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Musical Instrument Manufacturing in Europe Industry Data and Analysis
The Musical Instrument Manufacturing industry in Europe has a market size of €8.0bn in 2026 with annual revenue growth of 47.8 %. This industry manufactures musical instruments - both acoustic and electronic musical instruments. It includes all string, key, wind, percussion and brass instruments. The industry also includes the production of various accessories like tuning forks, metronomes and signal horns, as well as auxiliary items like musical boxes.
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What's included in this industry analysis
IBISWorld's research coverage on the Musical Instrument Manufacturing industry in Europe includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.
About this industry
What's this industry report about?
The Musical Instrument Manufacturing industry in Europe operates under the industry code EU-C322. This industry manufactures musical instruments - both acoustic and electronic musical instruments. It includes all string, key, wind, percussion and brass instruments. The industry also includes the production of various accessories like tuning forks, metronomes and signal horns, as well as auxiliary items like musical boxes. Related terms covered in the Musical Instrument Manufacturing industry in Europe include stringed instruments, keyboard instruments, brass instruments and woodwind instrument.
What's included in this industry?
Products and services covered in Musical Instrument Manufacturing industry in Europe include .
What companies are included in this industry?
The Musical Instrument Manufacturing industry in Europe is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Musical Instrument Manufacturing industry in Europe.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Musical Instrument Manufacturing industry in Europe.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Musical Instrument Manufacturing industry in Europe.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Musical Instrument Manufacturing industry in Europe. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Musical Instrument Manufacturing industry in Europe. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Musical Instrument Manufacturing industry in Europe. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Country Benchmarks
What's included in the Country Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
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Frequently Asked Questions
What is the market size of the Musical Instrument Manufacturing industry in Europe in 2026?
The market size of the Musical Instrument Manufacturing industry in Europe is €8.0bn in 2026.
How many businesses are there in the Musical Instrument Manufacturing industry in Europe in 2025?
There are 7,862 businesses in the Musical Instrument Manufacturing industry in Europe, which has grown at a CAGR of 2.2 % between 2020 and 2025.
Has the Musical Instrument Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Musical Instrument Manufacturing industry in Europe has been growing at a CAGR of 25.3 % between 2020 and 2025.
What is the forecast growth of the Musical Instrument Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Musical Instrument Manufacturing industry in Europe is expected to grow.
What does the Musical Instrument Manufacturing industry in Europe include?
Stringed instruments and Keyboard instruments are part of the Musical Instrument Manufacturing industry in Europe.
Which countries have the most businesses in the Musical Instrument Manufacturing industry in Europe?
The European country with the most businesses in the Musical Instrument Manufacturing industry is Germany.
How competitive is the Musical Instrument Manufacturing industry in Europe?
The level of competition is moderate and steady in the Musical Instrument Manufacturing industry in Europe.
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