Vinyl records are making a huge comeback — and they’re expect to become even more popular during the next 5 years.
More people will buy vinyl albums. In the United States, Americans will spend $54.01 million on vinyl albums this year, according to “The 2013-2018 World Outlook for LP Vinyl Record Albums,” a report from ICON Group International.
By 2018, sales will reach $80.99 million in the U.S., the report said.
U.S. sales of vinyl LPs already had grown from $36.02 million in 2008 to $49.81 million in 2012.
In the United Kingdom, vinyl LP sales are expected to increase from $7.85 million (in U.S. dollars) this year to $10.2 million in 2018.
And in China, $40.55 million this year to $61.89 million in 2018.
Obviously, industry observers are expecting a comeback — a global comeback.
Also see band members of Born Ruffians explain the value of vinyl records and old-school record stores.