Musical Instrument & Supplies Stores in the US in the US - Industry Market Research Report

Musical Instrument & Supplies Stores in the US

The Musical Instrument and Supplies Stores industry has been out of tune over the five years to 2017. Despite increasing consumer confidence and per capita disposable income amid recent economic growth, the industry's revenue declined. Decreasing time spent on leisure and sports, as well as increased digitalization has led consumers to shift away from industry products and services. The industry's outlook is anticipated to follow in-line with the current period, with recent declines anticipated to continue. Industry revenue is likely going to decline as consumers continue to use online services, such as purchasing sheet music and utilizing online musical courses, over industry services. As digitization increases, these online resources are becoming more technical and useful. As a result, there is no longer as much added value in the industry's face-to-face interaction and expertise.

This industry retails an extensive selection of musical instruments, sheet music and related supplies, such as microphones, amplifiers and audio systems. These products are usually sold directly to end consumers. Many industry operators also repair and rent these products and provide music instruction.

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Per capita disposable income
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table Guitar Center Inc. (industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs Growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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