The size of the global musical instruments market is expected to grow from $12.95 billion in 2021 to $13.25 billion in 2022 at a compound annual growth rate (CAGR) of 2.3%. The global musical instruments market size is expected to reach USD 14.54 billion in 2026 with a CAGR of 2.4%.
The trade research company offers the Global Musical Instruments Market 2022 report in its research report store. This is the most comprehensive report available on this market and it will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players may adopt.
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The musical instrument market consists of the sale of musical instrument devices by entities (organizations, sole proprietorships, partnerships) established to produce musical sound. Musical instruments create sound through vibration and most instruments are tuned to produce a range of sounds of particular frequencies called notes.
Some key players in the musical instrument market are Casio Computer Co. Ltd., CF Martin & Co. Inc, D’addario & Company Inc., Eastman Music Company, Fender Musical Instruments Corporation, and Kawai Musical Instruments Mfg. Co. Ltd., Steinway & Sons, Yamaha Corporation, Yanagisawa Wind Instruments Co., Ltd., Roland Corporation, Guangzhou Pearl River Piano Group Ltd., HMI Guitars, Cort, Gibson Brands Inc. and Hoshino Gakki Co. Ltd.
The countries covered in the global Musical Instruments market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru , Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.
Regions covered in the global musical instruments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Musical Instrument Market Segmentation:
1) By type: strings, brass and woodwinds, percussion, keyboard
2) By distribution channel: supermarkets/hypermarkets, specialized stores, online sales channel
3) By application: commercial events, personal use, music production, other
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The table of contents of the report includes
2. Characteristics of the musical instruments market
3. Musical Instruments Market Trends and Strategies
4. Impact of COVID-19 on musical instruments
5. Musical Instruments Market Size and Growth
26. Africa Musical Instrument Market
27. Musical Instruments Market Competitive Landscape and Company Profiles
28. Musical Instruments Pipeline Analysis
29. Key mergers and acquisitions in the musical instruments market
30. Musical Instruments Market Future Outlook and Potential Analysis
This report covers market trends and dynamics of the Musical Instruments market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA . The report also includes consumer surveys and various future opportunities for the market.
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