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Acoustic & Electric Guitar Manufacturing - Industry Market Research Report

  • May 2017
  • 35 pages
  • Ibisworld
Report ID: 2573352

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Background buzz: Declining exports have neutralized growth from increasing disposable income

Acoustic & Electric Guitar Manufacturing

The Acoustic and Electric Guitar Manufacturing industry has experienced solid growth over the five years to 2017. Increasing per capita disposable income has underpinned demand for industry products. Additionally, as conditions improved, consumers chose to buy high-end guitars, benefiting industry revenue and profit margins. However, the rising value of the dollar over the past five years has made domestically manufactured guitars less affordable for foreign consumers, negatively affecting export revenue. Over the five years to 2022, the industry is expected to continue growing. Revenue growth is expected to be driven by rises in per capita disposable income. However, industry growth will be constrained by import penetration.

This industry manufactures acoustic and electric guitars. Operators that manufacture guitar amplifiers and accessories are also included in this industry.

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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