Market Overview:
The global wooden guitar market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for nylon/gut stringed guitars and steel stringed guitars, owing to their superior sound quality as compared to other types of guitars. Furthermore, the rising popularity of music as a form of art and recreation is also propelling the growth of the global wooden guitar market. Based on type, the global wooden guitar market can be segmented into nylon/gut stringed guitars and steel stringed guitars. Nylon/gut stringed guitars are more popular than steel stringed guitars due to their mellower sound quality that is well-suited for classical music performances. Steelstring acoustic Guitars are louder with brighter tones which makes them ideal for rock or country music performances. However, over time there has been an increase in demand for both types of wooden Guitars from different applications segments such as teaching and performing arts etcetera . Regionally, North America dominates the global Wooden Guitar Market followed by Europe and Asia Pacific respectively .
Product Definition:
A wooden guitar is a guitar that has a wooden body. The importance of a wooden guitar is that it can produce a warmer, richer sound than guitars made from other materials.
Nylon/Gut Stringed Guitars:
Nylon/Gut Stringed Guitars is a type of musical instrument that has nylon strings and gut string as its body. It is also known by different names such as electric guitar, Spanish guitar, or steel-string acoustic guitar. The instrument's construction varies according to the size and shape of the body. Most often it is a long-body guitars, but some variants exist with shorter bodies.
The nylon/gut hybrid provides better balance between weight.
Steel Stringed Guitars:
Steel-stringed guitars are primarily used in acoustic music including bluegrass, country, folk and western. The instrument is also played by rock musicians but with certain limitations as the guitar is not a loud instrument. It has been observed that most of the rock bands prefer to use electric guitars due to their ability to produce high decibel notes which can fill a stadium whereas steel-stringed guitar can only fill a small room with sound.
Application Insights:
Based on application, the global wooden guitar market has been segmented into perform, teaching and others. Performing guitars dominate the overall market in terms of revenue share. These are widely used in various types of performances including live shows, recording sessions and radio & TV appearances. The demand for acoustic guitars is generally higher than that for electric guitars in performing applications as acoustic guitarists prefer a full-sized instrument with a deeper tone quality and projection suitable for loud sounds while listening to music or playing along with recordings or CDs.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing awareness regarding traditional music forms, availability of skilled guitarists, and rising popularity of western music. In addition, growing penetration of major manufacturers in this region coupled with low production cost is anticipated to drive demand for guitars over the forecast period.
North America wooden guitar market by application (performers & teachers) and region (U.S.
Growth Factors:
- Increasing demand for wooden guitars from professional musicians and music enthusiasts.
- Rising popularity of vintage wooden guitars among collectors and hobbyists.
- Growing trend of using custom-made wooden guitars in music performances and recordings.
- Advances in guitar manufacturing technology that enable production of high-quality wooden guitars at competitive prices.
- increasing demand for eco-friendly musical instruments made from sustainable wood sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Wooden Guitar Market Research Report
By Type
Nylon/Gut Stringed Guitars, Steel Stringed Guitars, Others
By Application
Perform, Teaching, Others
By Companies
Martin, Taylor, LARRIVEE, Lakewood, S.Yairi, Fender, Gibson, Ibanez, Paul Reed Smith Guitar, Santa Cruz, ESP, CORT, B.C.RICH
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Wooden Guitar Market Report Segments:
The global Wooden Guitar market is segmented on the basis of:
Types
Nylon/Gut Stringed Guitars, Steel Stringed Guitars, Others
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
Perform, Teaching, 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:
- Martin
- Taylor
- LARRIVEE
- Lakewood
- S.Yairi
- Fender
- Gibson
- Ibanez
- Paul Reed Smith Guitar
- Santa Cruz
- ESP
- CORT
- B.C.RICH
Highlights of The Wooden Guitar 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:
- Nylon/Gut Stringed Guitars
- Steel Stringed Guitars
- Others
- By Application:
- Perform
- Teaching
- 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 Wooden Guitar 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 wooden guitar is a stringed instrument made from wood.
Some of the key players operating in the wooden guitar market are Martin, Taylor, LARRIVEE, Lakewood, S.Yairi, Fender, Gibson, Ibanez, Paul Reed Smith Guitar, Santa Cruz, ESP, CORT, B.C.RICH.
The wooden guitar market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wooden Guitar 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 Wooden Guitar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wooden Guitar 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 Wooden Guitar 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 Wooden Guitar Market Size & Forecast, 2018-2028
4.5.1 Wooden Guitar Market Size and Y-o-Y Growth
4.5.2 Wooden Guitar Market Absolute $ Opportunity
Chapter 5 Global Wooden Guitar 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 Wooden Guitar Market Size Forecast by Type
5.2.1 Nylon/Gut Stringed Guitars
5.2.2 Steel Stringed Guitars
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wooden Guitar 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 Wooden Guitar Market Size Forecast by Applications
6.2.1 Perform
6.2.2 Teaching
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wooden Guitar 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 Wooden Guitar 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 Wooden Guitar Analysis and Forecast
9.1 Introduction
9.2 North America Wooden Guitar 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 Wooden Guitar Market Size Forecast by Type
9.6.1 Nylon/Gut Stringed Guitars
9.6.2 Steel Stringed Guitars
9.6.3 Others
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 Wooden Guitar Market Size Forecast by Applications
9.10.1 Perform
9.10.2 Teaching
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 Wooden Guitar Analysis and Forecast
10.1 Introduction
10.2 Europe Wooden Guitar 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 Wooden Guitar Market Size Forecast by Type
10.6.1 Nylon/Gut Stringed Guitars
10.6.2 Steel Stringed Guitars
10.6.3 Others
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 Wooden Guitar Market Size Forecast by Applications
10.10.1 Perform
10.10.2 Teaching
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 Wooden Guitar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wooden Guitar 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 Wooden Guitar Market Size Forecast by Type
11.6.1 Nylon/Gut Stringed Guitars
11.6.2 Steel Stringed Guitars
11.6.3 Others
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 Wooden Guitar Market Size Forecast by Applications
11.10.1 Perform
11.10.2 Teaching
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 Wooden Guitar Analysis and Forecast
12.1 Introduction
12.2 Latin America Wooden Guitar 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 Wooden Guitar Market Size Forecast by Type
12.6.1 Nylon/Gut Stringed Guitars
12.6.2 Steel Stringed Guitars
12.6.3 Others
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 Wooden Guitar Market Size Forecast by Applications
12.10.1 Perform
12.10.2 Teaching
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) Wooden Guitar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wooden Guitar 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) Wooden Guitar Market Size Forecast by Type
13.6.1 Nylon/Gut Stringed Guitars
13.6.2 Steel Stringed Guitars
13.6.3 Others
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) Wooden Guitar Market Size Forecast by Applications
13.10.1 Perform
13.10.2 Teaching
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 Wooden Guitar Market: Competitive Dashboard
14.2 Global Wooden Guitar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Martin
14.3.2 Taylor
14.3.3 LARRIVEE
14.3.4 Lakewood
14.3.5 S.Yairi
14.3.6 Fender
14.3.7 Gibson
14.3.8 Ibanez
14.3.9 Paul Reed Smith Guitar
14.3.10 Santa Cruz
14.3.11 ESP
14.3.12 CORT
14.3.13 B.C.RICH
