Market Overview:
The global spruce body acoustic guitar 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 acoustic guitars across different applications, such as professional performance, learning and training, and individual amateurs. In addition, the growing popularity of blues and country music is also propelling the demand for acoustic guitars globally. Based on type, the global spruce body acoustic guitar market can be segmented into O type, A type, D type, G type,, and others. Among these types, O type acoustics are witnessing high demand due to their traditional design and sound quality. By application,, professional performance accounted for a major share of the global spruce body acoustic guitar market in 2017 owing to rising popularity of music concerts across different geographies.
Product Definition:
A spruce body acoustic guitar is a type of acoustic guitar that has a body made from spruce wood. Spruce is a strong, lightweight wood that produces a clear, bright tone. This makes it ideal for use in acoustic guitars.
O Type:
O type is one of the rarest and purest forms of wood. It has very few properties in common with other spruce trees. O pine tree has a lower density than its related species, such as picea abies or Pinus contorta, and it’s also much lighter than the scots pine which makes it easier to float down stream.
A Type:
A type is also known as Spruce Body or Poplar Body. It is generally used for the outermost layer of a guitar and it helps in improving the overall sound quality of instrument by decreasing unwanted frequencies. The selection of wood for making a guitar can have an impact on its tonal qualities, so it’s important to use right wood for making desired tone.
Application Insights:
The professional performance segment held the largest market share of more than 60% in 2017. This is attributed to the growing number of bands and solo artists using acoustic guitars for live performances. The individual amateur segment is expected to witness the fastest growth over the forecast period owing to increasing demand from young players who prefer learning on a guitar rather than an electric or synthesizer guitar.
The band category includes rock, pop, jazz, blues and other genres of music that use acoustic guitars as their main instrument.
Regional Analysis:
North America dominated the global market in 2017. The regional growth is attributed to the presence of a large number of acoustic guitar players. Europe also held a significant share in terms of revenue and is expected to witness considerable growth over the forecast period. Asia Pacific, on the other hand, is anticipated to register fastest CAGR from 2018 to 2030 owing primarilyto rising interest among music listeners towards Indian classical music and western popular music performed using spruce-body acoustic guitars.
Growth Factors:
- Increasing demand for acoustic guitars from the music industry
- Rising popularity of folk and country music genres
- Growing number of guitar enthusiasts and hobbyists
- Proliferation of online platforms for selling musical instruments
- Technological advancements in acoustic guitar manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Spruce Body Acoustic Guitar Market Research Report
By Type
O Type, A Type, D Type, G Type,
By Application
Professional Performance, Learning and Training, Individual Amateurs,
By Companies
Martin, Taylor, LARRIVEE, Lakewood, S.Yairi, Fender, Gibson, Ibanez, Paul Reed Smith Guitar, Santa Cruz, ESP, CORT, B.C.RICH, Fender, Yamaha, Seagull
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Spruce Body Acoustic Guitar Market Report Segments:
The global Spruce Body Acoustic Guitar market is segmented on the basis of:
Types
O Type, A Type, D Type, G Type,
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 Performance, Learning and Training, Individual Amateurs,
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
- Fender
- Yamaha
- Seagull
Highlights of The Spruce Body Acoustic 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:
- O Type
- A Type
- D Type
- G Type
- By Application:
- Professional Performance
- Learning and Training
- Individual Amateurs
- 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 Spruce Body Acoustic 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 spruce body acoustic guitar is made from a single piece of wood that has been cut down to the desired shape and then glued together. This type of guitar is popular because it produces a brighter sound than other types, and it's also easier to keep in tune.
Some of the key players operating in the spruce body acoustic guitar market are Martin, Taylor, LARRIVEE, Lakewood, S.Yairi, Fender, Gibson, Ibanez, Paul Reed Smith Guitar, Santa Cruz, ESP, CORT, B.C.RICH, Fender, Yamaha, Seagull.
The spruce body acoustic guitar 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. Spruce Body Acoustic Guitar 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. Spruce Body Acoustic Guitar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spruce Body Acoustic Guitar Market - Supply Chain
4.5. Global Spruce Body Acoustic Guitar Market Forecast
4.5.1. Spruce Body Acoustic Guitar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spruce Body Acoustic Guitar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spruce Body Acoustic Guitar Market Absolute $ Opportunity
5. Global Spruce Body Acoustic Guitar 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. Spruce Body Acoustic Guitar Market Size and Volume Forecast by Type
5.3.1. O Type
5.3.2. A Type
5.3.3. D Type
5.3.4. G Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spruce Body Acoustic Guitar 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. Spruce Body Acoustic Guitar Market Size and Volume Forecast by Application
6.3.1. Professional Performance
6.3.2. Learning and Training
6.3.3. Individual Amateurs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spruce Body Acoustic Guitar 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. Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar 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. Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar Demand Share Forecast, 2019-2026
9. North America Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar Market Size and Volume Forecast by Application
9.4.1. Professional Performance
9.4.2. Learning and Training
9.4.3. Individual Amateurs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spruce Body Acoustic Guitar Market Size and Volume Forecast by Type
9.7.1. O Type
9.7.2. A Type
9.7.3. D Type
9.7.4. G Type
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 Spruce Body Acoustic Guitar Demand Share Forecast, 2019-2026
10. Latin America Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar Market Size and Volume Forecast by Application
10.4.1. Professional Performance
10.4.2. Learning and Training
10.4.3. Individual Amateurs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spruce Body Acoustic Guitar Market Size and Volume Forecast by Type
10.7.1. O Type
10.7.2. A Type
10.7.3. D Type
10.7.4. G Type
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 Spruce Body Acoustic Guitar Demand Share Forecast, 2019-2026
11. Europe Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar Market Size and Volume Forecast by Application
11.4.1. Professional Performance
11.4.2. Learning and Training
11.4.3. Individual Amateurs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spruce Body Acoustic Guitar Market Size and Volume Forecast by Type
11.7.1. O Type
11.7.2. A Type
1.7.3. D Type
11.7.4. G Type
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 Spruce Body Acoustic Guitar Demand Share, 2019-2026
12. Asia Pacific Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar Market Size and Volume Forecast by Application
12.4.1. Professional Performance
12.4.2. Learning and Training
12.4.3. Individual Amateurs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spruce Body Acoustic Guitar Market Size and Volume Forecast by Type
12.7.1. O Type
12.7.2. A Type
12.7.3. D Type
12.7.4. G Type
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 Spruce Body Acoustic Guitar Demand Share, 2019-2026
13. Middle East & Africa Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar 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 Spruce Body Acoustic Guitar Market Size and Volume Forecast by Application
13.4.1. Professional Performance
13.4.2. Learning and Training
13.4.3. Individual Amateurs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spruce Body Acoustic Guitar Market Size and Volume Forecast by Type
13.7.1. O Type
13.7.2. A Type
13.7.3. D Type
13.7.4. G Type
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 Spruce Body Acoustic Guitar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spruce Body Acoustic Guitar Market: Market Share Analysis
14.2. Spruce Body Acoustic Guitar Distributors and Customers
14.3. Spruce Body Acoustic Guitar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Martin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Taylor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LARRIVEE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lakewood
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. S.Yairi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fender
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gibson
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ibanez
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Paul Reed Smith Guitar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Santa Cruz
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ESP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CORT
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. B.C.RICH
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fender
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yamaha
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Seagull
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
