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Guitar Strings-Global Market Insights and Sales Trends 2025
Synopsis
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 expected to reach US$ 1007.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Guitar Strings in various end use industries. The expanding demands from the Electric Guitar Strings and Acoustic Guitar Strings, are propelling Guitar Strings market. Light, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Custom Light segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Guitar Strings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Guitar Strings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Guitar Strings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Guitar Strings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Guitar Strings covered in this report include D'Addario, Ernie Ball, Martin, Fender, Gibson, GHS, Elixir, Rotosound and DR Strings, etc.
The global Guitar Strings market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
D'Addario
Ernie Ball
Martin
Fender
Gibson
GHS
Elixir
Rotosound
DR Strings
Dean Markley
Everly
Augustine
Dunlop
Global Guitar Strings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Guitar Strings market, Segment by Type:
Light
Custom Light
Extra Light
Others
Global Guitar Strings market, by Application
Electric Guitar Strings
Acoustic Guitar Strings
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Guitar Strings companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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 expected to reach US$ 1007.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Guitar Strings in various end use industries. The expanding demands from the Electric Guitar Strings and Acoustic Guitar Strings, are propelling Guitar Strings market. Light, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Custom Light segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Guitar Strings, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Guitar Strings market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Guitar Strings market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Guitar Strings sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Guitar Strings covered in this report include D'Addario, Ernie Ball, Martin, Fender, Gibson, GHS, Elixir, Rotosound and DR Strings, etc.
The global Guitar Strings market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
D'Addario
Ernie Ball
Martin
Fender
Gibson
GHS
Elixir
Rotosound
DR Strings
Dean Markley
Everly
Augustine
Dunlop
Global Guitar Strings market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Guitar Strings market, Segment by Type:
Light
Custom Light
Extra Light
Others
Global Guitar Strings market, by Application
Electric Guitar Strings
Acoustic Guitar Strings
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Guitar Strings companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Guitar Strings
1.1 Guitar Strings Market Overview
1.1.1 Guitar Strings Product Scope
1.1.2 Guitar Strings Market Status and Outlook
1.2 Global Guitar Strings Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Guitar Strings Market Size by Region (2018-2029)
1.4 Global Guitar Strings Historic Market Size by Region (2018-2023)
1.5 Global Guitar Strings Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Guitar Strings Market Size (2018-2029)
1.6.1 North America Guitar Strings Market Size (2018-2029)
1.6.2 Europe Guitar Strings Market Size (2018-2029)
1.6.3 Asia-Pacific Guitar Strings Market Size (2018-2029)
1.6.4 Latin America Guitar Strings Market Size (2018-2029)
1.6.5 Middle East & Africa Guitar Strings Market Size (2018-2029)
2 Guitar Strings Market by Type
2.1 Introduction
2.1.1 Light
2.1.2 Custom Light
2.1.3 Extra Light
2.1.4 Others
2.2 Global Guitar Strings Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Guitar Strings Historic Market Size by Type (2018-2023)
2.2.2 Global Guitar Strings Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Guitar Strings Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Guitar Strings Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Guitar Strings Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Guitar Strings Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Guitar Strings Revenue Breakdown by Type (2018-2029)
3 Guitar Strings Market Overview by Application
3.1 Introduction
3.1.1 Electric Guitar Strings
3.1.2 Acoustic Guitar Strings
3.2 Global Guitar Strings Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Guitar Strings Historic Market Size by Application (2018-2023)
3.2.2 Global Guitar Strings Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Guitar Strings Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Guitar Strings Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Guitar Strings Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Guitar Strings Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Guitar Strings Revenue Breakdown by Application (2018-2029)
4 Guitar Strings Competition Analysis by Players
4.1 Global Guitar Strings Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Guitar Strings as of 2022)
4.3 Date of Key Players Enter into Guitar Strings Market
4.4 Global Top Players Guitar Strings Headquarters and Area Served
4.5 Key Players Guitar Strings Product Solution and Service
4.6 Competitive Status
4.6.1 Guitar Strings Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 D'Addario
5.1.1 D'Addario Profile
5.1.2 D'Addario Main Business
5.1.3 D'Addario Guitar Strings Products, Services and Solutions
5.1.4 D'Addario Guitar Strings Revenue (US$ Million) & (2018-2023)
5.1.5 D'Addario Recent Developments
5.2 Ernie Ball
5.2.1 Ernie Ball Profile
5.2.2 Ernie Ball Main Business
5.2.3 Ernie Ball Guitar Strings Products, Services and Solutions
5.2.4 Ernie Ball Guitar Strings Revenue (US$ Million) & (2018-2023)
5.2.5 Ernie Ball Recent Developments
5.3 Martin
5.3.1 Martin Profile
5.3.2 Martin Main Business
5.3.3 Martin Guitar Strings Products, Services and Solutions
5.3.4 Martin Guitar Strings Revenue (US$ Million) & (2018-2023)
5.3.5 Fender Recent Developments
5.4 Fender
5.4.1 Fender Profile
5.4.2 Fender Main Business
5.4.3 Fender Guitar Strings Products, Services and Solutions
5.4.4 Fender Guitar Strings Revenue (US$ Million) & (2018-2023)
5.4.5 Fender Recent Developments
5.5 Gibson
5.5.1 Gibson Profile
5.5.2 Gibson Main Business
5.5.3 Gibson Guitar Strings Products, Services and Solutions
5.5.4 Gibson Guitar Strings Revenue (US$ Million) & (2018-2023)
5.5.5 Gibson Recent Developments
5.6 GHS
5.6.1 GHS Profile
5.6.2 GHS Main Business
5.6.3 GHS Guitar Strings Products, Services and Solutions
5.6.4 GHS Guitar Strings Revenue (US$ Million) & (2018-2023)
5.6.5 GHS Recent Developments
5.7 Elixir
5.7.1 Elixir Profile
5.7.2 Elixir Main Business
5.7.3 Elixir Guitar Strings Products, Services and Solutions
5.7.4 Elixir Guitar Strings Revenue (US$ Million) & (2018-2023)
5.7.5 Elixir Recent Developments
5.8 Rotosound
5.8.1 Rotosound Profile
5.8.2 Rotosound Main Business
5.8.3 Rotosound Guitar Strings Products, Services and Solutions
5.8.4 Rotosound Guitar Strings Revenue (US$ Million) & (2018-2023)
5.8.5 Rotosound Recent Developments
5.9 DR Strings
5.9.1 DR Strings Profile
5.9.2 DR Strings Main Business
5.9.3 DR Strings Guitar Strings Products, Services and Solutions
5.9.4 DR Strings Guitar Strings Revenue (US$ Million) & (2018-2023)
5.9.5 DR Strings Recent Developments
5.10 Dean Markley
5.10.1 Dean Markley Profile
5.10.2 Dean Markley Main Business
5.10.3 Dean Markley Guitar Strings Products, Services and Solutions
5.10.4 Dean Markley Guitar Strings Revenue (US$ Million) & (2018-2023)
5.10.5 Dean Markley Recent Developments
5.11 Everly
5.11.1 Everly Profile
5.11.2 Everly Main Business
5.11.3 Everly Guitar Strings Products, Services and Solutions
5.11.4 Everly Guitar Strings Revenue (US$ Million) & (2018-2023)
5.11.5 Everly Recent Developments
5.12 Augustine
5.12.1 Augustine Profile
5.12.2 Augustine Main Business
5.12.3 Augustine Guitar Strings Products, Services and Solutions
5.12.4 Augustine Guitar Strings Revenue (US$ Million) & (2018-2023)
5.12.5 Augustine Recent Developments
5.13 Dunlop
5.13.1 Dunlop Profile
5.13.2 Dunlop Main Business
5.13.3 Dunlop Guitar Strings Products, Services and Solutions
5.13.4 Dunlop Guitar Strings Revenue (US$ Million) & (2018-2023)
5.13.5 Dunlop Recent Developments
6 North America
6.1 North America Guitar Strings Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Guitar Strings Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Guitar Strings Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Guitar Strings Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Guitar Strings Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Guitar Strings Market Dynamics
11.1 Guitar Strings Industry Trends
11.2 Guitar Strings Market Drivers
11.3 Guitar Strings Market Challenges
11.4 Guitar Strings Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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