Flat note: Competition from imports has neutralized growth from increasing disposable income
Acoustic & Electric Guitar Manufacturing The Acoustic and Electric Guitar Manufacturing industry experienced growth over the five years to 2018, despite mixed performance overall. Guitars are considered discretionary purchases by most and are extremely sensitive to changes in overall economic conditions and consumer tastes as a result. Increasing per capita disposable income and consumer confidence levels underpinned demand for industry products during the period, which benefited demand for industry products and stimulated revenue growth. However, the rising value of the US dollar over the past five years made domestically manufactured guitars less affordable for foreign consumers, which negatively affected revenue from exports during the period and constrained total industry revenue. Over the five years to 2023, the industry is expected to continue along a constrained growth path. Furthermore, as studio equipment and software remain popular in mainstream music, guitar manufacturers will continue to experience competition from producers of new music technologies.
This industry manufactures acoustic and electric guitars. Operators that manufacture guitar amplifiers and accessories are also included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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140 pages •
By Asia Market Information & Development Company
• Dec 2020
This study focuses on China’s Musical Instruments market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
Flat note: Competition from free digital sheet music will continue to drive industry decline Abstract Sheet Music Publishers The Sheet Music Publishers industry publishes and distributes sheet music on behalf of songwriters and companies with music licensing rights. Over the five years to 2019, competition...
Play on: Lockdown measures due to the pandemic are encouraging people to begin learning music Abstract Musical Instrument Retailers in the UK Operators in the industry sell musical instruments, including guitars, amplifiers, keyboards and associated accessories. This industry includes the sale of musical...
Tuned out: Heightened external competition is expected to continue threatening industry revenue Abstract Musical Instrument & Supplies Stores in the US The Musical Instrument and Supplies Stores industry has been out of tune over the five years to 2019. Despite increasing consumer confidence and per...
138 pages •
By Global Industry Analysts
• Jul 2020
Global Pianos Market to Reach $2.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Pianos estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at aCAGR of 2.1% over the period 2020-2027. Acoustic, one of the segments analyzed in the report, is projected...
Abstract Musical Instrument Manufacturing in China Musical instrument manufacturers in China produce Chinese musical instruments, Western musical instruments, electronic and other musical instruments, and related parts and components. This report covers the scope, size, disposition and growth of the...
In treble: Increases in consumer confidence are expected to support industry growth Abstract Musical Instrument & Supplies Stores in Canada The Musical Instrument and Supplies Stores industry in Canada has grown slowly over the five years to 2018. The industry, which relies on steady levels of consumer...
The Musical Instrument & Supplies Stores 2020 U.S. Market Research Report is one of the most comprehensive and in-depth assessments of the retail sector in the United States with over 100 data sets covering 2011-2024. This report includes updated 2020 and 5-year forecasts due to the impact of COVID-19.
This report includes historical...
Low hum: Growth will slow as imports and shifting consumer preferences threaten the market Abstract The Retail Market for Musical Instruments The Retail Market for Musical Instruments is tentatively moving forward, hitting a sweet note over the five years to 2018 as a result of the positive performance...
Stationery and Office Supplies Manufacturing in China
The Stationery and Office Supply Manufacturing industry manufactures stationery, writing instruments, teaching materials, inks and other stationery and office supplies. Manufacturers of the following products are not included in this industry:...
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