Global Guitar Market to 2032
Overview
The Global Guitar Market is expected to reach a 27.08 USD Billion by 2032 and is projected to grow at a CAGR of 4.30% from 2025 to 2032.
Revenue, 2024 (USD Billion)
19.33
Forecast, 2032 (USD Billion)
27.08
CAGR, 2024 - 2032
4.30%
Report Coverage
Global
Global Guitar Market 2018-2032 USD Billion
Global Guitar Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 19.33 USD Billion
- Projected Market Size (2032): 27.08 USD Billion
- CAGR (2025-2032): 4.30%
Key Findings of Global Guitar Market
- The Global Guitar Market was valued at 27.08 USD Billion in 2024.
- The Global Guitar Market is likely to grow at a CAGR of 4.30% 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 16.16 USD Billion
- The fastest growing segment Black in Color Segment grew Fastest with a CAGR of 5.25% during the forecast period from 2024 to 2032.
Global Guitar Market Scope
Global Guitar Market Segmentation & Scope
Application
- Learning and Training
- Individual Amateurs
- Professional Performance
- Others11
Color
- Others9
- Amber
- Light Yellow
- Red
- Light Tan
- Black
- Brown
Distribution Channel
- Specialty Stores/Music Stores
- E-Commerce
- Supermarkets/Hypermarkets
- Others10
Wood Material
- Solid
- Laminate
Type
- Others1
- Double Neck Guitar1
- Lap Steel Guitar1
- Extended Range Electric Guitar1
- Acoustic Guitar1
- Electric Guitar1
- Electric-Acoustic Guitar1
- Classical Guitar1
- Bass Guitar1
- Resonator1
Covers
- Semi-Hollow Body
- Hollow Body
- Others5
- Solid Body
String Material
- Nylon
- Others7
- Steel
Music Type
- Rock
- Blues
- Pop
- Metal
- Electronica
- Traditional
- Others8
- Jazz
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Six Strings
- Eight Strings
Tailpiece
- Vibrato Arms
- Floating Tailpiece
- Hard Tail
- String-Through Body
Neck Shape
- C Neck
- U Neck
- V Neck
- Others6
Global Guitar Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 19.33 USD Billion |
| Market Value in 2032 | 27.08 USD Billion |
| CAGR (2025-2032) | 4.30% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Color,Distribution Channel,Wood Material,Type,Covers,String Material,Music Type,Number of Strings,Tailpiece,Neck Shape |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 19.33 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 5,237.43 USD Million in 2024.
Segments and Scope
-
Global Guitar Market to 2032, By Application
- Professional Performance is the largest segment in Global Guitar Market to 2032 with a revenue of 8.80 USD Billion in the year 2024.
- Professional Performance is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.57 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Color
- Black is the largest segment in Global Guitar Market to 2032 with a revenue of 5.39 USD Billion in the year 2024.
- Black is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 5.25 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Distribution Channel
- Specialty Stores/Music Stores is the largest segment in Global Guitar Market to 2032 with a revenue of 7.49 USD Billion in the year 2024.
- Specialty Stores/Music Stores is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.68 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Wood Material
- Solid is the largest segment in Global Guitar Market to 2032 with a revenue of 15.22 USD Billion in the year 2024.
- Solid is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.37 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Type
- Acoustic Guitar1 is the largest segment in Global Guitar Market to 2032 with a revenue of 8.39 USD Billion in the year 2024.
- Electric Guitar1 is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 3.91 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Covers
- Solid Body is the largest segment in Global Guitar Market to 2032 with a revenue of 12.57 USD Billion in the year 2024.
- Solid Body is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.42 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By String Material
- Steel is the largest segment in Global Guitar Market to 2032 with a revenue of 10.88 USD Billion in the year 2024.
- Steel is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.45 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Music Type
- Rock is the largest segment in Global Guitar Market to 2032 with a revenue of 6.98 USD Billion in the year 2024.
- Rock is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.83 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Number of Strings
- Six Strings is the largest segment in Global Guitar Market to 2032 with a revenue of 16.16 USD Billion in the year 2024.
- Six Strings is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.37 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Tailpiece
- Vibrato Arms is the largest segment in Global Guitar Market to 2032 with a revenue of 8.05 USD Billion in the year 2024.
- Vibrato Arms is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.62 % in forecast period 2025-2032.
-
Global Guitar Market to 2032, By Neck Shape
- C Neck is the largest segment in Global Guitar Market to 2032 with a revenue of 8.81 USD Billion in the year 2024.
- C Neck is the Fastest growing segment in Global Guitar Market to 2032 with a Growth rate of 4.61 % in forecast period 2025-2032.
Global Guitar Market Company Share Analysis
| Company Name |
|
||
| Gibson Inc. | |||
| Fender Musical Instruments Corporation | |||
| Ibanez guitars | |||
| Yamaha Corporation | |||
| TAYLOR-LISTUG, INC. | |||
Global Guitar Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Guitar Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Guitar Market is segmented based on Segmentation Application,Color,Distribution Channel,Wood Material,Type,Covers,String Material,Music Type,Number of Strings,Tailpiece,Neck Shape.
Global Guitar Market was valued at USD 19.33(Revenue in USD Billion) in 2023.
Global Guitar Market is projected to grow at a CAGR of 4.30% during the forecast period of 2024 to 2032.
The Six Strings segment is expected to dominate the Global Guitar Market, holding a largest market share of 16.16 USD Billion in 2024
Global Guitar Market Scope
Global Guitar Market Segmentation & Scope
Application
- Learning and Training
- Individual Amateurs
- Professional Performance
- Others11
Color
- Others9
- Amber
- Light Yellow
- Red
- Light Tan
- Black
- Brown
Distribution Channel
- Specialty Stores/Music Stores
- E-Commerce
- Supermarkets/Hypermarkets
- Others10
Wood Material
- Solid
- Laminate
Type
- Others1
- Double Neck Guitar1
- Lap Steel Guitar1
- Extended Range Electric Guitar1
- Acoustic Guitar1
- Electric Guitar1
- Electric-Acoustic Guitar1
- Classical Guitar1
- Bass Guitar1
- Resonator1
Covers
- Semi-Hollow Body
- Hollow Body
- Others5
- Solid Body
String Material
- Nylon
- Others7
- Steel
Music Type
- Rock
- Blues
- Pop
- Metal
- Electronica
- Traditional
- Others8
- Jazz
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Six Strings
- Eight Strings
Tailpiece
- Vibrato Arms
- Floating Tailpiece
- Hard Tail
- String-Through Body
Neck Shape
- C Neck
- U Neck
- V Neck
- Others6
Frequently Asked Questions
The Global Guitar Market is segmented based on Segmentation Application,Color,Distribution Channel,Wood Material,Type,Covers,String Material,Music Type,Number of Strings,Tailpiece,Neck Shape.
Global Guitar Market was valued at USD 19.33(Revenue in USD Billion) in 2023.
Global Guitar Market is projected to grow at a CAGR of 4.30% during the forecast period of 2024 to 2032.
The estimated market value of the Global Guitar Market for final year is USD 27.08 (USD Billion).
Global Guitar Market Company Profiling
Frequently Asked Questions
The Global Guitar Market is segmented based on Segmentation Application,Color,Distribution Channel,Wood Material,Type,Covers,String Material,Music Type,Number of Strings,Tailpiece,Neck Shape.
Global Guitar Market was valued at USD 19.33(Revenue in USD Billion) in 2023.
Global Guitar Market is projected to grow at a CAGR of 4.30% during the forecast period of 2024 to 2032.
The estimated market value of the Global Guitar Market for final year is USD 27.08 (USD Billion).
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