Looking at vinyl on the internet I notice alot of self distributed vinylrecords, without the help of recordlabels. Todays musician doesnt allways need a recordlabel to distribute a record. It can be directly from the artist. The independant self powered musician today is perhaps as big or even bigger than the recordlabels. Since there are more musicians than recordlabels, the vinyl scene is a huge thing with indie artists, if you are looking for vinyl from commercial artists. Then its common that they only make limited releases on vinyl too.
The whitelabel vinylrecord: Is worth more than a recordlabel printed vinyl. This is because of the limited copies. But what if there are more whitelabel vinyls than there are industryprinted LP records. Then the whitelabel is pointless?
A artist discography is often more exclusive if there is a limited amount of whitelabel vinyls before he or she starts to release with a record label.
But if the limited copies of the record labels are less then the whitelabels, I cant say for shure,
Compared to how the availability look today, the indie vs rec labels is definitly a big competitor.
In terms of the total years vinyl records have been manufactured then problably no. But in 2019 vinyl records are a prefered format amongs musicians. And there are more independant musicians releasing music now than there can be recordlabels.