Europe Guitar Market to 2032
Overview
The Europe Guitar Market is expected to reach a 6.67 USD Billion by 2032 and is projected to grow at a CAGR of 4.75% from 2025 to 2032.
Revenue, 2024 (USD Billion)
4.82
Forecast, 2032 (USD Billion)
6.67
CAGR, 2024 - 2032
4.75%
Report Coverage
Europe
Europe Guitar Market 2018-2032 USD Billion
Europe Guitar Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 4.82 USD Billion
- Projected Market Size (2032): 6.67 USD Billion
- CAGR (2025-2032): 4.75%
Key Findings of Europe Guitar Market
- The Europe Guitar Market was valued at 4.82 USD Billion in 2024.
- The Europe Guitar Market is likely to grow at a CAGR of 4.75% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Six Strings in Number of Strings Segment accounted for the largest share of the market with a revenue of 4.03 USD Billion
- The fastest growing segment Black in Color Segment grew Fastest with a CAGR of 5.73% during the forecast period from 2024 to 2032.
Europe Guitar Market Scope
Europe Guitar Market Segmentation & Scope
Type
- Others1
- Double Neck Guitar1
- Lap Steel Guitar1
- Extended Range Electric Guitar1
- Resonator1
- Bass Guitar1
- Classical Guitar1
- Electric-Acoustic Guitar1
- Electric Guitar1
- Acoustic Guitar1
Wood Material
- Laminate
- Solid
Application
- Others11
- Individual Amateurs
- Learning and Training
- Professional Performance
Neck Shape
- Others6
- V Neck
- U Neck
- C Neck
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Eight Strings
- Six Strings
String Material
- Others7
- Nylon
- Steel
Music Type
- Others8
- Traditional
- Electronica
- Jazz
- Metal
- Pop
- Blues
- Rock
Tailpiece
- String-Through Body
- Hard Tail
- Floating Tailpiece
- Vibrato Arms
Covers
- Others5
- Hollow Body
- Semi-Hollow Body
- Solid Body
Distribution Channel
- Others10
- Supermarkets/Hypermarkets
- E-Commerce
- Specialty Stores/Music Stores
Color
- Amber
- Light Yellow
- Light Tan
- Others9
- Red
- Brown
- Black
Europe Guitar Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 4.82 USD Billion |
| Market Value in 2032 | 6.67 USD Billion |
| CAGR (2025-2032) | 4.75% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Wood Material,Application,Neck Shape,Number of Strings,String Material,Music Type,Tailpiece,Covers,Distribution Channel,Color |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 4.82 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 1,109.74 USD Million in 2024.
Segments and Scope
-
Europe Guitar Market to 2032, By Type
- Acoustic Guitar1 is the largest segment in Europe Guitar Market to 2032 with a revenue of 2.11 USD Billion in the year 2024.
- Electric Guitar1 is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 4.24 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Wood Material
- Solid is the largest segment in Europe Guitar Market to 2032 with a revenue of 3.81 USD Billion in the year 2024.
- Solid is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 4.83 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Application
- Professional Performance is the largest segment in Europe Guitar Market to 2032 with a revenue of 2.21 USD Billion in the year 2024.
- Professional Performance is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 5.09 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Neck Shape
- C Neck is the largest segment in Europe Guitar Market to 2032 with a revenue of 2.21 USD Billion in the year 2024.
- C Neck is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 5.09 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Number of Strings
- Six Strings is the largest segment in Europe Guitar Market to 2032 with a revenue of 4.03 USD Billion in the year 2024.
- Six Strings is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 4.82 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By String Material
- Steel is the largest segment in Europe Guitar Market to 2032 with a revenue of 2.73 USD Billion in the year 2024.
- Steel is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 4.91 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Music Type
- Rock is the largest segment in Europe Guitar Market to 2032 with a revenue of 1.73 USD Billion in the year 2024.
- Rock is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 5.33 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Tailpiece
- Vibrato Arms is the largest segment in Europe Guitar Market to 2032 with a revenue of 2.05 USD Billion in the year 2024.
- Vibrato Arms is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 5.11 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Covers
- Solid Body is the largest segment in Europe Guitar Market to 2032 with a revenue of 3.14 USD Billion in the year 2024.
- Solid Body is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 4.88 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Distribution Channel
- Specialty Stores/Music Stores is the largest segment in Europe Guitar Market to 2032 with a revenue of 1.87 USD Billion in the year 2024.
- Specialty Stores/Music Stores is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 5.14 % in forecast period 2025-2032.
-
Europe Guitar Market to 2032, By Color
- Black is the largest segment in Europe Guitar Market to 2032 with a revenue of 1.39 USD Billion in the year 2024.
- Black is the Fastest growing segment in Europe Guitar Market to 2032 with a Growth rate of 5.73 % in forecast period 2025-2032.
Europe Guitar Market Company Share Analysis
| Company Name |
|
||
| Gibson Inc. | |||
| Fender Musical Instruments Corporation | |||
| Ibanez guitars | |||
| Yamaha Corporation | |||
| TAYLOR-LISTUG, INC. | |||
Europe Guitar Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Guitar Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Guitar Market is segmented based on Segmentation Type,Wood Material,Application,Neck Shape,Number of Strings,String Material,Music Type,Tailpiece,Covers,Distribution Channel,Color.
Europe Guitar Market was valued at USD 4.82(Revenue in USD Billion) in 2023.
Europe Guitar Market is projected to grow at a CAGR of 4.75% during the forecast period of 2024 to 2032.
The Six Strings segment is expected to dominate the Europe Guitar Market, holding a largest market share of 4.03 USD Billion in 2024
Europe Guitar Market Scope
Europe Guitar Market Segmentation & Scope
Type
- Others1
- Double Neck Guitar1
- Lap Steel Guitar1
- Extended Range Electric Guitar1
- Resonator1
- Bass Guitar1
- Classical Guitar1
- Electric-Acoustic Guitar1
- Electric Guitar1
- Acoustic Guitar1
Wood Material
- Laminate
- Solid
Application
- Others11
- Individual Amateurs
- Learning and Training
- Professional Performance
Neck Shape
- Others6
- V Neck
- U Neck
- C Neck
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Eight Strings
- Six Strings
String Material
- Others7
- Nylon
- Steel
Music Type
- Others8
- Traditional
- Electronica
- Jazz
- Metal
- Pop
- Blues
- Rock
Tailpiece
- String-Through Body
- Hard Tail
- Floating Tailpiece
- Vibrato Arms
Covers
- Others5
- Hollow Body
- Semi-Hollow Body
- Solid Body
Distribution Channel
- Others10
- Supermarkets/Hypermarkets
- E-Commerce
- Specialty Stores/Music Stores
Color
- Amber
- Light Yellow
- Light Tan
- Others9
- Red
- Brown
- Black
Frequently Asked Questions
The Europe Guitar Market is segmented based on Segmentation Type,Wood Material,Application,Neck Shape,Number of Strings,String Material,Music Type,Tailpiece,Covers,Distribution Channel,Color.
Europe Guitar Market was valued at USD 4.82(Revenue in USD Billion) in 2023.
Europe Guitar Market is projected to grow at a CAGR of 4.75% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Guitar Market for final year is USD 6.67 (USD Billion).
Europe Guitar Market Company Profiling
Frequently Asked Questions
The Europe Guitar Market is segmented based on Segmentation Type,Wood Material,Application,Neck Shape,Number of Strings,String Material,Music Type,Tailpiece,Covers,Distribution Channel,Color.
Europe Guitar Market was valued at USD 4.82(Revenue in USD Billion) in 2023.
Europe Guitar Market is projected to grow at a CAGR of 4.75% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Guitar Market for final year is USD 6.67 (USD Billion).
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