Record Stores in the US - IBISWorld Industry Market Research

Record Stores in the US

Record Stores in the US - IBISWorld Industry Market Research
Record Stores in the US
Published Dec 22, 2014
31 pages — Published Dec 22, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

Continued shifts in consumer preferences and competition from large discount and digital music retailers have dampened consumer demand for the Record Stores industry. With increased accessibility to high-speed internet, music streaming and less expensive CD-burning hardware, album sales have declined significantly over the past five years. While consumer sentiment is expected to improve in the next five years, this industry will fail to experience revenue growth. Consumers who are accustomed to digital music are not likely to return to making regular purchases at record stores.

Record stores primarily retail prerecorded audio and videotapes, compact discs (CDs), digital video discs (DVDs) and phonograph records. Online sales are excluded from this industry.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
45122
Country
Industry
Report Type
Format:
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Record Stores in the US" Dec 22, 2014. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Record-Stores-in-the-US-2042-1014>
  
APA:
IBISWorld Industry Market Research. (2014). Record Stores in the US Dec 22, 2014. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Record-Stores-in-the-US-2042-1014>
  
US$ 910.00
$  £  
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