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.
This report aims to provide a comprehensive presentation of the global market for Guitar Strings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Guitar Strings. This report contains market size and forecasts of Guitar Strings in global, including the following market information:
Global Guitar Strings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Guitar Strings market was valued at US$ 795.9 million in 2022 and is projected to reach US$ 1022 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Guitar Strings companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Guitar Strings Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Guitar Strings Market Segment Percentages, by Type, 2022 (%)
- Light
- Custom Light
- Extra Light
- Others
Global Guitar Strings Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Guitar Strings Market Segment Percentages, by Application, 2022 (%)
- Electric Guitar Strings
- Acoustic Guitar Strings
Global Guitar Strings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Guitar Strings Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- - US
- - Canada
- - Mexico
- Europe
- - Germany
- - France
- - U.K.
- - Italy
- - Russia
- - Nordic Countries
- - Benelux
- - Rest of Europe
- Asia
- - China
- - Japan
- - South Korea
- - Southeast Asia
- - India
- - Rest of Asia
- South America
- - Brazil
- - Argentina
- - Rest of South America
- Middle East & Africa
- - Turkey
- - Israel
- - Saudi Arabia
- - UAE
- - Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Guitar Strings revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Guitar Strings revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- D'Addario
- Ernie Ball
- Martin
- Fender
- Gibson
- GHS
- Elixir
- Rotosound
- DR Strings
- Dean Markley
- Everly
- Augustine
- Dunlop
Outline of Major Chapters:
Chapter 1: Introduces the definition of Guitar Strings, market overview.
Chapter 2: Global Guitar Strings market size in revenue.
Chapter 3: Detailed analysis of Guitar Strings company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Guitar Strings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
Guitar Strings Market, Global Outlook and Forecast 2023-2029
Table of Contents
1 Introduction to Research & Analysis Reports
1.1 Guitar Strings Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Guitar Strings Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Guitar Strings Overall Market Size
2.1 Global Guitar Strings Market Size: 2022 VS 2029
2.2 Global Guitar Strings Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Guitar Strings Players in Global Market
3.2 Top Global Guitar Strings Companies Ranked by Revenue
3.3 Global Guitar Strings Revenue by Companies
3.4 Top 3 and Top 5 Guitar Strings Companies in Global Market, by Revenue in 2022
3.5 Global Companies Guitar Strings Product Type
3.6 Tier 1, Tier 2 and Tier 3 Guitar Strings Players in Global Market
3.6.1 List of Global Tier 1 Guitar Strings Companies
3.6.2 List of Global Tier 2 and Tier 3 Guitar Strings Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Guitar Strings Market Size Markets, 2022 & 2029
4.1.2 Light
4.1.3 Custom Light
4.1.4 Extra Light
4.1.5 Others
4.2 By Type - Global Guitar Strings Revenue & Forecasts
4.2.1 By Type - Global Guitar Strings Revenue, 2018-2023
4.2.2 By Type - Global Guitar Strings Revenue, 2024-2029
4.2.3 By Type - Global Guitar Strings Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Guitar Strings Market Size, 2022 & 2029
5.1.2 Electric Guitar Strings
5.1.3 Acoustic Guitar Strings
5.2 By Application - Global Guitar Strings Revenue & Forecasts
5.2.1 By Application - Global Guitar Strings Revenue, 2018-2023
5.2.2 By Application - Global Guitar Strings Revenue, 2024-2029
5.2.3 By Application - Global Guitar Strings Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Guitar Strings Market Size, 2022 & 2029
6.2 By Region - Global Guitar Strings Revenue & Forecasts
6.2.1 By Region - Global Guitar Strings Revenue, 2018-2023
6.2.2 By Region - Global Guitar Strings Revenue, 2024-2029
6.2.3 By Region - Global Guitar Strings Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Guitar Strings Revenue, 2018-2029
6.3.2 US Guitar Strings Market Size, 2018-2029
6.3.3 Canada Guitar Strings Market Size, 2018-2029
6.3.4 Mexico Guitar Strings Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Guitar Strings Revenue, 2018-2029
6.4.2 Germany Guitar Strings Market Size, 2018-2029
6.4.3 France Guitar Strings Market Size, 2018-2029
6.4.4 U.K. Guitar Strings Market Size, 2018-2029
6.4.5 Italy Guitar Strings Market Size, 2018-2029
6.4.6 Russia Guitar Strings Market Size, 2018-2029
6.4.7 Nordic Countries Guitar Strings Market Size, 2018-2029
6.4.8 Benelux Guitar Strings Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Guitar Strings Revenue, 2018-2029
6.5.2 China Guitar Strings Market Size, 2018-2029
6.5.3 Japan Guitar Strings Market Size, 2018-2029
6.5.4 South Korea Guitar Strings Market Size, 2018-2029
6.5.5 Southeast Asia Guitar Strings Market Size, 2018-2029
6.5.6 India Guitar Strings Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Guitar Strings Revenue, 2018-2029
6.6.2 Brazil Guitar Strings Market Size, 2018-2029
6.6.3 Argentina Guitar Strings Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Guitar Strings Revenue, 2018-2029
6.7.2 Turkey Guitar Strings Market Size, 2018-2029
6.7.3 Israel Guitar Strings Market Size, 2018-2029
6.7.4 Saudi Arabia Guitar Strings Market Size, 2018-2029
6.7.5 UAE Guitar Strings Market Size, 2018-2029
7 Guitar Strings Companies Profiles
7.1 D'Addario
7.1.1 D'Addario Company Summary
7.1.2 D'Addario Business Overview
7.1.3 D'Addario Guitar Strings Major Product Offerings
7.1.4 D'Addario Guitar Strings Revenue in Global Market (2018-2023)
7.1.5 D'Addario Key News & Latest Developments
7.2 Ernie Ball
7.2.1 Ernie Ball Company Summary
7.2.2 Ernie Ball Business Overview
7.2.3 Ernie Ball Guitar Strings Major Product Offerings
7.2.4 Ernie Ball Guitar Strings Revenue in Global Market (2018-2023)
7.2.5 Ernie Ball Key News & Latest Developments
7.3 Martin
7.3.1 Martin Company Summary
7.3.2 Martin Business Overview
7.3.3 Martin Guitar Strings Major Product Offerings
7.3.4 Martin Guitar Strings Revenue in Global Market (2018-2023)
7.3.5 Martin Key News & Latest Developments
7.4 Fender
7.4.1 Fender Company Summary
7.4.2 Fender Business Overview
7.4.3 Fender Guitar Strings Major Product Offerings
7.4.4 Fender Guitar Strings Revenue in Global Market (2018-2023)
7.4.5 Fender Key News & Latest Developments
7.5 Gibson
7.5.1 Gibson Company Summary
7.5.2 Gibson Business Overview
7.5.3 Gibson Guitar Strings Major Product Offerings
7.5.4 Gibson Guitar Strings Revenue in Global Market (2018-2023)
7.5.5 Gibson Key News & Latest Developments
7.6 GHS
7.6.1 GHS Company Summary
7.6.2 GHS Business Overview
7.6.3 GHS Guitar Strings Major Product Offerings
7.6.4 GHS Guitar Strings Revenue in Global Market (2018-2023)
7.6.5 GHS Key News & Latest Developments
7.7 Elixir
7.7.1 Elixir Company Summary
7.7.2 Elixir Business Overview
7.7.3 Elixir Guitar Strings Major Product Offerings
7.7.4 Elixir Guitar Strings Revenue in Global Market (2018-2023)
7.7.5 Elixir Key News & Latest Developments
7.8 Rotosound
7.8.1 Rotosound Company Summary
7.8.2 Rotosound Business Overview
7.8.3 Rotosound Guitar Strings Major Product Offerings
7.8.4 Rotosound Guitar Strings Revenue in Global Market (2018-2023)
7.8.5 Rotosound Key News & Latest Developments
7.9 DR Strings
7.9.1 DR Strings Company Summary
7.9.2 DR Strings Business Overview
7.9.3 DR Strings Guitar Strings Major Product Offerings
7.9.4 DR Strings Guitar Strings Revenue in Global Market (2018-2023)
7.9.5 DR Strings Key News & Latest Developments
7.10 Dean Markley
7.10.1 Dean Markley Company Summary
7.10.2 Dean Markley Business Overview
7.10.3 Dean Markley Guitar Strings Major Product Offerings
7.10.4 Dean Markley Guitar Strings Revenue in Global Market (2018-2023)
7.10.5 Dean Markley Key News & Latest Developments
7.11 Everly
7.11.1 Everly Company Summary
7.11.2 Everly Business Overview
7.11.3 Everly Guitar Strings Major Product Offerings
7.11.4 Everly Guitar Strings Revenue in Global Market (2018-2023)
7.11.5 Everly Key News & Latest Developments
7.12 Augustine
7.12.1 Augustine Company Summary
7.12.2 Augustine Business Overview
7.12.3 Augustine Guitar Strings Major Product Offerings
7.12.4 Augustine Guitar Strings Revenue in Global Market (2018-2023)
7.12.5 Augustine Key News & Latest Developments
7.13 Dunlop
7.13.1 Dunlop Company Summary
7.13.2 Dunlop Business Overview
7.13.3 Dunlop Guitar Strings Major Product Offerings
7.13.4 Dunlop Guitar Strings Revenue in Global Market (2018-2023)
7.13.5 Dunlop Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Guitar Strings Market Opportunities & Trends in Global Market
Table 2. Guitar Strings Market Drivers in Global Market
Table 3. Guitar Strings Market Restraints in Global Market
Table 4. Key Players of Guitar Strings in Global Market
Table 5. Top Guitar Strings Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Guitar Strings Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Guitar Strings Revenue Share by Companies, 2018-2023
Table 8. Global Companies Guitar Strings Product Type
Table 9. List of Global Tier 1 Guitar Strings Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Guitar Strings Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type - Global Guitar Strings Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Guitar Strings Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Guitar Strings Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application - Global Guitar Strings Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Guitar Strings Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Guitar Strings Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region - Global Guitar Strings Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Guitar Strings Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Guitar Strings Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Guitar Strings Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Guitar Strings Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Guitar Strings Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Guitar Strings Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Guitar Strings Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Guitar Strings Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Guitar Strings Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Guitar Strings Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Guitar Strings Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Guitar Strings Revenue, (US$, Mn), 2024-2029
Table 30. D'Addario Company Summary
Table 31. D'Addario Guitar Strings Product Offerings
Table 32. D'Addario Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 33. D'Addario Key News & Latest Developments
Table 34. Ernie Ball Company Summary
Table 35. Ernie Ball Guitar Strings Product Offerings
Table 36. Ernie Ball Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 37. Ernie Ball Key News & Latest Developments
Table 38. Martin Company Summary
Table 39. Martin Guitar Strings Product Offerings
Table 40. Martin Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 41. Martin Key News & Latest Developments
Table 42. Fender Company Summary
Table 43. Fender Guitar Strings Product Offerings
Table 44. Fender Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 45. Fender Key News & Latest Developments
Table 46. Gibson Company Summary
Table 47. Gibson Guitar Strings Product Offerings
Table 48. Gibson Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 49. Gibson Key News & Latest Developments
Table 50. GHS Company Summary
Table 51. GHS Guitar Strings Product Offerings
Table 52. GHS Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 53. GHS Key News & Latest Developments
Table 54. Elixir Company Summary
Table 55. Elixir Guitar Strings Product Offerings
Table 56. Elixir Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 57. Elixir Key News & Latest Developments
Table 58. Rotosound Company Summary
Table 59. Rotosound Guitar Strings Product Offerings
Table 60. Rotosound Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 61. Rotosound Key News & Latest Developments
Table 62. DR Strings Company Summary
Table 63. DR Strings Guitar Strings Product Offerings
Table 64. DR Strings Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 65. DR Strings Key News & Latest Developments
Table 66. Dean Markley Company Summary
Table 67. Dean Markley Guitar Strings Product Offerings
Table 68. Dean Markley Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 69. Dean Markley Key News & Latest Developments
Table 70. Everly Company Summary
Table 71. Everly Guitar Strings Product Offerings
Table 72. Everly Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 73. Everly Key News & Latest Developments
Table 74. Augustine Company Summary
Table 75. Augustine Guitar Strings Product Offerings
Table 76. Augustine Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 77. Augustine Key News & Latest Developments
Table 78. Dunlop Company Summary
Table 79. Dunlop Guitar Strings Product Offerings
Table 80. Dunlop Guitar Strings Revenue (US$, Mn) & (2018-2023)
Table 81. Dunlop Key News & Latest Developments
List of Figures
Figure 1. Guitar Strings Segment by Type in 2022
Figure 2. Guitar Strings Segment by Application in 2022
Figure 3. Global Guitar Strings Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Guitar Strings Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Guitar Strings Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Guitar Strings Revenue in 2022
Figure 8. By Type - Global Guitar Strings Revenue Market Share, 2018-2029
Figure 9. By Application - Global Guitar Strings Revenue Market Share, 2018-2029
Figure 10. By Type - Global Guitar Strings Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Guitar Strings Revenue Market Share, 2018-2029
Figure 12. By Application - Global Guitar Strings Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Guitar Strings Revenue Market Share, 2018-2029
Figure 14. By Region - Global Guitar Strings Revenue Market Share, 2018-2029
Figure 15. By Country - North America Guitar Strings Revenue Market Share, 2018-2029
Figure 16. US Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Guitar Strings Revenue Market Share, 2018-2029
Figure 20. Germany Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 21. France Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Guitar Strings Revenue Market Share, 2018-2029
Figure 28. China Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 32. India Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Guitar Strings Revenue Market Share, 2018-2029
Figure 34. Brazil Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Guitar Strings Revenue Market Share, 2018-2029
Figure 37. Turkey Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Guitar Strings Revenue, (US$, Mn), 2018-2029
Figure 41. D'Addario Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Ernie Ball Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Martin Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Fender Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Gibson Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. GHS Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Elixir Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Rotosound Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. DR Strings Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Dean Markley Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Everly Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Augustine Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Dunlop Guitar Strings Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
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