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As all analog music formats (vinyl, cassette, reel-to-reel, etc.) continue to rise in popularity, cassette tapes now outpace all other formats in consumer-market growth, more than quadrupling since 2011.
I hope those who are buying them enjoy them. Still, aside from 8-tracks, they were the worst format I can remember. Typically very high wow and flutter, high failure rate, limited frequency response; and the playback decks need periodic maintenance.
Not sure what your experience with cassettes is, but my experience says you're wrong. I owned a few top tier decks and with good quality tapes, they made copies which were very hard to distinguish from the source. If you're talking about prerecorded cassettes, I won't argue as I have almost no experience there.