Sure, every subscription music service has search. It's essential, but navigating their entire library and navigating just stuff I like is not the same. Some times I just want to browse my favorite artists. I can't do this effectively on Spotify. The user experience here is bad. I don't think I'm the only person who wants to "favorite" albums.
All saved music lists in Spotify has clickable Album, Artist and Track links so in effect you can easily make "Album" lists. I have done that for ages.