Did vinyl sales just hit the proverbial brick wall?

@ghdprentice

Will all wine be in screw-cap bottles in 20-30 years? 

I think sales will level off and grow based upon population like most other established markets. There will always be plenty of people that want to hold the music in their hands.

Pity how most people choose to listen to music these days. Like only eating fast food.

In 2021 turntables were the number one entertainment device sold on Amazon during the holiday season.

Not if you include gaming consoles.  That's where the youngsters spend their money.

@tomcy6 

Yes. I meant in audio devices. Games is probably its own category. 

I got back into vinyl about twelve or so years ago. I'm glad I did. 

@wesheadley… “Will all wine be in screw-cap bottles in 20-30 years?”

You know… good question. Yes. I have a wine cellar with a few hundred bottles of red wine. I am seeing better wine having screw caps. At first I was very skeptical… the long tradition… the ability of oxygen to slowly age the wine.  The technology to construct a cork. But the amount of tannins in good quality wine has been coming down over the years so that wine sold today is to be consumed in the next few years as opposed to cellared for a decade or two. I don’t see that trend ending. More and more I see real corks only used in top tier wines for connoisseurs. 

@ghdprentice 

I think you've made my point; corks are not going anywhere and neither are vinyl records. 

Most wine sold is fairly cheap and forgettable, and most of that may well be screw-cap eventually, but there will always be a huge selection of finer wines that will choose to use corks, your comments on aging (very astute) notwithstanding.

Most music released today is streamed, yet the bulk of that is also released on vinyl because a certain percentage of the audience appreciates the quality. 

Books vs. ebooks are another analogy to vinyl records, maybe a better one... e-readers could hardly be much better than they are now, yet books still seem to hold their place.