Mexico Stringed Instruments Market Size & Outlook
Mexico stringed instruments market, 2018-2030 (US$M)
Related Markets
Mexico stringed instruments market highlights
- The Mexico stringed instruments market generated a revenue of USD 170.2 million in 2022 and is expected to reach USD 328.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.6% 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 170.2 million |
| Market revenue in 2030 | USD 328.5 million |
| Growth rate | 8.6% (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, Mexico accounted for 1.9% 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 North America, U.S. stringed instruments market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 328.5 million by 2030.
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Stringed Instruments Market Scope
Stringed Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 91.83% in 2022. Horizon Databook has segmented the Mexico stringed instruments market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico Stringed Instruments Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Mexico 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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Target buyers of Mexico stringed instruments market databook
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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 country-level data and insights on the Mexico stringed instruments market , including forecasts for subscribers. This country databook contains high-level insights into Mexico stringed instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico stringed instruments market size, by distribution channel, 2018-2030 (US$M)
Mexico Stringed Instruments Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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