South Korea Guitar Market to 2032
Overview
The South Korea Guitar Market is expected to reach a 557.62 USD Million by 2032 and is projected to grow at a CAGR of 4.88% from 2025 to 2032.
Revenue, 2024 (USD Million)
399.37
Forecast, 2032 (USD Million)
557.62
CAGR, 2024 - 2032
4.88%
Report Coverage
South Korea
South Korea Guitar Market 2018-2032 USD Million
South Korea Guitar Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 399.37 USD Million
- Projected Market Size (2032): 557.62 USD Million
- CAGR (2025-2032): 4.88%
Key Findings of South Korea Guitar Market
- The South Korea Guitar Market was valued at 399.37 USD Million in 2024.
- The South Korea Guitar Market is likely to grow at a CAGR of 4.88% 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 338.68 USD Million
- The fastest growing segment Black in Color Segment grew Fastest with a CAGR of 5.80% during the forecast period from 2024 to 2032.
South Korea Guitar Market Scope
South Korea Guitar Market Segmentation & Scope
Application
- Others11
- Individual Amateurs
- Learning and Training
- Professional Performance
Tailpiece
- String-Through Body
- Hard Tail
- Floating Tailpiece
- Vibrato Arms
Neck Shape
- Others6
- V Neck
- U Neck
- C Neck
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Eight Strings
- Six Strings
Covers
- Others5
- Hollow Body
- Semi-Hollow Body
- Solid Body
Wood Material
- Laminate
- Solid
String Material
- Others7
- Nylon
- Steel
Distribution Channel
- Others10
- Supermarkets/Hypermarkets
- E-Commerce
- Specialty Stores/Music Stores
Color
- Amber
- Light Yellow
- Light Tan
- Others9
- Red
- Brown
- Black
Music Type
- Others8
- Traditional
- Electronica
- Jazz
- Metal
- Pop
- Blues
- Rock
Type
- Others1
- Double Neck Guitar1
- Lap Steel Guitar1
- Extended Range Electric Guitar1
- Resonator1
- Bass Guitar1
- Classical Guitar1
- Electric-Acoustic Guitar1
- Electric Guitar1
- Acoustic Guitar1
South Korea Guitar Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 399.37 USD Million |
| Market Value in 2032 | 557.62 USD Million |
| CAGR (2025-2032) | 4.88% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Tailpiece,Neck Shape,Number of Strings,Covers,Wood Material,String Material,Distribution Channel,Color,Music Type,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 399.37 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 399.37 USD Million in 2024.
Segments and Scope
-
South Korea Guitar Market to 2032, By Application
- Professional Performance is the largest segment in South Korea Guitar Market to 2032 with a revenue of 192.85 USD Million in the year 2024.
- Professional Performance is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.14 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Tailpiece
- Vibrato Arms is the largest segment in South Korea Guitar Market to 2032 with a revenue of 177.84 USD Million in the year 2024.
- Vibrato Arms is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.23 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Neck Shape
- C Neck is the largest segment in South Korea Guitar Market to 2032 with a revenue of 194.17 USD Million in the year 2024.
- C Neck is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.15 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Number of Strings
- Six Strings is the largest segment in South Korea Guitar Market to 2032 with a revenue of 338.68 USD Million in the year 2024.
- Six Strings is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 4.95 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Covers
- Solid Body is the largest segment in South Korea Guitar Market to 2032 with a revenue of 266.19 USD Million in the year 2024.
- Solid Body is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.00 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Wood Material
- Solid is the largest segment in South Korea Guitar Market to 2032 with a revenue of 319.01 USD Million in the year 2024.
- Solid is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 4.96 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By String Material
- Steel is the largest segment in South Korea Guitar Market to 2032 with a revenue of 231.36 USD Million in the year 2024.
- Steel is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.04 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Distribution Channel
- Specialty Stores/Music Stores is the largest segment in South Korea Guitar Market to 2032 with a revenue of 168.87 USD Million in the year 2024.
- Specialty Stores/Music Stores is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.29 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Color
- Black is the largest segment in South Korea Guitar Market to 2032 with a revenue of 136.07 USD Million in the year 2024.
- Black is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.80 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Music Type
- Rock is the largest segment in South Korea Guitar Market to 2032 with a revenue of 163.51 USD Million in the year 2024.
- Rock is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 5.43 % in forecast period 2025-2032.
-
South Korea Guitar Market to 2032, By Type
- Acoustic Guitar1 is the largest segment in South Korea Guitar Market to 2032 with a revenue of 172.27 USD Million in the year 2024.
- Electric Guitar1 is the Fastest growing segment in South Korea Guitar Market to 2032 with a Growth rate of 4.42 % in forecast period 2025-2032.
South Korea Guitar Market Company Share Analysis
| Company Name |
|
||
| Gibson Inc. | |||
| Fender Musical Instruments Corporation | |||
| Ibanez guitars | |||
| Yamaha Corporation | |||
| TAYLOR-LISTUG, INC. | |||
South Korea Guitar Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Guitar Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Guitar Market is segmented based on Segmentation Application,Tailpiece,Neck Shape,Number of Strings,Covers,Wood Material,String Material,Distribution Channel,Color,Music Type,Type.
South Korea Guitar Market was valued at USD 399.37(Revenue in USD Million) in 2023.
South Korea Guitar Market is projected to grow at a CAGR of 4.88% during the forecast period of 2024 to 2032.
The Six Strings segment is expected to dominate the South Korea Guitar Market, holding a largest market share of 338.68 USD Million in 2024
South Korea Guitar Market Scope
South Korea Guitar Market Segmentation & Scope
Application
- Others11
- Individual Amateurs
- Learning and Training
- Professional Performance
Tailpiece
- String-Through Body
- Hard Tail
- Floating Tailpiece
- Vibrato Arms
Neck Shape
- Others6
- V Neck
- U Neck
- C Neck
Number of Strings
- More Than Twelve Strings
- Twelve Strings
- Eight Strings
- Six Strings
Covers
- Others5
- Hollow Body
- Semi-Hollow Body
- Solid Body
Wood Material
- Laminate
- Solid
String Material
- Others7
- Nylon
- Steel
Distribution Channel
- Others10
- Supermarkets/Hypermarkets
- E-Commerce
- Specialty Stores/Music Stores
Color
- Amber
- Light Yellow
- Light Tan
- Others9
- Red
- Brown
- Black
Music Type
- Others8
- Traditional
- Electronica
- Jazz
- Metal
- Pop
- Blues
- Rock
Type
- Others1
- Double Neck Guitar1
- Lap Steel Guitar1
- Extended Range Electric Guitar1
- Resonator1
- Bass Guitar1
- Classical Guitar1
- Electric-Acoustic Guitar1
- Electric Guitar1
- Acoustic Guitar1
Frequently Asked Questions
The South Korea Guitar Market is segmented based on Segmentation Application,Tailpiece,Neck Shape,Number of Strings,Covers,Wood Material,String Material,Distribution Channel,Color,Music Type,Type.
South Korea Guitar Market was valued at USD 399.37(Revenue in USD Million) in 2023.
South Korea Guitar Market is projected to grow at a CAGR of 4.88% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Guitar Market for final year is USD 557.62 (USD Million).
South Korea Guitar Market Company Profiling
Frequently Asked Questions
The South Korea Guitar Market is segmented based on Segmentation Application,Tailpiece,Neck Shape,Number of Strings,Covers,Wood Material,String Material,Distribution Channel,Color,Music Type,Type.
South Korea Guitar Market was valued at USD 399.37(Revenue in USD Million) in 2023.
South Korea Guitar Market is projected to grow at a CAGR of 4.88% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Guitar Market for final year is USD 557.62 (USD Million).
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