The global plucked string instruments market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for plucked string instruments in various applications such as professional players and amateur players. Stringed instruments are used in various applications such as professional players and amateur players, which are driving the growth of this market.
- String instruments are a popular choice for musicians because they are relatively easy to learn and play.
- String instruments can be played in a variety of genres, including classical, jazz, rock, and folk music.
- String instruments are often used in orchestras and chamber groups because they produce a full sound that is not as easily achieved with other types of instruments such as woodwinds or brass instruments.
- The popularity of stringed instrument music has increased over the past few decades due to the rise in popularity of folk music and bluegrass bands such as Mumford & Sons and The Avett Brothers.
- Stringed instrument music is also popular among children who take lessons on these types of instruments.
Industry Growth Insights published a new data on “Plucked String Instruments Market”. The research report is titled “Plucked String Instruments Market research by Types (Banjo, Ukulele, Guitar, Harp, Lute, Mandolin), By Applications (Professional Player, Amateur Player), By Players/Companies Alfred, AQUILA, Carl Fischer, Endust, FJH Music, Hal Leonard, Homespun, KJOS, Mel Bay, Rhythm Band, Ashbury, Shadow, D'Addario, Headway, Kala Ukuleles, Timber Tone, Viking, Belcat, Dunlop, Headway, Lag, String Swing, Yamaha, Deering, Golden Gate, John Pearse, Saga, Viking, Waltons”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plucked String Instruments Market Research Report
By Type
Banjo, Ukulele, Guitar, Harp, Lute, Mandolin
By Application
Professional Player, Amateur Player
By Companies
Alfred, AQUILA, Carl Fischer, Endust, FJH Music, Hal Leonard, Homespun, KJOS, Mel Bay, Rhythm Band, Ashbury, Shadow, D'Addario, Headway, Kala Ukuleles, Timber Tone, Viking, Belcat, Dunlop, Headway, Lag, String Swing, Yamaha, Deering, Golden Gate, John Pearse, Saga, Viking, Waltons
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Plucked String Instruments Market Report Segments:
The global Plucked String Instruments market is segmented on the basis of:
Types
Banjo, Ukulele, Guitar, Harp, Lute, Mandolin
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 Player, Amateur Player
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:
- Alfred
- AQUILA
- Carl Fischer
- Endust
- FJH Music
- Hal Leonard
- Homespun
- KJOS
- Mel Bay
- Rhythm Band
- Ashbury
- Shadow
- D'Addario
- Headway
- Kala Ukuleles
- Timber Tone
- Viking
- Belcat
- Dunlop
- Headway
- Lag
- String Swing
- Yamaha
- Deering
- Golden Gate
- John Pearse
- Saga
- Viking
- Waltons
Highlights of The Plucked String Instruments 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:
- Banjo
- Ukulele
- Guitar
- Harp
- Lute
- Mandolin
- By Application:
- Professional Player
- Amateur Player
- 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 Plucked String Instruments 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?
A plucked string instrument is a musical instrument that uses a string to produce sound. The strings are usually plucked with the fingers, and the sound is produced by pressing down on the string with a finger or thumb.
Some of the key players operating in the plucked string instruments market are Alfred, AQUILA, Carl Fischer, Endust, FJH Music, Hal Leonard, Homespun, KJOS, Mel Bay, Rhythm Band, Ashbury, Shadow, D'Addario, Headway, Kala Ukuleles, Timber Tone, Viking, Belcat, Dunlop, Headway, Lag, String Swing, Yamaha, Deering, Golden Gate, John Pearse, Saga, Viking, Waltons.
The plucked string instruments market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plucked String Instruments 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. Plucked String Instruments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plucked String Instruments Market - Supply Chain
4.5. Global Plucked String Instruments Market Forecast
4.5.1. Plucked String Instruments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plucked String Instruments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plucked String Instruments Market Absolute $ Opportunity
5. Global Plucked String Instruments 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. Plucked String Instruments Market Size and Volume Forecast by Type
5.3.1. Banjo
5.3.2. Ukulele
5.3.3. Guitar
5.3.4. Harp
5.3.5. Lute
5.3.6. Mandolin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plucked String Instruments 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. Plucked String Instruments Market Size and Volume Forecast by Application
6.3.1. Professional Player
6.3.2. Amateur Player
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plucked String Instruments 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. Plucked String Instruments 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 Plucked String Instruments 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. Plucked String Instruments 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 Plucked String Instruments Demand Share Forecast, 2019-2026
9. North America Plucked String Instruments 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 Plucked String Instruments 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 Plucked String Instruments Market Size and Volume Forecast by Application
9.4.1. Professional Player
9.4.2. Amateur Player
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plucked String Instruments Market Size and Volume Forecast by Type
9.7.1. Banjo
9.7.2. Ukulele
9.7.3. Guitar
9.7.4. Harp
9.7.5. Lute
9.7.6. Mandolin
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 Plucked String Instruments Demand Share Forecast, 2019-2026
10. Latin America Plucked String Instruments 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 Plucked String Instruments 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 Plucked String Instruments Market Size and Volume Forecast by Application
10.4.1. Professional Player
10.4.2. Amateur Player
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plucked String Instruments Market Size and Volume Forecast by Type
10.7.1. Banjo
10.7.2. Ukulele
10.7.3. Guitar
10.7.4. Harp
10.7.5. Lute
10.7.6. Mandolin
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 Plucked String Instruments Demand Share Forecast, 2019-2026
11. Europe Plucked String Instruments 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 Plucked String Instruments 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 Plucked String Instruments Market Size and Volume Forecast by Application
11.4.1. Professional Player
11.4.2. Amateur Player
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plucked String Instruments Market Size and Volume Forecast by Type
11.7.1. Banjo
11.7.2. Ukulele
11.7.3. Guitar
11.7.4. Harp
11.7.5. Lute
11.7.6. Mandolin
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 Plucked String Instruments Demand Share, 2019-2026
12. Asia Pacific Plucked String Instruments 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 Plucked String Instruments 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 Plucked String Instruments Market Size and Volume Forecast by Application
12.4.1. Professional Player
12.4.2. Amateur Player
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plucked String Instruments Market Size and Volume Forecast by Type
12.7.1. Banjo
12.7.2. Ukulele
12.7.3. Guitar
12.7.4. Harp
12.7.5. Lute
12.7.6. Mandolin
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 Plucked String Instruments Demand Share, 2019-2026
13. Middle East & Africa Plucked String Instruments 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 Plucked String Instruments 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 Plucked String Instruments Market Size and Volume Forecast by Application
13.4.1. Professional Player
13.4.2. Amateur Player
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plucked String Instruments Market Size and Volume Forecast by Type
13.7.1. Banjo
13.7.2. Ukulele
13.7.3. Guitar
13.7.4. Harp
13.7.5. Lute
13.7.6. Mandolin
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 Plucked String Instruments Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plucked String Instruments Market: Market Share Analysis
14.2. Plucked String Instruments Distributors and Customers
14.3. Plucked String Instruments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alfred
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AQUILA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Carl Fischer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Endust
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FJH Music
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hal Leonard
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Homespun
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KJOS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mel Bay
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rhythm Band
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ashbury
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shadow
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. D'Addario
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Headway
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kala Ukuleles
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Timber Tone
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Viking
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Belcat
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dunlop
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Headway
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
