Market Overview:
The global guitar bag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for guitars, both acoustic and classical, across the globe. In addition, rising disposable income and growing popularity of music festivals are also contributing to the growth of this market. Based on type, the global guitar bag market can be segmented into acoustic & classical guitar bags, bass guitar bags and electric guitar bags. Among these segments, acoustic & classical guitars are expected to account for a major share in terms of revenue in 2018. This is mainly due to their growing popularity among consumers across different regions globally.
Product Definition:
A guitar bag is a type of bag that is designed to protect a guitar from damage. Guitar bags may be made from a variety of materials, including cloth, vinyl, or leather. They often have pockets and straps for carrying the instrument and its accessories.
Acoustic & Classical Guitar Bags:
Acoustic & classical guitar bags are used to protect the instrument from dust, scratches and damages while traveling. The market for acoustic & classical guitar bags is driven by growing demand for lightweight cases that can provide adequate protection to a guitar during transportation. Increasing number of live concerts and shows along with rising trend of learning music among kids is expected to propel the growth factor in global Guitar Bag Market over the forecast period.
Bass Guitar Bags:
Bass guitar bags are specially designed to protect the bass guitars from scratches and damages. The market is driven by factors such as increasing demand for electric guitars among young generation, preference for acoustic instruments due to growing popularity of live music and rising disposable income in developing countries including China & India.
The global Bass Guitar Bags industry size was valued at USD 31.5 million in 2015.
Application Insights:
The personal application segment held the largest share of more than 70.0% in 2017. The demand for guitars in this region is generally higher as compared to other regions due to the rising population, especially in India and China. Moreover, countries such as Australia and New Zealand are also expected to witness significant growth owing to increasing interest among millennials regarding rock music and acoustic guitar playing styles. This trend is projected to continue over the next few years thereby driving demand for electric guitar bags across personal applications globally.
Regional Analysis:
North America dominated the global guitar bag market in 2017. The growth of this region can be attributed to the presence of a large number of manufacturers and suppliers based in U.S. Moreover, high disposable income and preference for personalization are driving the demand for these bags in North America as consumers are willing to spend more on such accessories that reflect their taste, style, and passion.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding music among youth population along with rising popularity of acoustic guitars among rock bands performing at commercial venues across major cities including Mumbai, Bangalore, Delhi NCR (National Capital Region), Kolkata (Calcutta), Hyderabad etc., thereby fueling demand for various types of guitar bags including gigbags/backpackers/rucksacks amongst other musical instruments requiring protection or storage during transit from one place to another.
Growth Factors:
- Increasing demand for guitars from the music industry
- Rising disposable income of people, especially in the developing countries
- Growing popularity of guitar-centric music genres such as rock and blues
- Proliferation of online platforms that offer guitar lessons and tutorials
- Technological advancements in guitar manufacturing that make them lighter and easier to transport
Scope Of The Report
Report Attributes
Report Details
Report Title
Guitar Bag Market Research Report
By Type
Acoustic & Classical Guitar Bags, Bass Guitar Bags, Electric Guitar Bags
By Application
Personal, Commercial, Others
By Companies
Faswin, GO-DPS, ChromaCast, Continental, Gator, Fender, Musician's Gear, Audio-Technica, Fender, Guardian Cases, Faswin, Phitz, ProRockGear
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Guitar Bag Market Report Segments:
The global Guitar Bag market is segmented on the basis of:
Types
Acoustic & Classical Guitar Bags, Bass Guitar Bags, Electric Guitar Bags
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Faswin
- GO-DPS
- ChromaCast
- Continental
- Gator
- Fender
- Musician's Gear
- Audio-Technica
- Fender
- Guardian Cases
- Faswin
- Phitz
- ProRockGear
Highlights of The Guitar Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acoustic & Classical Guitar Bags
- Bass Guitar Bags
- Electric Guitar Bags
- By Application:
- Personal
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Guitar Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A guitar bag is a type of luggage that is specifically designed to store and protect a guitar.
Some of the major companies in the guitar bag market are Faswin, GO-DPS, ChromaCast, Continental, Gator, Fender, Musician's Gear, Audio-Technica, Fender, Guardian Cases, Faswin, Phitz, ProRockGear.
The guitar bag market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Guitar Bag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Guitar Bag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Guitar Bag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Guitar Bag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Guitar Bag Market Size & Forecast, 2020-2028
4.5.1 Guitar Bag Market Size and Y-o-Y Growth
4.5.2 Guitar Bag Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Acoustic & Classical Guitar Bags
5.2.2 Bass Guitar Bags
5.2.3 Electric Guitar Bags
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Guitar Bag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Guitar Bag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Acoustic & Classical Guitar Bags
9.6.2 Bass Guitar Bags
9.6.3 Electric Guitar Bags
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Acoustic & Classical Guitar Bags
10.6.2 Bass Guitar Bags
10.6.3 Electric Guitar Bags
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Acoustic & Classical Guitar Bags
11.6.2 Bass Guitar Bags
11.6.3 Electric Guitar Bags
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Acoustic & Classical Guitar Bags
12.6.2 Bass Guitar Bags
12.6.3 Electric Guitar Bags
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Acoustic & Classical Guitar Bags
13.6.2 Bass Guitar Bags
13.6.3 Electric Guitar Bags
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Guitar Bag Market: Competitive Dashboard
14.2 Global Guitar Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Faswin
14.3.2 GO-DPS
14.3.3 ChromaCast
14.3.4 Continental
14.3.5 Gator
14.3.6 Fender
14.3.7 Musician's Gear
14.3.8 Audio-Technica
14.3.9 Fender
14.3.10 Guardian Cases
14.3.11 Faswin
14.3.12 Phitz
14.3.13 ProRockGear
