Skip to main content
  1. Market Insights
  2. Consumer
  3. Toys & Hobby
  4. Musical Instruments

Electronic & Electromechanical Musical Instruments - GCC

GCC
  • The revenue generated in the Electronic & Electromechanical Musical Instruments market in 2025 amounts to US$117.45m.
  • It is projected that the market will experience an annual growth rate of 4.56% (CAGR 2025-2029).
  • When compared to other countries globally, China generates the highest revenue in this market segment, with a total of US$2.5bn in 2025.
  • In terms of per person revenues, in 2025, each individual in the country in Gulf Cooperation Council (GCC) generates US$1.92.
  • The demand for electronic and electromechanical musical instruments in the GCC is surging, driven by the region's growing interest in music production and live performances.

Revenue

NOTES: Data was converted from local currencies using average exchange rates of the respective year.

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

Sales Channels

MOST_RECENT_UPDATE: Mar 2024

SOURCE: Statista Market Insights

Global Comparison

MOST_RECENT_UPDATE: Feb 2025

SOURCE: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Key Market Indicators

NOTES: Based on data from IMF, World Bank, UN and Eurostat

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

Contact

Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager
Tel

+1 914 619-5895

Mon - Fri, 9am - 6pm (EST)

Lodovica Biagi
Director of Operations
Tel

+44 (0)20 8189 7000

Mon - Fri, 9:30am - 5pm (GMT)

Ayana Mizuno
Business Development Manager

Mon - Fri, 10:00am - 6:00pm (JST)

Carolina Dulin
Group Director - LATAM
Tel

+1 212 419-5774

Mon - Fri, 9am - 6pm (EST)

Yolanda Mega
Operations Manager
Tel

+65 6995 6959

Mon - Fri, 9am - 5pm (SGT)