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Market Analysis and Insights: Global Guitar Strings Market
A string is the vibrating element that produces sound in string instruments such as the guitar. The quality of the materials, the gauge of the strings, the winding methods, and special coatings all influence the sound and performance of a guitar.
The global Guitar Strings market size is projected to reach US$ 1007.4 million by 2028, from US$ 773.5 million in 2021, at a CAGR of 3.8% during 2022-2028.
Therefore, market share concentration is relatively low. The two largest operators account for about 23% of total industry revenue. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. It’s still Ernie Ball and probably D’Addario that are the market leaders in string sales, with Martin, Fender and Gibson following closely behind and companies like GHS, Elixir, Rotosound, DR Strings, Dean Markley, Everly, Augustine and Dunlop all contributing to the numbers.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Guitar Strings market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Guitar Strings market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Guitar Strings market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Guitar Strings market.
Global Guitar Strings Scope and Market Size
Guitar Strings market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Guitar Strings market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Light
Custom Light
Extra Light
Others
Segment by Application
Electric Guitar Strings
Acoustic Guitar Strings
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
D'Addario
Ernie Ball
Martin
Fender
Gibson
GHS
Elixir
Rotosound
DR Strings
Dean Markley
Everly
Augustine
Dunlop
A string is the vibrating element that produces sound in string instruments such as the guitar. The quality of the materials, the gauge of the strings, the winding methods, and special coatings all influence the sound and performance of a guitar.
The global Guitar Strings market size is projected to reach US$ 1007.4 million by 2028, from US$ 773.5 million in 2021, at a CAGR of 3.8% during 2022-2028.
Therefore, market share concentration is relatively low. The two largest operators account for about 23% of total industry revenue. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. It’s still Ernie Ball and probably D’Addario that are the market leaders in string sales, with Martin, Fender and Gibson following closely behind and companies like GHS, Elixir, Rotosound, DR Strings, Dean Markley, Everly, Augustine and Dunlop all contributing to the numbers.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Guitar Strings market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Guitar Strings market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Guitar Strings market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Guitar Strings market.
Global Guitar Strings Scope and Market Size
Guitar Strings market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Guitar Strings market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Light
Custom Light
Extra Light
Others
Segment by Application
Electric Guitar Strings
Acoustic Guitar Strings
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
D'Addario
Ernie Ball
Martin
Fender
Gibson
GHS
Elixir
Rotosound
DR Strings
Dean Markley
Everly
Augustine
Dunlop
Frequently Asked Questions
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