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Musical Instrument Manufacturing in China - Industry Market Research Report

Publisher IBISWorld
Published Nov 25, 2024
Length 62 Pages
SKU # IBSS19493173

Description

Musical Instrument Manufacturing in China - Industry Market Research Report


Musical Instrument Manufacturing in China

Revenue for the Musical Instrument Manufacturing industry is expected to grow at an annualized 0.1% over the five years to 2022, to $7.9 billion. This trend includes a 11.9% decrease in the current year. The industry was previously highly export-oriented, with exports reaching a high of 69.0% of industry revenue in 2005. This share has substantially declined over the subsequent decade. Exports are expected to account for just 25.5% of industry revenue in 2022. Exports are forecast to increase at an annualized 5% over the five years through 2027. Domestic demand for musical instruments is steadily increasing as people pay more attention to leisure and entertainment. In addition, children's education in art and culture has become increasingly important for young parents.

Musical instrument manufacturers in China produce Chinese musical instruments, Western musical instruments, electronic and other musical instruments, and related parts and components.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

62 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON

Pricing

Currency Rates
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