revenues & Volume Share, By Feature, 2021 & 2031F |
3.7 India Vinyl Record Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.8 India Vinyl Record Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.9 India Vinyl Record Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 India Vinyl Record Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Vinyl Record Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Vinyl Record Market Trends |
6 India Vinyl Record Market, By Types |
6.1 India Vinyl Record Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Vinyl Record Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Vinyl Record Market Revenues & Volume, By LP/EP Vinyl Records, 2021-2031F |
6.1.4 India Vinyl Record Market Revenues & Volume, By Single Vinyl Records, 2021-2031F |
6.2 India Vinyl Record Market, By Feature |
6.2.1 Overview and Analysis |
6.2.2 India Vinyl Record Market Revenues & Volume, By Colored, 2021-2031F |
6.2.3 India Vinyl Record Market Revenues & Volume, By Gatefold, 2021-2031F |
6.2.4 India Vinyl Record Market Revenues & Volume, By Picture, 2021-2031F |
6.3 India Vinyl Record Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 India Vinyl Record Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 India Vinyl Record Market Revenues & Volume, By Women, 2021-2031F |
6.4 India Vinyl Record Market, By Age Group |
6.4.1 Overview and Analysis |
6.4.2 India Vinyl Record Market Revenues & Volume, By 13-17, 2021-2031F |
6.4.3 India Vinyl Record Market Revenues & Volume, By 18-25, 2021-2031F |
6.4.4 India Vinyl Record Market Revenues & Volume, By 26-35, 2021-2031F |
6.4.5 India Vinyl Record Market Revenues & Volume, By 36-50, 2021-2031F |
6.4.6 India Vinyl Record Market Revenues & Volume, By Above 50, 2021-2031F |
6.5 India Vinyl Record Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 India Vinyl Record Market Revenues & Volume, By Private, 2021-2031F |
6.5.3 India Vinyl Record Market Revenues & Volume, By Commercial, 2021-2031F |
6.6 India Vinyl Record Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 India Vinyl Record Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.3 India Vinyl Record Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.6.4 India Vinyl Record Market Revenues & Volume, By Online Stores, 2021-2031F |
6.6.5 India Vinyl Record Market Revenues & Volume, By Others, 2021-2031F |
7 India Vinyl Record Market Import-Export Trade Statistics |
7.1 India Vinyl Record Market Export to Major Countries |
7.2 India Vinyl Record Market Imports from Major Countries |
8 India Vinyl Record Market Key Performance Indicators |
9 India Vinyl Record Market - Opportunity Assessment |
9.1 India Vinyl Record Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Vinyl Record Market Opportunity Assessment, By Feature, 2021 & 2031F |
9.3 India Vinyl Record Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.4 India Vinyl Record Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.5 India Vinyl Record Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 India Vinyl Record Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Vinyl Record Market - Competitive Landscape |
10.1 India Vinyl Record Market Revenue Share, By Companies, 2021 |
10.2 India Vinyl Record Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |