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Chord progression: Despite rising competition, the industry's recent revenue declines will stabilize

Abstract

Musical Instrument & Supplies Stores in the US

The Musical Instrument and Supplies Stores industry suffered in the five years to 2016. Poor economic conditions and marginal decreases in the number of adolescents, an important market segment, have driven down demand for the musical instruments and related industry products. Despite the industry's devastating performance over the past five years, IBISWorld forecasts that the Musical Instrument and Supplies Stores industry's revenue will grow in the five years to 2021.

This industry retails an extensive selection of musical instruments, sheet music and related supplies such as microphones, amplifiers and audio systems. These products are usually sold directly to end consumers. Many industry operators also repair and rent these products and provide music instruction.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Musical Instrument and Supplies Stores in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY


MAJOR COMPANIES

Guitar Center Inc.

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