We all know K-pop had a recent huge sales boost.
Gaon sales:
The numbers aren't exact because they come only from charting albums. Gaon reported a total of 40.2M sales in 2020.
As you can see, there was a huge boost in sales in 2020: 67% compared to 2019. 2021 had a 44% increase in the first half compared to 2020: from 18M to 26M.
Unfortunately, I couldn't find the data for YouTube and Spotify. Daisuki has an YT graph, but it's an approximative mathematical model.
So, where are these sales coming from?
- New fans? Then we should expect a similar boost in streaming.
- Definitely not from Korea since the digitals are going down.
- Old fans? Then we should expect no boost in streaming.
- More fans buying albums?
- More albums bought per fan?
- Concert budget being used to buy albums instead?
What do you think?