Music Instruments Market Size Worth $9.4 Billion By 2025

  • The wind instruments segment in music instruments market is projected to ascend at a CAGR of 3.1%, on account of high availability and growing preference for traditional music among senior citizens
  • Europe is expected to expand at a CAGR of 3.5% owing to significant product demand in major countries like Germany and France, which are expected to witness a significant influence of western music culture in the projected period
  • In April 2018, as per revised trade rules for shipping musical instruments, instruments containing rosewood require a separate documentation. Illegal rosewood smuggling is carried in out in China, which will hamper use of rosewood in production of high-quality guitars.

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Gaurav Shah

Gaurav Shah

I am working in Market Research Company. So my job in research is to provide answers & guidance to our clients as they relate to marketing and consumer science.