Supply chain problems and rising costs continue to plague pressing plants, labels and retailers — but CDs may be a stopgap. Here's a look into why vinyl is getting so expensive.
a 14,000-square-foot pressing facility by the end of the year, and Memphis Record Pressing is working on a nearly $30 million expansion, including 36 pressing machines slated to be operational by September.
With vinyl demand surging as production struggles, some are looking to CDs to fill the void. The CD manufacturing process is less complex, the turnaround time quicker and sticker price more consumer-friendly. Demand for the format is also robust., CD shipments rose from 31.6 million in 2020 to 46.6 million in 2021, a 47% increase, while revenue rose from $483.2 million to $584.2 million.
“More vinyl-only stores need to start considering adding at least some [CD] offerings to the mix, particularly when it’s a key artist where they don’t have a vinyl counterpart to sell,” saysCD manufacturing also suffers from supply chain issues, but “it’s nowhere near the same ballpark as vinyl,” says Harkins, who adds that manufacturing times have increased from three to four weeks to roughly six to eight weeks today.
Some sources voiced concern that rising prices and the unavailability of product might slow sales. But most remained hopeful about the future, with some suggesting that production problems might even have an upside. “You could also argue,” says Provenzano, “that the scarcity of product kind of drives the demand, too.”
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