Global Guitar Strings Market 2024 by Company, Regions, Type and Application, Forecast to 2030
A string is the vibrating element that produces sound in string instruments such as the guitar. The quality of the materials, the gauge of the strings, the winding methods, and special coatings all influence the sound and performance of a guitar.
According to our (Global Info Research) latest study, the global Guitar Strings market size was valued at US$ 829 million in 2023 and is forecast to a readjusted size of USD 1066 million by 2030 with a CAGR of 3.7% during review period.
Therefore, market share concentration is relatively low. The two largest operators account for about 23% of total industry revenue. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. It’s still Ernie Ball and probably D’Addario that are the market leaders in string sales, with Martin, Fender and Gibson following closely behind and companies like GHS, Elixir, Rotosound, DR Strings, Dean Markley, Everly, Augustine and Dunlop all contributing to the numbers.
This report is a detailed and comprehensive analysis for global Guitar Strings market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Guitar Strings market size and forecasts, in consumption value ($ Million), 2019-2030
Global Guitar Strings market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Guitar Strings market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Guitar Strings market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Guitar Strings
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Guitar Strings market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include D'Addario, Ernie Ball, Martin, Fender, Gibson, GHS, Elixir, Rotosound, DR Strings, Dean Markley, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Guitar Strings market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Guitar Strings market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Light
Custom Light
Extra Light
Others
Market segment by Application
Electric Guitar Strings
Acoustic Guitar Strings
Market segment by players, this report covers
D'Addario
Ernie Ball
Martin
Fender
Gibson
GHS
Elixir
Rotosound
DR Strings
Dean Markley
Everly
Augustine
Dunlop
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Guitar Strings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Guitar Strings, with revenue, gross margin, and global market share of Guitar Strings from 2019 to 2024.
Chapter 3, the Guitar Strings competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Guitar Strings market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Guitar Strings.
Chapter 13, to describe Guitar Strings research findings and conclusion.