| Product Code: ETC5027315 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Israel`s piano import market continued to see a diverse range of suppliers, with top exporting countries including Japan, Singapore, China, Czechia, and Spain. Despite a negative CAGR of -11.05% from 2020 to 2024, there was a positive growth rate of 6.41% in 2024 compared to the previous year. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a healthy level of competition among suppliers. This data suggests a resilient piano import market in Israel with potential for future growth and opportunities for market players.

In the Europe region, the Piano market in Israel is projected to expand at a stable growth rate of 2.75% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Israel Piano Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Piano Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Piano Market - Industry Life Cycle |
3.4 Israel Piano Market - Porter's Five Forces |
3.5 Israel Piano Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Israel Piano Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Israel Piano Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in music education and cultural activities in Israel |
4.2.2 Rising disposable income leading to increased spending on luxury items like pianos |
4.2.3 Technological advancements in piano manufacturing, making them more appealing and accessible to a wider audience |
4.3 Market Restraints |
4.3.1 High import taxes on musical instruments, including pianos, leading to higher prices for consumers |
4.3.2 Limited availability of skilled piano technicians and tuners in Israel, affecting the maintenance and quality of pianos in the market |
5 Israel Piano Market Trends |
6 Israel Piano Market Segmentations |
6.1 Israel Piano Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Israel Piano Market Revenues & Volume, By Grand Piano, 2021-2031F |
6.1.3 Israel Piano Market Revenues & Volume, By Upright Piano, 2021-2031F |
6.2 Israel Piano Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Israel Piano Market Revenues & Volume, By Learning and Teaching, 2021-2031F |
6.2.3 Israel Piano Market Revenues & Volume, By Entertainment, 2021-2031F |
6.2.4 Israel Piano Market Revenues & Volume, By Other, 2021-2031F |
7 Israel Piano Market Import-Export Trade Statistics |
7.1 Israel Piano Market Export to Major Countries |
7.2 Israel Piano Market Imports from Major Countries |
8 Israel Piano Market Key Performance Indicators |
8.1 Number of music schools and institutions offering piano education programs in Israel |
8.2 Average household income trends in Israel |
8.3 Adoption rate of digital pianos in the Israeli market |
9 Israel Piano Market - Opportunity Assessment |
9.1 Israel Piano Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Israel Piano Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Israel Piano Market - Competitive Landscape |
10.1 Israel Piano Market Revenue Share, By Companies, 2024 |
10.2 Israel Piano Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |