The French music market is experiencing a true renaissance in 2024, driven by the strong return of vinyl. For the first time since its golden age, the long play record surpasses the CD in value. According to the SNEP, the figures are revealing of this trend.
Continuous Growth
In 2024, the recorded music market generated $1.2 billion (+7% vs 2023). Vinyl is close to $116 million in revenue, with growth of 5.4% year-on-year and more than double in five years. This historical format is attracting a new generation of listeners.
Despite this surge, the CD remains dominant in volume with nearly 10 million units sold, compared to 6 million for vinyl.
Expanding Physical Market
Vinyl supports the rise of the physical market (+1.3% in 2024), its best score since 2002 (excluding the Covid period). Nevertheless, the industry still faces challenges: supply difficulties and constraints in pressing plants, particularly in France.
A Young and Dynamic Audience
15-34 year olds represent 40% of vinyl buyers. Their search for authenticity and tangible media explains this enthusiasm. Artists like Billie Eilish, Taylor Swift, and Bob Marley are among the biggest record sellers in 2024.
Vinyl is now establishing itself as a pillar of the physical music market. It combines authenticity, listening pleasure, and emotional value, attracting enthusiasts as well as younger generations.
