Definition
This industry is part of the Retail Trade Sector in the US. Operators in this industry retail a broad range of musical instruments and related supplies, like violins, pianos, microphones, amplifiers and more. These products are usually sold directly to consumers. Most retailers in this industry undertake sales and administrative activities like specialized customer service, product merchandizing, advertising and inventory control. NAICS definition: This industry comprises of establishments primarily engaged in retailing new musical instruments, sheet music, and related supplies or retailing these new products in combination with musical instrument repair, rental or music instruction.

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.