Europe Stringed Instruments Market Size & Outlook
Related Markets
Europe stringed instruments market highlights
- The Europe stringed instruments market generated a revenue of USD 2,123.4 million in 2022.
- The market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,123.4 million |
| Market revenue in 2030 | USD 3,780.1 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
| Key market players worldwide | Casio Computer Co Ltd, Roland Corp Ordinary Shares, Yamaha Corp, Kawai Musical Instruments Manufacturing, C.F. Martin & Co, D'Addario & Company, Inc., Eastman Music, Fender, Steinway & Sons |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.7% of the global stringed instruments market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,946.4 million by 2030.
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Stringed Instruments Market Scope
Stringed Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| D'Addario & Company, Inc. | View profile | 1001-5000 | New York, New York, United States, North America | http://daddario.com |
| Steinway & Sons | View profile | 1001-5000 | New York, New York, United States, North America | https://www.steinway.com |
| Eastman Music | View profile | - | Pomona, California, United States, North America | https://www.eastmanmusiccompany.com |
| C.F. Martin & Co | View profile | 251-500 | Nazareth, Pennsylvania, United States, North America | http://martinguitar.com |
| Kawai Musical Instruments Manufacturing | View profile | 1001-5000 | Hamamatsu, Shizuoka, Japan, Asia | https://www.kawai.co.jp/ |
| Fender | View profile | 1001-5000 | Scottsdale, Arizona, United States, North America | https://www.fender.com |
| Yamaha Corp | View profile | 25994 | 10-1, Nakazawa-cho, Naka-ku, Shizuoka, Hamamatsu, Japan, 430-8650 | https://www.yamaha.com |
| Roland Corp Ordinary Shares | View profile | 3286 | 2036-1 Nakagawa Hosoe-cho, Hamamatsu-shi, Shizuoka, Japan, 431-1304 | http://www.roland.co.jp |
| Casio Computer Co Ltd | View profile | 10950 | 6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, Japan, 151-8543 | http://www.casio.jp |
Europe stringed instruments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stringed instruments market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 88.77% in 2022. Horizon Databook has segmented the Europe stringed instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Stringed Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
- Europe Stringed Instruments Product Outlook (Revenue, USD Million, 2018-2030)
- Flute
- Tabla
- Guitar
- Others
- Harmonica
- Drum Set
- Accordion
- Keyboard
- Cajon
- Violin
- Cello
- Saxophone
- Piano
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Our clientele includes a mix of stringed instruments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe stringed instruments market , including forecasts for subscribers. This continent databook contains high-level insights into Europe stringed instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe stringed instruments market size, by country, 2018-2030 (US$M)
Europe Stringed Instruments Market Outlook Share, 2022 & 2030 (US$M)
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