Global Sheet Music Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Sheet Music Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Sheet music provides the musical alphabet that allows musicians to spell out the words (notes) of their pieces so others can reproduce and enjoy the same melodies, rhythms and chords.

Market Overview:

The latest research study on the global Sheet Music market finds that the global Sheet Music market reached a value of USD 361.42 million in 2022. It’s expected that the market will achieve USD 361.81 million by 2028, exhibiting a CAGR of 0.02% during the forecast period.

Market Drivers

As electronic products evolve, paper, bulky, fragile sheet music may gradually become obsolete. Paper sheet music is too thick, while electronic sheet music is easy and clear to use. The digitalization of music has gradually become one of the development directions of the future cultural industry. As we all know, the musicians of the orchestra will put a sheet of music in front of them when they play, and they will stop playing to turn the pages as needed during the performance. Although good arrangement can minimize the interruption of the performance of the page turning of the score, it is still unavoidable. Even in large-scale performances with hundreds of people at every turn, the noise when turning the score has become a sign of whether the restoration of the sound field is in place. By digitizing the music score, an electronic music score table has been developed that does not require manual page turning, which frees the hands of the performer and allows for artistic expression with peace of mind. And because of the long lead times for paper versions of scores, some publishers may only publish 10 scores per year. It can take 12 to 18 months for a new musical piece to hit the market, or it can be delayed indefinitely due to various factors. With the rise of digital publishing and the emergence of electronic musical scores, the publication of new works has been accelerated, providing practitioners with more choices. The development of electronic music scores is inevitable for the progress of the times, and it also injects vitality into the music score market.

Market Development Constraints

While digital musical scores inject new vitality into the market, they also bring new problems: frequent occurrences of digital musical scores infringement. Music copyright is a general term for the copyright of musical works in the Copyright Law and its extension to the scope of adjacent rights. Because of its certain commodity attributes and economic value, with the progress of the times, copyright has been paid more and more attention. Due to the growing cultural needs of the people, the demand of Sheet Music is also rising. For example, in January 2021, the Christian Music Development Alliance issued a joint statement online, alleging that a website called the Hong Kong Pop Piano Academy had copied and misappropriated music scores published by various Christian music institutions without authorization, and more profit. The statement stated that it will not tolerate any infringement, and requires the Hong Kong Pop Piano Academy to remove the infringing Christian poetry sheet music from the shelves within one month and provide the contact information of the uploader, otherwise legal action will be taken. How to promote copyright protection and purify cyberspace is an important challenge facing the music score market.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview

Hal Leonard Corporation，Bärenreiter，Alfred Music Publishing，Breitkopf & Härtel and Carl Fischer Music are the five key players in the global Sheet Music market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Sheet Music market in the past 5 years.

Hal Leonard Corporation

The world's largest music print publisher, Hal Leonard publishes and distributes products for virtually every instrument and performance group. With sheet music, songbooks, method books, band and choral arrangements, and much more, Hal Leonard offers over 200,000 titles from some of the world's most respected artists.

Alfred Music Publishing

Alfred Music’s passion is supporting music education with a focus on quality methods, performance, and reference materials for teachers, students, and professionals, spanning every musical instrument, style, and difficulty level. Since 1922, Alfred Music has been a world leader in music education and has helped over 10 million individuals learn, teach, and play music through pedagogically sound products.

Segmentation Overview:

Among different product types, In Paper segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Educational Services segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Sheet Music market covered in Chapter 3:

BärenreiterCarl Fischer Music (Theodore Presser Company)Breitkopf & HärtelWarner Music GroupHal Leonard CorporationAlfred Music PublishingNeil A. Kjos Music CompanyPender music

In Chapter 4 and Chapter 14.2, on the basis of types, the Sheet Music market from 2018 to 2029 is primarily split into:

DigitalIn Paper

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sheet Music market from 2018 to 2029 covers:

Educational ServicesReligious OrganizationsWholesale ElectronicConsumers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)