@alert655
Vinyl sales grew for the 16th consecutive year, surpassing $1 billion in 2023. Record store day events drive 15% of annual sales. Turntable innovation includes Bluetooth connectivity and USB ripping. The secondhand market for rare pressings grows 25% yearly. Climate-controlled storage services expand as collections appreciate. Younger buyers (under 35) now comprise 40% of customers. Major labels rerelease classics on colored vinyl, while indie artists use vinyl for premium packaging. However, production delays (6-9 month waits) and rising costs ($30+ per album) challenge the market's sustainability.
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