CDs are this odd junction between quality, inconvenience, and low cost, one that makes it niche. They are a physical product and thus higher quality, so to speak, than digital music. Yet vinyls are higher quality (in the hand) and more novel due to the design options. Then they are lossless but even personally ripping is far less convenient than digital music, much less inserting the disc with every use. The others combined— a vinyl copy for display and pirating/a lossless streaming service like Qobuz or Apple’s— costs more for what can be seen as a minimal improvement in the other categories.
So I’m not surprised. Vinyls are a neat little souvenir of songs or albums I enjoy, and though I’ve never actually played a single one, they’re still something I like to collect. Can’t say the same for CDs.