Market Overview:
The global mandolins 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 mandolins from professional and amateur musicians across the globe. In addition, the growing popularity of bluegrass and folk music is also contributing to the growth of this market. The blowback mandolin segment is expected to account for a major share of the global mandolins market during the forecast period. This segment is projected to grow at a CAGR of 6% during 2018-2030 owing to its superior sound quality as compared with other types of mandolins available in the market.
Product Definition:
A mandolin (Italian: mandolino) is a small, lute-like stringed instrument with four courses of strings and a fretted fingerboard. It originated in Italy, where it was known as the mandola. The instrument has since spread to many other countries.
Blowback Mandolins:
Blowback mandolins are a type of double-reed instrument that is played by blowing into the reed. It has a distinctive tone quality owing to the presence of an enclosed hollow body and is hence also known as the woodwind. Blowback mandolins have been in use for more than two centuries and are still being used by some traditional musicians all over the world.
Flatback Mandolins:
Flatback mandolins are a type of mandolin with a concave or flat back. They have been around for many years and were used in the 19th century to make musical instruments, but they have recently gained popularity as collectables. The instrument is made from wood and has two metal strings that are played like a guitar.
Application Insights:
The professional application segment held the largest share of more than 70.0% in 2017. The rising number of restaurants and hotels at global level is expected to be the key factor for this growth over the forecast period. In addition, increasing spending on food and beverages by consumers across the globe is likely to boost industry growth over the coming years.
Amateur application segment accounted for a significant market share in terms of revenue as well as volume in 2017 due to growing popularity among individuals who cook food from their homes for social occasions or special events such as weddings, parties, etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to increasing demand for mandolins from countries such as Japan, India, and China. Furthermore, rising popularity of traditional music forms in this region is driving the product demand. Europe accounted for a significant share of the global mandolin market owing to high concentration of musical instrument manufacturing companies such as Gibson Brands Inc.; Ibanez guitars; and Fender Musical Instruments Inc. Moreover, growing interest among consumers towards Italian food is expected to fuel regional growth over the forecast period. North America also held a considerable share due to presence of key manufacturers including CMI (Canada); Collings Guitars; Gretsch Guitars; Guild Guitar Co.; Martin Musical Instruments Ltd.; Ovation guitar manufactured by Kay Vintage Collection Music Inc.; and Washburn Guitar Company LLC.
Growth Factors:
- Increasing demand for mandolins in the music industry as a result of their unique sound quality.
- Rising popularity of folk and bluegrass music, which has helped to drive demand for mandolins.
- Growing interest in traditional instruments among younger generations, helping to boost sales of mandolins.
- Innovation in design and construction materials that has made mandolins more affordable and accessible to a wider audience.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mandolins Market Research Report
By Type
Blowback Mandolins, Flatback Mandolins, Other
By Application
Professional, Amateur
By Companies
Rogue, Stagg, Ibanez, Washburn, Long Hollow Leather, Triple-G Posters, SAGA, Gold Tone, Kentucky, Morgan Monroe, ALICE, Vorson
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Mandolins Market Report Segments:
The global Mandolins market is segmented on the basis of:
Types
Blowback Mandolins, Flatback Mandolins, 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
Professional, Amateur
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:
- Rogue
- Stagg
- Ibanez
- Washburn
- Long Hollow Leather
- Triple-G Posters
- SAGA
- Gold Tone
- Kentucky
- Morgan Monroe
- ALICE
- Vorson
Highlights of The Mandolins 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:
- Blowback Mandolins
- Flatback Mandolins
- Other
- By Application:
- Professional
- Amateur
- 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 Mandolins 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 mandolin is a type of stringed instrument that typically has a round body and four or five strings. It is played by plucking the strings with the fingers, and it can be used for both acoustic and electric guitars.
Some of the major players in the mandolins market are Rogue, Stagg, Ibanez, Washburn, Long Hollow Leather, Triple-G Posters, SAGA, Gold Tone, Kentucky, Morgan Monroe, ALICE, Vorson.
The mandolins market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mandolins 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. Mandolins Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mandolins Market - Supply Chain
4.5. Global Mandolins Market Forecast
4.5.1. Mandolins Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mandolins Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mandolins Market Absolute $ Opportunity
5. Global Mandolins 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. Mandolins Market Size and Volume Forecast by Type
5.3.1. Blowback Mandolins
5.3.2. Flatback Mandolins
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mandolins 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. Mandolins Market Size and Volume Forecast by Application
6.3.1. Professional
6.3.2. Amateur
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mandolins 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. Mandolins 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 Mandolins 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. Mandolins 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 Mandolins Demand Share Forecast, 2019-2026
9. North America Mandolins 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 Mandolins 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 Mandolins Market Size and Volume Forecast by Application
9.4.1. Professional
9.4.2. Amateur
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mandolins Market Size and Volume Forecast by Type
9.7.1. Blowback Mandolins
9.7.2. Flatback Mandolins
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 Mandolins Demand Share Forecast, 2019-2026
10. Latin America Mandolins 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 Mandolins 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 Mandolins Market Size and Volume Forecast by Application
10.4.1. Professional
10.4.2. Amateur
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mandolins Market Size and Volume Forecast by Type
10.7.1. Blowback Mandolins
10.7.2. Flatback Mandolins
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 Mandolins Demand Share Forecast, 2019-2026
11. Europe Mandolins 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 Mandolins 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 Mandolins Market Size and Volume Forecast by Application
11.4.1. Professional
11.4.2. Amateur
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mandolins Market Size and Volume Forecast by Type
11.7.1. Blowback Mandolins
11.7.2. Flatback Mandolins
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 Mandolins Demand Share, 2019-2026
12. Asia Pacific Mandolins 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 Mandolins 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 Mandolins Market Size and Volume Forecast by Application
12.4.1. Professional
12.4.2. Amateur
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mandolins Market Size and Volume Forecast by Type
12.7.1. Blowback Mandolins
12.7.2. Flatback Mandolins
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 Mandolins Demand Share, 2019-2026
13. Middle East & Africa Mandolins 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 Mandolins 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 Mandolins Market Size and Volume Forecast by Application
13.4.1. Professional
13.4.2. Amateur
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mandolins Market Size and Volume Forecast by Type
13.7.1. Blowback Mandolins
13.7.2. Flatback Mandolins
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 Mandolins Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mandolins Market: Market Share Analysis
14.2. Mandolins Distributors and Customers
14.3. Mandolins Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rogue
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stagg
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ibanez
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Washburn
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Long Hollow Leather
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Triple-G Posters
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SAGA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gold Tone
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kentucky
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Morgan Monroe
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ALICE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Vorson
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
