Market Overview:
The global kids musical instrument market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for mini fully functional instruments and toy (not fully functional) instruments among toddlers and children across the globe. In addition, the growing popularity of music education is also propelling the growth of this market. North America dominates the global kids musical instrument market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa respectively.
Product Definition:
A Kids Musical Instrument is a type of musical instrument specifically designed for children to play. They come in a variety of shapes and sizes, making them accessible and fun for kids to use. Kids Musical Instruments can help teach children about music and rhythm, as well as hand-eye coordination skills.
Mini Fully Functional Instrument:
Mini Fully Functional Instrument, also known as Music Kit is a collection of musical instruments that are small in size and can be easily carried by kids. The product has gained significant popularity among children between the age group of 4-12 years. These kits include drums, xylophones, guitarsraps and other such instruments which help develop creativity in children through music.
Toy (Not Fully Functional):
The global toy (not fully functional) and it's usage in the kids musical instrument market size was valued at USD 6.5 billion in 2016. The increasing number of product launches coupled with rising awareness regarding music education is expected to drive growth over the forecast period.
In addition, parents' interest towards their children's hobby and talent for music is projected to propel industry growth over the next eight years.
Application Insights:
The for toddlers application segment dominated the global kids musical instrument market in 2017. This is attributed to a high number of manufacturers focusing on designing products specifically for this age group. For instance, Kidz Gear designs and markets various fully functional musical instruments especially designed for children between 0-8 years of age such as drums, guitars, keyboards and microphones among others.
Instruments designed particularly for children usually have better quality than those aimed at older kids. Moreover, these toys are more colorful and visually appealing which makes them popular among small kids across the world who can identify with their favorite cartoon character playing an actual instrument on screen or in real life thereby encouraging them to practice music too.
Regional Analysis:
North America dominated the global kids musical instrument market in 2017. The U.S., as a leading nation in the music industry, has a large number of fully functional instruments for sale. Moreover, parents are willing to spend more money on their children's musical education due to which vendors are trying to capitalize by coming up with new products and innovations. Asia Pacific is expected to be one of the fastest-growing markets over the forecast period owing to increasing disposable income levels and rising population of working millennials & Generation Z who prefer using smartphones, tablets, laptops etc.; instead of traditional toys during leisure time. This has resulted in an increase in demand for music apps that help develop skills such as rhythm and melody along with keyboarding ability thereby boosting sales across this region significantly over past few years.
Growth Factors:
- Increasing demand for kids musical instruments from the music education sector
- Rising popularity of music as a form of self-expression among children
- Growing number of parents who are willing to invest in quality musical instruments for their children
- Proliferation of online and offline retail channels that sell kids musical instruments
- Advances in technology that have led to the development of new and innovative types of kids musical instruments
Scope Of The Report
Report Attributes
Report Details
Report Title
Kids Musical Instrument Market Research Report
By Type
Mini Fully Functional Instrument, Toy (Not Fully Functional), Other
By Application
For Toddlers, For Children
By Companies
Disney, First Act, Newever, Neliblu, Melissa & Doug, Woodstock Chimes, Vtech, KF baby, Nino Percussion, Kidzlane, First Note USA, Fun Central, Journey-trade, Hape, Talentstar, IQ Toys, Remo, MoTrent, RockJam, Hohner Kids, Schylling, Toy Wonders
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Kids Musical Instrument Market Report Segments:
The global Kids Musical Instrument market is segmented on the basis of:
Types
Mini Fully Functional Instrument, Toy (Not Fully Functional), Other
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
For Toddlers, For Children
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:
- Disney
- First Act
- Newever
- Neliblu
- Melissa & Doug
- Woodstock Chimes
- Vtech
- KF baby
- Nino Percussion
- Kidzlane
- First Note USA
- Fun Central
- Journey-trade
- Hape
- Talentstar
- IQ Toys
- Remo
- MoTrent
- RockJam
- Hohner Kids
- Schylling
- Toy Wonders
Highlights of The Kids Musical Instrument 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:
- Mini Fully Functional Instrument
- Toy (Not Fully Functional)
- Other
- By Application:
- For Toddlers
- For Children
- 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 Kids Musical Instrument 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.
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- Correctly Positioning New Products
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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?
Kids Musical Instrument is a term used to describe any instrument that is designed for children. This can include instruments like guitars, drums, and pianos.
Some of the key players operating in the kids musical instrument market are Disney, First Act, Newever, Neliblu, Melissa & Doug, Woodstock Chimes, Vtech, KF baby, Nino Percussion, Kidzlane, First Note USA, Fun Central, Journey-trade, Hape, Talentstar, IQ Toys, Remo, MoTrent, RockJam, Hohner Kids, Schylling, Toy Wonders.
The kids musical instrument market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Kids Musical Instrument Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Kids Musical Instrument Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Kids Musical Instrument Market - Supply Chain
4.5. Global Kids Musical Instrument Market Forecast
4.5.1. Kids Musical Instrument Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Kids Musical Instrument Market Size (000 Units) and Y-o-Y Growth
4.5.3. Kids Musical Instrument Market Absolute $ Opportunity
5. Global Kids Musical Instrument Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Kids Musical Instrument Market Size and Volume Forecast by Type
5.3.1. Mini Fully Functional Instrument
5.3.2. Toy (Not Fully Functional)
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Kids Musical Instrument Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Kids Musical Instrument Market Size and Volume Forecast by Application
6.3.1. For Toddlers
6.3.2. For Children
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Kids Musical Instrument Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Kids Musical Instrument Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Kids Musical Instrument Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Kids Musical Instrument Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Kids Musical Instrument Demand Share Forecast, 2019-2026
9. North America Kids Musical Instrument Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Kids Musical Instrument Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Kids Musical Instrument Market Size and Volume Forecast by Application
9.4.1. For Toddlers
9.4.2. For Children
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Kids Musical Instrument Market Size and Volume Forecast by Type
9.7.1. Mini Fully Functional Instrument
9.7.2. Toy (Not Fully Functional)
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Kids Musical Instrument Demand Share Forecast, 2019-2026
10. Latin America Kids Musical Instrument Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Kids Musical Instrument Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Kids Musical Instrument Market Size and Volume Forecast by Application
10.4.1. For Toddlers
10.4.2. For Children
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Kids Musical Instrument Market Size and Volume Forecast by Type
10.7.1. Mini Fully Functional Instrument
10.7.2. Toy (Not Fully Functional)
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Kids Musical Instrument Demand Share Forecast, 2019-2026
11. Europe Kids Musical Instrument Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Kids Musical Instrument Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Kids Musical Instrument Market Size and Volume Forecast by Application
11.4.1. For Toddlers
11.4.2. For Children
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Kids Musical Instrument Market Size and Volume Forecast by Type
11.7.1. Mini Fully Functional Instrument
11.7.2. Toy (Not Fully Functional)
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Kids Musical Instrument Demand Share, 2019-2026
12. Asia Pacific Kids Musical Instrument Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Kids Musical Instrument Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Kids Musical Instrument Market Size and Volume Forecast by Application
12.4.1. For Toddlers
12.4.2. For Children
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Kids Musical Instrument Market Size and Volume Forecast by Type
12.7.1. Mini Fully Functional Instrument
12.7.2. Toy (Not Fully Functional)
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Kids Musical Instrument Demand Share, 2019-2026
13. Middle East & Africa Kids Musical Instrument Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Kids Musical Instrument Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Kids Musical Instrument Market Size and Volume Forecast by Application
13.4.1. For Toddlers
13.4.2. For Children
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Kids Musical Instrument Market Size and Volume Forecast by Type
13.7.1. Mini Fully Functional Instrument
13.7.2. Toy (Not Fully Functional)
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Kids Musical Instrument Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Kids Musical Instrument Market: Market Share Analysis
14.2. Kids Musical Instrument Distributors and Customers
14.3. Kids Musical Instrument Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Disney
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. First Act
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Newever
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Neliblu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Melissa & Doug
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Woodstock Chimes
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vtech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KF baby
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nino Percussion
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kidzlane
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. First Note USA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fun Central
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Journey-trade
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hape
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Talentstar
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. IQ Toys
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Remo
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. MoTrent
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. RockJam
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hohner Kids
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook