Market Overview:
The global twenty-one strings Chinese guzheng market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for traditional Chinese music instruments and rising popularity of guzheng among the youth population. Additionally, growing number of music schools that offer guzheng classes is also propelling the growth of this market. However, high cost associated with these instruments may hamper the growth of this market to some extent during the forecast period. Based on type, nylon string segment is anticipated to witness highest CAGR during 2018-2030 owing to its superior sound quality as compared to other types available in the market. Steel wire string segment held majority share in 2017 and is projected to maintain its dominance throughout forecast period due its low price as compared other types available in global twenty-one strings Chinese guzheng market . By application, performance segment accounted for largest share in 2017 and it is projected grow at significant rate over next few years owing rising demand from professional musicians as well as amateurs alike . Music teaching application held second largest share in 2017 and it projected grow at moderate pace over next few years due growing adoption rates by students learning traditional Chinese music instrument across globe .
Product Definition:
A Chinese guzheng is a traditional string instrument with 21 strings. It has a history of over 2,500 years and is still played today. The guzheng's importance lies in its ability to create a wide range of sounds, making it an essential part of Chinese music.
Cauda Equina String:
Cauda equina string is a musical instrument that imitates the sound of an zither. It has a body made up of 23 strings, each string being tuned in octaves. The instrument is played by using four to five fingers and it has no frets. Cauda equina can be translated as “horse tail” or “horseradish tree branch” and it refers to the shape of the neck on this musical instrument.
Nylon String:
Nylon string is a type of musical instrument string that is made from nylon monofilament. The other end of the nylon monofilament is attached to a metal or wooden body, which produces an audible tone when the strings are plucked or played by hand. Nylon strings are much thinner than steel-based gut strings and have a more mellow sound because they are not as dense as metal counterparts.
Application Insights:
The performance application segment dominated the global market with a share of over 60% in 2017. The instrument is gaining popularity among professional musicians as well as amateurs due to its rich tonal quality and easy playing nature. It has been observed that most of the performances are held by professionals and not by amateurs, which indicates a growing trend in this industry.
The music teaching application segment is expected to witness significant growth during the forecast period owing to increasing demand for stringed instruments from schools and universities all over the world. Chinese guzheng can be easily transported due to its small size, which makes it suitable for use in educational institutions or at-home lessons. Moreover, these devices help develop finger dexterity along with motor skills required for playing musical notes correctly thus making it an ideal choice among teachers worldwide.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2017. This is attributed to the presence of a large number of schools and colleges that use Chinese instruments for music teaching and performance. China, Japan, South Korea, Taiwan and India are some of the prominent markets for these products across Asia Pacific region. The increasing popularity of traditional Chinese medicine coupled with rising disposable income levels has led to an increase in demand for these stringed instruments over the forecast period.
North America is expected to grow at a significant rate over the forecast period owing to growing interest among students towards music education institutes offering guzheng lessons as well as performances by famous musicians on such instruments at various occasions including weddings and parties which have boosted sales across this region since 2016. Europe also held a considerable share due to high demand from countries like France Germany Italy U nited Kingdom Russia Spain etc., where they are used during various cultural events along with their rich history attached thereto (i e., renaissance concerts).
Growth Factors:
- Increasing demand from the younger generation for traditional Chinese instruments
- Growing popularity of guzheng music in the international market
- Rising number of music schools and classes teaching guzheng playing techniques
- Proliferation of online resources and tutorials on how to play the guzheng
- Increased number of concerts, competitions, and other events featuring guzheng performances
Scope Of The Report
Report Attributes
Report Details
Report Title
Twenty-one Strings Chinese Guzheng Market Research Report
By Type
Cauda Equina String, Nylon String, Steel Wire String
By Application
Music Teaching, Performance, Other
By Companies
Scarlet Bird Zhuque, Dongyun, Tianyi, Long Feng, Jinyun, Dunhuang, Zhongzhou, Biquan, Lehai, Yinmeier, Scarlet Bird Zhuque
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Twenty-one Strings Chinese Guzheng Market Report Segments:
The global Twenty-one Strings Chinese Guzheng market is segmented on the basis of:
Types
Cauda Equina String, Nylon String, Steel Wire String
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
Music Teaching, Performance, Other
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:
- Scarlet Bird Zhuque
- Dongyun
- Tianyi
- Long Feng
- Jinyun
- Dunhuang
- Zhongzhou
- Biquan
- Lehai
- Yinmeier
- Scarlet Bird Zhuque
Highlights of The Twenty-one Strings Chinese Guzheng 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:
- Cauda Equina String
- Nylon String
- Steel Wire String
- By Application:
- Music Teaching
- Performance
- Other
- 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 Twenty-one Strings Chinese Guzheng 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
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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?
The Twenty-one Strings Chinese Guzheng is a type of Chinese zither. It has 21 strings and is played with the left hand.
Some of the major companies in the twenty-one strings chinese guzheng market are Scarlet Bird Zhuque, Dongyun, Tianyi, Long Feng, Jinyun, Dunhuang, Zhongzhou, Biquan, Lehai, Yinmeier, Scarlet Bird Zhuque.
The twenty-one strings chinese guzheng 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 Twenty-one Strings Chinese Guzheng 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 Twenty-one Strings Chinese Guzheng Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Twenty-one Strings Chinese Guzheng 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 Twenty-one Strings Chinese Guzheng 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 Twenty-one Strings Chinese Guzheng Market Size & Forecast, 2020-2028
4.5.1 Twenty-one Strings Chinese Guzheng Market Size and Y-o-Y Growth
4.5.2 Twenty-one Strings Chinese Guzheng 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 Cauda Equina String
5.2.2 Nylon String
5.2.3 Steel Wire String
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 Music Teaching
6.2.2 Performance
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Twenty-one Strings Chinese Guzheng 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 Twenty-one Strings Chinese Guzheng 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 Cauda Equina String
9.6.2 Nylon String
9.6.3 Steel Wire String
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 Music Teaching
9.10.2 Performance
9.10.3 Other
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 Cauda Equina String
10.6.2 Nylon String
10.6.3 Steel Wire String
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 Music Teaching
10.10.2 Performance
10.10.3 Other
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 Cauda Equina String
11.6.2 Nylon String
11.6.3 Steel Wire String
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 Music Teaching
11.10.2 Performance
11.10.3 Other
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 Cauda Equina String
12.6.2 Nylon String
12.6.3 Steel Wire String
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 Music Teaching
12.10.2 Performance
12.10.3 Other
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 Cauda Equina String
13.6.2 Nylon String
13.6.3 Steel Wire String
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 Music Teaching
13.10.2 Performance
13.10.3 Other
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 Twenty-one Strings Chinese Guzheng Market: Competitive Dashboard
14.2 Global Twenty-one Strings Chinese Guzheng Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Scarlet Bird Zhuque
14.3.2 Dongyun
14.3.3 Tianyi
14.3.4 Long Feng
14.3.5 Jinyun
14.3.6 Dunhuang
14.3.7 Zhongzhou
14.3.8 Biquan
14.3.9 Lehai
14.3.10 Yinmeier
14.3.11 Scarlet Bird Zhuque
