South Korea Musical Instruments Market (2020-2026) | Share, COVID-19 IMPACT, Growth, Outlook, Revenue, Value, Trends, Analysis, Industry, Size, Forecast & Companies
Market Forecast By Type (Percussion Instruments, String Instruments, Piano & Key Instruments, Organs & Air Blown Instruments, Others), By End-users (Commercial Events, Personal Use, Music Production/ Direction, Others) And Competitive Landscape
| Product Code: ETC014323 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Korea Musical Instruments Market Size Growth Rate
The South Korea Musical Instruments Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.82% in 2025, growth builds up to 4.64% by 2029.
South Korea Musical Instruments Market Synopsis
South Korea musical instrument market is expected to grow at a CAGR of 5.6% during the forecast period 2020-2026. The increasing popularity of musical instruments among millennials and Gen Z, rising disposable incomes, growing demand for concerts & festivals, and the emergence of new music schools are some factors projected to drive the market growth in South Korea.
The most popular types of musical instruments in South Korea include keyboards and pianos, electric guitars, acoustic drumsets, violins & cellos, wind instruments such as flutes and clarinets; stringed instruments such as banjos, ukuleles & mandolins; brasswinds like trumpets & trombones; percussion/ethnic instruments such as djembes & cajons; harmonicas; electronic drum pads; digital audio workstations (DAWs); amplifiers/speakers/mixers etc.; pro-audio systems comprising microphones etc.; mixer consoles for recording purposes.
\H3 Players Major players on the South Korean Musical Instruments Market include YAMAHA Corporation., Roland Corporation., KORG Inc., Casio Computer Co., Ltd., Focusrite Audio Engineering Limited ULTIMATE SOUND Bank Corp (USB), EBS Sweden AB Gator Cases Inc., Gibson Brands LLC., Peavey Electronics Corporation SAMSON TECHNOLOGIES CORPORATION et al. Companies have been focusing on product innovation with advanced technologies to offer their customers better quality products at competitive prices thereby driving market growth in this region
Key Highlights of the Report:
- South Korea Musical Instruments Market Outlook
- Market Size of South Korea Musical Instruments Market, 2019
- Forecast of South Korea Musical Instruments Market, 2026
- Historical Data and Forecast of South Korea Musical Instruments Revenues & Volume for the Period 2016 - 2026
- South Korea Musical Instruments Market Trend Evolution
- South Korea Musical Instruments Market Drivers and Challenges
- South Korea Musical Instruments Price Trends
- South Korea Musical Instruments Porter's Five Forces
- South Korea Musical Instruments Industry Life Cycle
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Type for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Percussion Instruments for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By String Instruments for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Piano & Key Instruments for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Organs & Air Blown Instruments for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By End-users for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Commercial Events for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Personal Use for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Music Production/ Direction for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Musical Instruments Market Revenues & Volume By Others for the Period 2016 - 2026
- South Korea Musical Instruments Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By End-users
- South Korea Musical Instruments Top Companies Market Share
- South Korea Musical Instruments Competitive Benchmarking By Technical and Operational Parameters
- South Korea Musical Instruments Company Profiles
- South Korea Musical Instruments Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the South Korea Musical Instruments Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the South Korea Musical Instruments Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 South Korea Musical Instruments Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Musical Instruments Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Musical Instruments Market - Industry Life Cycle |
3.4 South Korea Musical Instruments Market - Porter's Five Forces |
3.5 South Korea Musical Instruments Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 South Korea Musical Instruments Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 South Korea Musical Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in music education and cultural activities in South Korea |
4.2.2 Increasing disposable income leading to higher spending on musical instruments |
4.2.3 Technological advancements leading to innovative musical instruments and equipment |
4.3 Market Restraints |
4.3.1 High import tariffs on musical instruments impacting pricing and affordability |
4.3.2 Limited availability of skilled music teachers and instructors |
4.3.3 Competition from digital platforms and online music learning resources |
5 South Korea Musical Instruments Market Trends |
6 South Korea Musical Instruments Market, By Types |
6.1 South Korea Musical Instruments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Musical Instruments Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 South Korea Musical Instruments Market Revenues & Volume, By Percussion Instruments, 2016 - 2026F |
6.1.4 South Korea Musical Instruments Market Revenues & Volume, By String Instruments, 2016 - 2026F |
6.1.5 South Korea Musical Instruments Market Revenues & Volume, By Piano & Key Instruments, 2016 - 2026F |
6.1.6 South Korea Musical Instruments Market Revenues & Volume, By Organs & Air Blown Instruments, 2016 - 2026F |
6.1.7 South Korea Musical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 South Korea Musical Instruments Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 South Korea Musical Instruments Market Revenues & Volume, By Commercial Events, 2016 - 2026F |
6.2.3 South Korea Musical Instruments Market Revenues & Volume, By Personal Use, 2016 - 2026F |
6.2.4 South Korea Musical Instruments Market Revenues & Volume, By Music Production/ Direction, 2016 - 2026F |
6.2.5 South Korea Musical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Musical Instruments Market Import-Export Trade Statistics |
7.1 South Korea Musical Instruments Market Export to Major Countries |
7.2 South Korea Musical Instruments Market Imports from Major Countries |
8 South Korea Musical Instruments Market Key Performance Indicators |
8.1 Number of music schools and academies offering instrument lessons |
8.2 Percentage of household income spent on musical instruments and accessories |
8.3 Adoption rate of new technology in musical instruments industry |
9 South Korea Musical Instruments Market - Opportunity Assessment |
9.1 South Korea Musical Instruments Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 South Korea Musical Instruments Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 South Korea Musical Instruments Market - Competitive Landscape |
10.1 South Korea Musical Instruments Market Revenue Share, By Companies, 2019 |
10.2 South Korea Musical Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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