India Musical Instruments Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Indian musical instruments market is expected to witness a CAGR of 11.5% over the forecast period (2021-2026). According to the Aerosol Science and Technology Journal, the amount of aerosol produced by playing woodwind and brass instruments is less than that created by vocalizing (speaking and singing). It is comparable to that produced by breathing. During the pandemic era, this had a tremendous impact on customer purchasing behavior.
Key HighlightsThe Indian musical instruments market is consolidated, with the presence of a few major companies. The companies are continuously investing in making strategic partnerships and product developments to gain more market share.
In September 2021, Yamaha Music India added two new models to its Made in India guitar lineup: the Yamaha FX280 and Yamaha FSX80C. The models were designed to produce an exceptional acoustic tone and resonance aid in reproducing the realistic tone and dynamics, thus, making them ideal for both novice and advanced performers.
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