ResearchAndMarkets.com's catalog of reports and forecasts has expanded its forecast for the vinyl record market in Europe. According to the forecasters, this market will continue to grow steadily in the coming years. More precisely, the average annual growth in the period from 2021 to 2025 will be about 6%. As a result, over this period, the market will grow by $ 96.68 million.
Growth is allegedly fueled by advertising, but that is not the main driver. Growth is also linked to interest in older recordings and the aesthetic appeal of records, analysts say.
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