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Musical Instrument Industry: Market Research Reports, Statistics and Analysis

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Global Musical InstrumentIndustry


The worldwide music instrument market encompasses the retail sale of mainstream instruments such as pianos, violins, guitars and other related products like parts, accessories and sound equipment, including microphones and amplifiers. The industry also involves the sale of sheet music, leasing of equipment and instrument repairs.


Retail outlets include musical instrument stores, specialty stores and pro audio stores, with musical instrument stores carrying both instruments and accessories. Specialty stores, like keyboard and piano stores, are involved in the retail sale of electronic pianos, grand pianos, traditional upright pianos and self-playing pianos.


School music stores represent another retail outlet in the music instrument industry, selling band instruments to high schools, universities and amateur players. At other retail outlets, like pro audio stores, consumers can purchase a wide range of sound system equipment. Who buys musical instruments? Key consumers include professional musicians, amateur players, and university and high school students requiring musical instruments for music classes or extra-curricular activities.


The worldwide music instrument industry is fuelled by rising levels of consumer income and increased interest in leisure activities, and it is shaped by changing musical tastes influencing musical instrument choices. Musical instrument sellers deal directly with consumers regarding retail sale but are also involved in administrative tasks such as inventory control, advertising, product merchandising and providing after-sales services. Merchandising is a key factor in dictating how lucrative any company’s business activity will be; for example, smaller outfits competing against larger industry players can gain market share by offering high-end instruments or a personalized service.



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You might be interested in: electronic musical instrument, guitar, wind instrument

» View Public Reports

1-10 of 18 reports

The European Guitar Sector Brief

  • Industry report
  • February 2013
  • 4 pages

... With A Knack For Timing That Was To define His Career, He Made A Small For- tune As The accordion Business Boomed. For Most Of The Early 20Th Century, epiphone ...

  • Industries: Musical Instrument
  • Countries: Sweden, Europe

The German Musical Instrument Industry : Innovation and Technology Trends

  • Industry report
  • April 2011
  • 10 pages

... With no less than 55 nations represented on the exhibitor side. In addition to its function as the leading trade fair for the musical instrument sector, musikmesse is also an important barometer ...

  • Industries: Musical Instrument
  • Countries: Germany

The Singaporean Percussion Instrument Sector Brief

  • Industry report
  • April 2011
  • 16 pages

... Of steel drums range from large steel drums of 2l0-litre capacity ("large steel drums"), to bitumen drums of l60-litre capacity ("bitumen drums") particular to singaporelo, as well as steel pails and small ...

  • Industries: Musical Instrument
  • Countries: Singapore

Percussion Instrument Production and Trade Statistics in The United States

  • Industry report
  • January 2011
  • 7 pages

... Industry statistics steel drums; plastic drums; intermediate bulk containers reconditioned and newly manufactured packagings introduction the reusable industrial packaging association (ripa ...

  • Industries: Musical Instrument
  • Countries: United States

Global Musical Instrument Market Brief

  • Industry report
  • December 2010
  • 18 pages

... Of providing, on demand, a harder-edged and more modern sound. We needed to draw on our vast experience of guitar loudspeaker development in order to meet these exacting requirements and after many hours ...

  • Industries: Musical Instrument

World Musical Instrument Sector Brief

  • Industry report
  • November 2010
  • 9 pages

... music instrument dealers. Mi spy: our most read and talked about feature since the magazine began, mi spy uses covert methods to report on service Good and bad At retail stores through- out north america ...

  • Industries: Musical Instrument

The Chinese Musical Instrument Sector : Key Market Figures

  • Industry report
  • November 2010
  • 9 pages

... musical instruments mfg. Enterprises above designated size across china henan, hebei, shanghai and shandong are the major production bases for chinese musical instruments in china. From jan. To nov ...

  • Industries: Musical Instrument
  • Countries: China

Global Musical Instrument Market

  • Industry report
  • October 2010
  • 20 pages

... Acquire the wood materials needed for musical instruments and other products in good condition. The yamaha group strives to eliminate waste, while making full and efficient use of wooden materials ...

  • Industries: Musical Instrument

Global Musical Instrument Production and Trade Statistics

  • Industry report
  • August 2010
  • 224 pages

... instruments can best be described as dedicated computers for making music. Just as advancing technology has roiled the computer market, giving rise to new product formats like the ipad tablet and highly ...

  • Industries: Musical Instrument
  • Countries: World

The Spanish Musical Instrument Sector Brief

  • Industry report
  • October 2009
  • 13 pages

... Joking Academic lexis technology tools; battery; ferrous; metals; models; plastics music trombone; flute; recorder; guitar; violin; piano; instrument; triangle; notes history battles; romans; greeks ...

  • Industries: Musical Instrument
  • Countries: Spain
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Musical Instrument & Supplies Stores Market in the United States

Musical Instrument & Supplies Stores Market in the United States

  • $ 1 020
  • Industry report
  • January 2014
  • by Ibisworld

IBISWORLD INDUSTRY RISK RATINGS REPORT This is the replacement for IBISWorld's February Musical Instrument & Supplies Stores in the US Industry Risk Ratings Report. Industry Risk Ratings Synopsis This ...

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