South America Guitar Market to 2032
Overview
The South America Guitar Market is expected to reach a 1.81 USD Billion by 2032 and is projected to grow at a CAGR of 4.48% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.34
Forecast, 2032 (USD Billion)
1.81
CAGR, 2024 - 2032
4.48%
Report Coverage
South America
South America Guitar Market 2018-2032 USD Billion
South America Guitar Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.34 USD Billion
- Projected Market Size (2032): 1.81 USD Billion
- CAGR (2025-2032): 4.48%
Key Findings of South America Guitar Market
- The South America Guitar Market was valued at 1.34 USD Billion in 2024.
- The South America Guitar Market is likely to grow at a CAGR of 4.48% 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 1.11 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.
South America Guitar Market Scope
South America 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
Covers
- Others5
- Hollow Body
- Semi-Hollow Body
- Solid Body
Tailpiece
- String-Through Body
- Hard Tail
- Floating Tailpiece
- Vibrato Arms
Neck Shape
- Others6
- V Neck
- U Neck
- C Neck
Application
- Others11
- Individual Amateurs
- Learning and Training
- Professional Performance
Color
- Amber
- Light Yellow
- Light Tan
- Others9
- Red
- Brown
- Black
Distribution Channel
- Others10
- Supermarkets/Hypermarkets
- E-Commerce
- Specialty Stores/Music Stores
Music Type
- Others8
- Traditional
- Electronica
- Jazz
- Metal
- Pop
- Blues
- Rock
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Eight Strings
- Six Strings
String Material
- Others7
- Nylon
- Steel
South America Guitar Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.34 USD Billion |
| Market Value in 2032 | 1.81 USD Billion |
| CAGR (2025-2032) | 4.48% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Wood Material,Covers,Tailpiece,Neck Shape,Application,Color,Distribution Channel,Music Type,Number of Strings,String Material |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 1.34 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 699.37 USD Million in 2024.
Segments and Scope
-
South America Guitar Market to 2032, By Type
- Acoustic Guitar1 is the largest segment in South America Guitar Market to 2032 with a revenue of 579.22 USD Billion in the year 2024.
- Electric Guitar1 is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.10 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Wood Material
- Solid is the largest segment in South America Guitar Market to 2032 with a revenue of 1.05 USD Billion in the year 2024.
- Solid is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.57 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Covers
- Solid Body is the largest segment in South America Guitar Market to 2032 with a revenue of 863.72 USD Billion in the year 2024.
- Solid Body is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.64 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Tailpiece
- Vibrato Arms is the largest segment in South America Guitar Market to 2032 with a revenue of 541.45 USD Billion in the year 2024.
- Vibrato Arms is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.87 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Neck Shape
- C Neck is the largest segment in South America Guitar Market to 2032 with a revenue of 598.07 USD Billion in the year 2024.
- C Neck is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.86 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Application
- Professional Performance is the largest segment in South America Guitar Market to 2032 with a revenue of 596.66 USD Billion in the year 2024.
- Professional Performance is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.77 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Color
- Black is the largest segment in South America Guitar Market to 2032 with a revenue of 348.43 USD Billion in the year 2024.
- Black is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 5.73 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Distribution Channel
- Specialty Stores/Music Stores is the largest segment in South America Guitar Market to 2032 with a revenue of 506.86 USD Billion in the year 2024.
- Specialty Stores/Music Stores is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.97 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Music Type
- Rock is the largest segment in South America Guitar Market to 2032 with a revenue of 469.61 USD Billion in the year 2024.
- Rock is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 5.13 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By Number of Strings
- Six Strings is the largest segment in South America Guitar Market to 2032 with a revenue of 1.11 USD Billion in the year 2024.
- Six Strings is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.55 % in forecast period 2025-2032.
-
South America Guitar Market to 2032, By String Material
- Steel is the largest segment in South America Guitar Market to 2032 with a revenue of 743.67 USD Billion in the year 2024.
- Steel is the Fastest growing segment in South America Guitar Market to 2032 with a Growth rate of 4.66 % in forecast period 2025-2032.
South America Guitar Market Company Share Analysis
| Company Name |
|
||
| Gibson Inc. | |||
| Fender Musical Instruments Corporation | |||
| Ibanez guitars | |||
| Yamaha Corporation | |||
| TAYLOR-LISTUG, INC. | |||
South America Guitar Market Geographical Sales Distribution, 2018-2032 USD Billion
South America Guitar Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Guitar Market is segmented based on Segmentation Type,Wood Material,Covers,Tailpiece,Neck Shape,Application,Color,Distribution Channel,Music Type,Number of Strings,String Material.
South America Guitar Market was valued at USD 1.34(Revenue in USD Billion) in 2023.
South America Guitar Market is projected to grow at a CAGR of 4.48% during the forecast period of 2024 to 2032.
The Six Strings segment is expected to dominate the South America Guitar Market, holding a largest market share of 1.11 USD Billion in 2024
South America Guitar Market Scope
South America 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
Covers
- Others5
- Hollow Body
- Semi-Hollow Body
- Solid Body
Tailpiece
- String-Through Body
- Hard Tail
- Floating Tailpiece
- Vibrato Arms
Neck Shape
- Others6
- V Neck
- U Neck
- C Neck
Application
- Others11
- Individual Amateurs
- Learning and Training
- Professional Performance
Color
- Amber
- Light Yellow
- Light Tan
- Others9
- Red
- Brown
- Black
Distribution Channel
- Others10
- Supermarkets/Hypermarkets
- E-Commerce
- Specialty Stores/Music Stores
Music Type
- Others8
- Traditional
- Electronica
- Jazz
- Metal
- Pop
- Blues
- Rock
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Eight Strings
- Six Strings
String Material
- Others7
- Nylon
- Steel
Frequently Asked Questions
The South America Guitar Market is segmented based on Segmentation Type,Wood Material,Covers,Tailpiece,Neck Shape,Application,Color,Distribution Channel,Music Type,Number of Strings,String Material.
South America Guitar Market was valued at USD 1.34(Revenue in USD Billion) in 2023.
South America Guitar Market is projected to grow at a CAGR of 4.48% during the forecast period of 2024 to 2032.
The estimated market value of the South America Guitar Market for final year is USD 1.81 (USD Billion).
South America Guitar Market Company Profiling
Frequently Asked Questions
The South America Guitar Market is segmented based on Segmentation Type,Wood Material,Covers,Tailpiece,Neck Shape,Application,Color,Distribution Channel,Music Type,Number of Strings,String Material.
South America Guitar Market was valued at USD 1.34(Revenue in USD Billion) in 2023.
South America Guitar Market is projected to grow at a CAGR of 4.48% during the forecast period of 2024 to 2032.
The estimated market value of the South America Guitar Market for final year is USD 1.81 (USD Billion).
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