Forty-three percent of all albums sold in the U.S. in 2022 were vinyl LPs, led by Taylor Swift’s Midnights — but the format’s growth curve is starting to level out.
17 YEARS OF VINYL GROWTH:
43.46 million vinyl albums were sold in 2022 . 2022 was the 17th consecutive year vinyl album sales grew in the U.S., and the largest year for vinyl album sales since Luminate began tracking data in 1991. Plus, vinyl LP sales posted their single-largest sales week of the Luminate era whenVinyl album sales comprised 43.4% of all album purchases in the U.S. in 2022 . Vinyl LPs accounted for 54.4% of all physical albums sold last year .
In 2022 there were a total of 88 albums that sold at least 50,000 copies on vinyl — up from 87 in 2021. To compare, only 56 albums in the CD format sold at least 50,000 copies in 2022 .While vinyl album sales continue to gain each year in the U.S., only half of those fans buying records actually own a vinyl record player, according to a research survey commissioned by Luminate. Last September, the firm published the statistic as part of its– Wave 2 report.
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