Thailand Guitar Market to 2032

Overview

The Thailand Guitar Market is expected to reach a 180.25 USD Million by 2032 and is projected to grow at a CAGR of 4.32% from 2025 to 2032.

Revenue, 2024 (USD Million)
134.05
Forecast, 2032 (USD Million)
180.25
CAGR, 2024 - 2032
4.32%
Report Coverage
Thailand

Thailand Guitar Market 2018-2032 USD Million

Thailand Guitar Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 134.05 USD Million
  • Projected Market Size (2032): 180.25 USD Million
  • CAGR (2025-2032): 4.32%

Key Findings of Thailand Guitar Market

  • The Thailand Guitar Market was valued at 134.05 USD Million in 2024.
  • The Thailand Guitar Market is likely to grow at a CAGR of 4.32% 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 115.14 USD Million
  • The fastest growing segment Black in Color Segment grew Fastest with a CAGR of 5.12% during the forecast period from 2024 to 2032.

Thailand Guitar Market Scope

Thailand Guitar Market Segmentation & Scope
Distribution Channel
  • Others10
  • Supermarkets/Hypermarkets
  • E-Commerce
  • Specialty Stores/Music Stores
Color
  • Amber
  • Light Yellow
  • Light Tan
  • Others9
  • Red
  • Brown
  • Black
Application
  • Others11
  • Individual Amateurs
  • Learning and Training
  • Professional Performance
String Material
  • Others7
  • Nylon
  • Steel
Music Type
  • Others8
  • Traditional
  • Electronica
  • Jazz
  • Metal
  • Pop
  • Blues
  • Rock
Number of Strings
  • More Than Twelve Strings
  • Twelve Strings
  • Eight Strings
  • Six Strings
Type
  • Others1
  • Double Neck Guitar1
  • Lap Steel Guitar1
  • Extended Range Electric Guitar1
  • Resonator1
  • Bass Guitar1
  • Classical Guitar1
  • Electric-Acoustic Guitar1
  • Electric Guitar1
  • Acoustic Guitar1
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
Wood Material
  • Laminate
  • Solid

Thailand Guitar Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 134.05 USD Million
Market Value in 2032 180.25 USD Million
CAGR (2025-2032) 4.32%
Historic Data 2016-2023
Market Segments Covered Distribution Channel,Color,Application,String Material,Music Type,Number of Strings,Type,Covers,Tailpiece,Neck Shape,Wood Material

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 134.05 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 134.05 USD Million in 2024.

Segments and Scope

  • Thailand Guitar Market to 2032, By Distribution Channel
    • Specialty Stores/Music Stores is the largest segment in Thailand Guitar Market to 2032 with a revenue of 61.01 USD Million in the year 2024.
    • Specialty Stores/Music Stores is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.64 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Color
    • Black is the largest segment in Thailand Guitar Market to 2032 with a revenue of 54.09 USD Million in the year 2024.
    • Black is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 5.12 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Application
    • Professional Performance is the largest segment in Thailand Guitar Market to 2032 with a revenue of 67.97 USD Million in the year 2024.
    • Professional Performance is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.59 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By String Material
    • Steel is the largest segment in Thailand Guitar Market to 2032 with a revenue of 79.77 USD Million in the year 2024.
    • Steel is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.47 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Music Type
    • Rock is the largest segment in Thailand Guitar Market to 2032 with a revenue of 61.02 USD Million in the year 2024.
    • Rock is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.83 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Number of Strings
    • Six Strings is the largest segment in Thailand Guitar Market to 2032 with a revenue of 115.14 USD Million in the year 2024.
    • Six Strings is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.38 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Type
    • Acoustic Guitar1 is the largest segment in Thailand Guitar Market to 2032 with a revenue of 57.91 USD Million in the year 2024.
    • Electric Guitar1 is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 3.80 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Covers
    • Solid Body is the largest segment in Thailand Guitar Market to 2032 with a revenue of 91.58 USD Million in the year 2024.
    • Solid Body is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.45 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Tailpiece
    • Vibrato Arms is the largest segment in Thailand Guitar Market to 2032 with a revenue of 63.57 USD Million in the year 2024.
    • Vibrato Arms is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.60 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Neck Shape
    • C Neck is the largest segment in Thailand Guitar Market to 2032 with a revenue of 68.74 USD Million in the year 2024.
    • C Neck is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.58 % in forecast period 2025-2032.
  • Thailand Guitar Market to 2032, By Wood Material
    • Solid is the largest segment in Thailand Guitar Market to 2032 with a revenue of 108.70 USD Million in the year 2024.
    • Solid is the Fastest growing segment in Thailand Guitar Market to 2032 with a Growth rate of 4.39 % in forecast period 2025-2032.

Thailand Guitar Market Company Share Analysis

 
Company Name Company Share Analysis
Gibson Inc.
Fender Musical Instruments Corporation
Ibanez guitars
Yamaha Corporation
TAYLOR-LISTUG, INC.
Thailand Guitar Market Company Share Analysis

Thailand Guitar Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Guitar Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Guitar Market Company Profiling

Thailand Guitar Market Company Profiling
Frequently Asked Questions
The Thailand Guitar Market is segmented based on Segmentation Distribution Channel,Color,Application,String Material,Music Type,Number of Strings,Type,Covers,Tailpiece,Neck Shape,Wood Material.
Thailand Guitar Market was valued at USD 134.05(Revenue in USD Million) in 2023.
Thailand Guitar Market is projected to grow at a CAGR of 4.32% during the forecast period of 2024 to 2032.
The Six Strings segment is expected to dominate the Thailand Guitar Market, holding a largest market share of 115.14 USD Million in 2024

Thailand Guitar Market Scope

Thailand Guitar Market Segmentation & Scope
Distribution Channel
  • Others10
  • Supermarkets/Hypermarkets
  • E-Commerce
  • Specialty Stores/Music Stores
Color
  • Amber
  • Light Yellow
  • Light Tan
  • Others9
  • Red
  • Brown
  • Black
Application
  • Others11
  • Individual Amateurs
  • Learning and Training
  • Professional Performance
String Material
  • Others7
  • Nylon
  • Steel
Music Type
  • Others8
  • Traditional
  • Electronica
  • Jazz
  • Metal
  • Pop
  • Blues
  • Rock
Number of Strings
  • More Than Twelve Strings
  • Twelve Strings
  • Eight Strings
  • Six Strings
Type
  • Others1
  • Double Neck Guitar1
  • Lap Steel Guitar1
  • Extended Range Electric Guitar1
  • Resonator1
  • Bass Guitar1
  • Classical Guitar1
  • Electric-Acoustic Guitar1
  • Electric Guitar1
  • Acoustic Guitar1
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
Wood Material
  • Laminate
  • Solid
Frequently Asked Questions
The Thailand Guitar Market is segmented based on Segmentation Distribution Channel,Color,Application,String Material,Music Type,Number of Strings,Type,Covers,Tailpiece,Neck Shape,Wood Material.
Thailand Guitar Market was valued at USD 134.05(Revenue in USD Million) in 2023.
Thailand Guitar Market is projected to grow at a CAGR of 4.32% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Guitar Market for final year is USD 180.25 (USD Million).

Thailand Guitar Market Company Profiling

Thailand Guitar Market Company Profiling
Frequently Asked Questions
The Thailand Guitar Market is segmented based on Segmentation Distribution Channel,Color,Application,String Material,Music Type,Number of Strings,Type,Covers,Tailpiece,Neck Shape,Wood Material.
Thailand Guitar Market was valued at USD 134.05(Revenue in USD Million) in 2023.
Thailand Guitar Market is projected to grow at a CAGR of 4.32% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Guitar Market for final year is USD 180.25 (USD Million).

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