The vinyl industry is currently valued at USD 1.9 billion, as the global vinyl record market reached this size in 2024. Looking ahead, IMARC Group projects the market to grow to USD 3.5 billion by 2033, driven by a compound annual growth rate (CAGR) of 6.8% from 2025 to 2033. This growth reflects the sustained popularity of vinyl records among collectors, audiophiles, and younger generations, fueled by nostalgia, new releases, and the appeal of physical music formats.