Industry Statistics and Rankings
How does this industry perform in United Kingdom compared to Europe?
Country Benchmarking
Industry Data United Kingdom
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#2 In EuropeBusiness
#5 In EuropeEmployees
#2 In EuropeWages
#2 In EuropeOnline streaming services such as Netflix, Amazon Prime Video and Spotify are driving a transition in the home entertainment market; consumers are increasingly shifting away from physical discs like CDs and DVDs to digital formats, hitting music and video record retailers’ sales. Streaming services’ subscription model offers customers access to an extensive content library at a low cost, making DVD purchases less appealing, especially as people often only watch things once. The International Federation of the Phonographic Industry notes that Sweden, the UK and Germany lead the way in paid audio subscriptions, posing a significant challenge to audio record retailers.
Enterprises
Number of businesses in 2024
Biggest companies in the Music & Video Record Retailing in the UK
| Company | Market Share (%)
2024 | Revenue (£m)
2024 | Profit (£m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Sunrise Records | 50.4 | 1.9 | 3.8 |
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Top Questions Answered in this Report
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What is the market size of the Music & Video Record Retailing in the UK industry in United Kingdom in 2024?
The market size of the Music & Video Record Retailing in the UK industry in United Kingdom is £822.8m in 2024.
How many businesses are there in the Music & Video Record Retailing in the UK industry in 2024?
There are 283 businesses in the Music & Video Record Retailing in the UK industry in United Kingdom, which has declined at a CAGR of 5.1 % between 2019 and 2024.
Has the Music & Video Record Retailing in the UK industry in United Kingdom grown or declined over the past 5 years?
The market size of the Music & Video Record Retailing in the UK industry in United Kingdom has been growing at a CAGR of 13.2 % between 2019 and 2024.
What is the forecast growth of the Music & Video Record Retailing in the UK industry in United Kingdom over the next 5 years?
Over the next five years, the Music & Video Record Retailing in the UK industry in United Kingdom is expected to grow.
What are the biggest companies in the Music & Video Record Retailing in the UK market in United Kingdom?
The biggest company operating in the Music & Video Record Retailing market in United Kingdom is Sunrise Records
What does the Music & Video Record Retailing in the UK in United Kingdom include?
Blu-ray discs and DVDs are part of the Music & Video Record Retailing in the UK industry.
Which companies have the highest market share in the Music & Video Record Retailing in the UK in United Kingdom?
The company holding the most market share in United Kingdom is Sunrise Records.
How competitive is the Music & Video Record Retailing in the UK industry in United Kingdom?
The level of competition is high and steady in the Music & Video Record Retailing in the UK industry in United Kingdom.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Book, Music, Film, Sports Equipment & Games Retailers in the UK
Complementors
- Data Processing & Hosting Services in the UK
- Film, Video & Television Programme Production, Sound Recording & Music Publishing in the UK
Table of Contents
About this industry
Industry definition
Retailers in this industry sell sound recordings, such as music and audio books, and audiovisual content like movies and TV series. The primary products sold include CDs, DVDs and Blu-ray discs.
Related Terms
BLU-RAY-DISCCOMPACT DISC (CD)DIGITAL VERSATILE DISC (DVD)HIGH DEFINITION (HD)What's included in this industry?
Blu-ray discs DVDs Recorded sound carriersCompanies
Sunrise RecordsIndustry Code
4762 - Retail sale of music and video recordings in specialized stores in United Kingdom
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Music & Video Record Retailing in the UK industry?
Outlook
Analysis
What's driving the Music & Video Record Retailing in the UK industry outlook?
Volatility
Analysis
What influences volatility in the Music & Video Record Retailing in the UK industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Music & Video Record Retailing in the UK industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Streaming services soar as physical media sales wane. Even though although nostalgia sustains a niche market for vintage formats, Blu-ray, DVD and CD sales continue to drop as convenience and digital quality driving consumers’ purchasing decisions.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Music & Video Record Retailing in the UK industry's products and services performing?
Analysis
What are innovations in the Music & Video Record Retailing in the UK industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Music & Video Record Retailing in the UK industry?
International Trade
Highlights
- Total Imports into United Kingdom
- Total Exports into United Kingdom
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Falling demand for physical formats causes small companies to struggle. Larger electronics stores are outlasting smaller retailers by diversifying their product ranges, driving up market concentration.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Music & Video Record Retailing in the UK located?
Companies
Data Tables
Top 1 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
The Consumer Rights Directive protects EU customers. It standardises national laws on pre-purchase information for goods, services and digital content.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Music & Video Record Retailing in the UK industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit plummets as digital consumption surges. Retailers are seeing their returns edge downwards as CDs and DVDs fall out of favour, though the niche vinyl market offers a degree of relief.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Music & Video Record Retailing in the UK industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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