Italy Stringed Instruments Market Size & Outlook
The stringed instruments market in Italy is expected to reach a projected revenue of US$ 242.9 million by 2030. A compound annual growth rate of 6.1% is expected of Italy stringed instruments market from 2023 to 2030.
Revenue, 2022 (US$M)
$150.7
Forecast, 2030 (US$M)
$242.9
CAGR, 2023 - 2030
6.1%
Report Coverage
Italy
Italy stringed instruments market, 2018-2030 (US$M)
Related Markets
Italy stringed instruments market highlights
- The Italy stringed instruments market generated a revenue of USD 150.7 million in 2022 and is expected to reach USD 242.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.1% 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.
Stringed instruments market data book summary
| Market revenue in 2022 | USD 150.7 million |
| Market revenue in 2030 | USD 242.9 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Italy accounted for 1.7% of the global stringed instruments market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France stringed instruments market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 789.9 million by 2030.
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Stringed Instruments Market Scope
Stringed instruments market segmentation & scope
Saxophone
Flute
Harmonica
Piano
Accordion
Keyboard
Drum Set
Tabla
Cajon
Others
Stringed Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 89.85% in 2022. Horizon Databook has segmented the Italy stringed instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
- Italy Stringed Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Italy 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 country-level data and insights on the Italy stringed instruments market , including forecasts for subscribers. This country databook contains high-level insights into Italy stringed instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy stringed instruments market size, by distribution channel, 2018-2030 (US$M)
Italy Stringed Instruments Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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