Europe Stringed Instruments Market Size & Outlook

The stringed instruments market in Europe is expected to reach a projected revenue of US$ 3,780.1 million by 2030. A compound annual growth rate of 7.5% is expected of Europe stringed instruments market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,123.4
Forecast, 2030 (US$M)
$3,780.1
CAGR, 2023 - 2030
7.5%
Report Coverage
Europe

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 2022USD 2,123.4 million
Market revenue in 2030USD 3,780.1 million
Growth rate7.5% (CAGR from 2022 to 2030)
Largest segmentOffline
Fastest growing segmentOnline
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOnline, Offline
Key market players worldwideCasio 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 segmentation & scope

Stringed Instruments Market Companies

Name Profile # Employees HQ Website

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)
    • Online
    • Offline
  • Europe Stringed Instruments Product Outlook (Revenue, USD Million, 2018-2030)
    • Saxophone
    • Flute
    • Harmonica
    • Piano
    • Accordion
    • Keyboard
    • Drum Set
    • Tabla
    • Cajon
    • Guitar
    • Violin
    • Cello
    • Others

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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)

Europe stringed instruments market size, by country, 2018-2030 (US$M)

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