Global Piano Market Research Report 2023(Status and Outlook)

Global Piano Market Research Report 2023(Status and Outlook)

Report Overview

Pianoforte is a musical instrument in which felt-covered hammers, operated from a keyboard, strike the metal strings. It is commonly used for solo performances, ensemble, accompaniment and other performances, and it is very convenient for composing and rehearsing music.

Global Piano key players include Yamaha Pianos, KAWAI, Samick, Youngchang, Steinborgh, etc. Global top five players hold a share about 30%.

North America is the largest market, with a share about 60%, followed by China and Europe, having a total share about 30 percent.

In terms of product, Upright piano is the largest segment, with a share about 80%. And in terms of application, the largest application is Learning and teaching, followed by Performance, Entertainment.

The Global Piano Market Size was estimated at USD 2314.00 million in 2022 and is projected to reach USD 2639.87 million by 2029, exhibiting a CAGR of 1.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Piano market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Piano Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Piano market in any manner.

Global Piano Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Yamaha Pianos







Mason and Hamlin



Guangzhou Pearl River Piano Group

Hailun Pianos

Xinghai Piano Group


DUKE Piano

Shanghai Mendelssohn Piano

Nanjing Schumann Piano

Harmony Piano

Artfield Piano

Shanghai Piano

J-Sder Piano

Kingsburg Piano

Huapu Piano

Market Segmentation (by Type)

Grand piano

Upright piano

Market Segmentation (by Application)

Flavor and Fragrance Industry

Pharmaceutical Industry


Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Piano Market

Overview of the regional outlook of the Piano Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Piano
1.2 Key Market Segments
1.2.1 Piano Segment by Type
1.2.2 Piano Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Piano Market Overview
2.1 Global Market Overview
2.1.1 Global Piano Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Piano Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Piano Market Competitive Landscape
3.1 Global Piano Sales by Manufacturers (2018-2023)
3.2 Global Piano Revenue Market Share by Manufacturers (2018-2023)
3.3 Piano Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Piano Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Piano Sales Sites, Area Served, Product Type
3.6 Piano Market Competitive Situation and Trends
3.6.1 Piano Market Concentration Rate
3.6.2 Global 5 and 10 Largest Piano Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Piano Industry Chain Analysis
4.1 Piano Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Piano Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Piano Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Piano Sales Market Share by Type (2018-2023)
6.3 Global Piano Market Size Market Share by Type (2018-2023)
6.4 Global Piano Price by Type (2018-2023)
7 Piano Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Piano Market Sales by Application (2018-2023)
7.3 Global Piano Market Size (M USD) by Application (2018-2023)
7.4 Global Piano Sales Growth Rate by Application (2018-2023)
8 Piano Market Segmentation by Region
8.1 Global Piano Sales by Region
8.1.1 Global Piano Sales by Region
8.1.2 Global Piano Sales Market Share by Region
8.2 North America
8.2.1 North America Piano Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Piano Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Piano Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Piano Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Piano Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Yamaha Pianos
9.1.1 Yamaha Pianos Piano Basic Information
9.1.2 Yamaha Pianos Piano Product Overview
9.1.3 Yamaha Pianos Piano Product Market Performance
9.1.4 Yamaha Pianos Business Overview
9.1.5 Yamaha Pianos Piano SWOT Analysis
9.1.6 Yamaha Pianos Recent Developments
9.2.1 KAWAI Piano Basic Information
9.2.2 KAWAI Piano Product Overview
9.2.3 KAWAI Piano Product Market Performance
9.2.4 KAWAI Business Overview
9.2.5 KAWAI Piano SWOT Analysis
9.2.6 KAWAI Recent Developments
9.3 Samick
9.3.1 Samick Piano Basic Information
9.3.2 Samick Piano Product Overview
9.3.3 Samick Piano Product Market Performance
9.3.4 Samick Business Overview
9.3.5 Samick Piano SWOT Analysis
9.3.6 Samick Recent Developments
9.4 Youngchang
9.4.1 Youngchang Piano Basic Information
9.4.2 Youngchang Piano Product Overview
9.4.3 Youngchang Piano Product Market Performance
9.4.4 Youngchang Business Overview
9.4.5 Youngchang Piano SWOT Analysis
9.4.6 Youngchang Recent Developments
9.5 Steinborgh
9.5.1 Steinborgh Piano Basic Information
9.5.2 Steinborgh Piano Product Overview
9.5.3 Steinborgh Piano Product Market Performance
9.5.4 Steinborgh Business Overview
9.5.5 Steinborgh Piano SWOT Analysis
9.5.6 Steinborgh Recent Developments
9.6 Steinway
9.6.1 Steinway Piano Basic Information
9.6.2 Steinway Piano Product Overview
9.6.3 Steinway Piano Product Market Performance
9.6.4 Steinway Business Overview
9.6.5 Steinway Recent Developments
9.7 Bechstein
9.7.1 Bechstein Piano Basic Information
9.7.2 Bechstein Piano Product Overview
9.7.3 Bechstein Piano Product Market Performance
9.7.4 Bechstein Business Overview
9.7.5 Bechstein Recent Developments
9.8 Mason and Hamlin
9.8.1 Mason and Hamlin Piano Basic Information
9.8.2 Mason and Hamlin Piano Product Overview
9.8.3 Mason and Hamlin Piano Product Market Performance
9.8.4 Mason and Hamlin Business Overview
9.8.5 Mason and Hamlin Recent Developments
9.9.1 AUGUST FOERSTER Piano Basic Information
9.9.2 AUGUST FOERSTER Piano Product Overview
9.9.3 AUGUST FOERSTER Piano Product Market Performance
9.9.4 AUGUST FOERSTER Business Overview
9.9.5 AUGUST FOERSTER Recent Developments
9.10 Fazioli
9.10.1 Fazioli Piano Basic Information
9.10.2 Fazioli Piano Product Overview
9.10.3 Fazioli Piano Product Market Performance
9.10.4 Fazioli Business Overview
9.10.5 Fazioli Recent Developments
9.11 Guangzhou Pearl River Piano Group
9.11.1 Guangzhou Pearl River Piano Group Piano Basic Information
9.11.2 Guangzhou Pearl River Piano Group Piano Product Overview
9.11.3 Guangzhou Pearl River Piano Group Piano Product Market Performance
9.11.4 Guangzhou Pearl River Piano Group Business Overview
9.11.5 Guangzhou Pearl River Piano Group Recent Developments
9.12 Hailun Pianos
9.12.1 Hailun Pianos Piano Basic Information
9.12.2 Hailun Pianos Piano Product Overview
9.12.3 Hailun Pianos Piano Product Market Performance
9.12.4 Hailun Pianos Business Overview
9.12.5 Hailun Pianos Recent Developments
9.13 Xinghai Piano Group
9.13.1 Xinghai Piano Group Piano Basic Information
9.13.2 Xinghai Piano Group Piano Product Overview
9.13.3 Xinghai Piano Group Piano Product Market Performance
9.13.4 Xinghai Piano Group Business Overview
9.13.5 Xinghai Piano Group Recent Developments
9.14 Goodway
9.14.1 Goodway Piano Basic Information
9.14.2 Goodway Piano Product Overview
9.14.3 Goodway Piano Product Market Performance
9.14.4 Goodway Business Overview
9.14.5 Goodway Recent Developments
9.15 DUKE Piano
9.15.1 DUKE Piano Piano Basic Information
9.15.2 DUKE Piano Piano Product Overview
9.15.3 DUKE Piano Piano Product Market Performance
9.15.4 DUKE Piano Business Overview
9.15.5 DUKE Piano Recent Developments
9.16 Shanghai Mendelssohn Piano
9.16.1 Shanghai Mendelssohn Piano Piano Basic Information
9.16.2 Shanghai Mendelssohn Piano Piano Product Overview
9.16.3 Shanghai Mendelssohn Piano Piano Product Market Performance
9.16.4 Shanghai Mendelssohn Piano Business Overview
9.16.5 Shanghai Mendelssohn Piano Recent Developments
9.17 Nanjing Schumann Piano
9.17.1 Nanjing Schumann Piano Piano Basic Information
9.17.2 Nanjing Schumann Piano Piano Product Overview
9.17.3 Nanjing Schumann Piano Piano Product Market Performance
9.17.4 Nanjing Schumann Piano Business Overview
9.17.5 Nanjing Schumann Piano Recent Developments
9.18 Harmony Piano
9.18.1 Harmony Piano Piano Basic Information
9.18.2 Harmony Piano Piano Product Overview
9.18.3 Harmony Piano Piano Product Market Performance
9.18.4 Harmony Piano Business Overview
9.18.5 Harmony Piano Recent Developments
9.19 Artfield Piano
9.19.1 Artfield Piano Piano Basic Information
9.19.2 Artfield Piano Piano Product Overview
9.19.3 Artfield Piano Piano Product Market Performance
9.19.4 Artfield Piano Business Overview
9.19.5 Artfield Piano Recent Developments
9.20 Shanghai Piano
9.20.1 Shanghai Piano Piano Basic Information
9.20.2 Shanghai Piano Piano Product Overview
9.20.3 Shanghai Piano Piano Product Market Performance
9.20.4 Shanghai Piano Business Overview
9.20.5 Shanghai Piano Recent Developments
9.21 J-Sder Piano
9.21.1 J-Sder Piano Piano Basic Information
9.21.2 J-Sder Piano Piano Product Overview
9.21.3 J-Sder Piano Piano Product Market Performance
9.21.4 J-Sder Piano Business Overview
9.21.5 J-Sder Piano Recent Developments
9.22 Kingsburg Piano
9.22.1 Kingsburg Piano Piano Basic Information
9.22.2 Kingsburg Piano Piano Product Overview
9.22.3 Kingsburg Piano Piano Product Market Performance
9.22.4 Kingsburg Piano Business Overview
9.22.5 Kingsburg Piano Recent Developments
9.23 Huapu Piano
9.23.1 Huapu Piano Piano Basic Information
9.23.2 Huapu Piano Piano Product Overview
9.23.3 Huapu Piano Piano Product Market Performance
9.23.4 Huapu Piano Business Overview
9.23.5 Huapu Piano Recent Developments
10 Piano Market Forecast by Region
10.1 Global Piano Market Size Forecast
10.2 Global Piano Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Piano Market Size Forecast by Country
10.2.3 Asia Pacific Piano Market Size Forecast by Region
10.2.4 South America Piano Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Piano by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Piano Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Piano by Type (2024-2029)
11.1.2 Global Piano Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Piano by Type (2024-2029)
11.2 Global Piano Market Forecast by Application (2024-2029)
11.2.1 Global Piano Sales (K Units) Forecast by Application
11.2.2 Global Piano Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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