Global Guitar Strings Market Growth (Status and Outlook) 2025-2031

The global Guitar Strings market size is predicted to grow from US$ 815 million in 2025 to US$ 1028 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

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.

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.

LPI (LP Information)' newest research report, the “Guitar Strings Industry Forecast” looks at past sales and reviews total world Guitar Strings sales in 2024, providing a comprehensive analysis by region and market sector of projected Guitar Strings sales for 2025 through 2031. With Guitar Strings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Guitar Strings industry.

This Insight Report provides a comprehensive analysis of the global Guitar Strings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Guitar Strings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Guitar Strings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Guitar Strings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Guitar Strings.

This report presents a comprehensive overview, market shares, and growth opportunities of Guitar Strings market by product type, application, key players and key regions and countries.

Segmentation by Type:
Light
Custom Light
Extra Light
Others

Segmentation by Application:
Electric Guitar Strings
Acoustic Guitar Strings

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
D'Addario
Ernie Ball
Martin
Fender
Gibson
GHS
Elixir
Rotosound
DR Strings
Dean Markley
Everly
Augustine
Dunlop

Please note: The report will take approximately 2 business days to prepare and deliver.