It’s estimated that 50% of people who buy vinyl records don’t have record players.
I understand that certain people find joy in collecting, but this seems a little ridiculous.
But here’s the stranger statistic:
48% of people who own record players never play the records they buy.
I understand the desire to keep things pristine in hopes they will escalate in value over time, but are half of all record sales really being made by people who hope they will be more valuable in the future?
41 billion vinyl records were sold in 2022. If these statistics are correct, 20 billion records are sitting in boxes throughout America, untouched and unplayed.
If these statistics are even half right, 10 billion records bought last year alone remain unplayed.
If all of this is true, record collectors are in for a rude awakening since the world seems awash in unplayed, mint-conditioned records, just waiting to become rare and valuable.
People are so weird.
