Latin America Percussion Instruments Market Size & Outlook
Latin America percussion instruments market, 2018-2030 (US$M)
Related Markets
Latin America percussion instruments market highlights
- The Latin America percussion instruments market generated a revenue of USD 99.0 million in 2022.
- The market is expected to grow at a CAGR of 7.3% 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 99.0 million |
| Market revenue in 2030 | USD 173.4 million |
| Growth rate | 7.3% (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 | Conn-Selmer, Inc., Yamaha Motor Co Ltd, KHS, Gretsch, Ludwig Drum, inMusic Brands, Remo.co, Roland Corp Ordinary Shares, Behringer, Pearl Corporation, D'Addario & Company, Inc., Meinl Percussion |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.9% of the global percussion 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 755.7 million by 2030.
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Percussion Instruments Market Scope
Percussion Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America percussion 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 percussion instruments market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 91.52% in 2022. Horizon Databook has segmented the Latin America percussion instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of percussion 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 Latin America percussion instruments market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America percussion instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America percussion instruments market size, by country, 2018-2030 (US$M)
Latin America Percussion Instruments Market Outlook Share, 2022 & 2030 (US$M)
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