Percussion Instruments - Southern Asia
Southern Asia- In Southern Asia, the revenue generated in the Percussion Instruments market is projected to reach a substantial amount of US$292.3m in the year 2024.
- This market segment is expected to experience an annual growth rate of 5.15%, as per the compound annual growth rate (CAGR) from 2024 to 2029.
- When compared globally, it is worth noting that China leads the way in terms of revenue, with an estimated US$379.2m in 2024.
- Looking at the per capita figures, it can be observed that in 2024, each person in Southern Asia contributes approximately US$0.15 in revenue to the Percussion Instruments market.
- In Southern Asia, the demand for traditional percussion instruments, such as tabla and mridangam, is experiencing a resurgence among younger generations.
- Key regions:
- Worldwide,
- Asia,
- China,
- Indonesia,
- United Kingdom
Definition:
Percussion instruments are a type of musical instrument that produce sound through vibration when struck, shaken, or scraped. They can be categorized into two groups: tuned percussion instruments, which produce a definite pitch, and untuned percussion instruments, which produce a sound with an indefinite pitch. Examples of percussion instruments include drums, cymbals, tambourines, maracas, xylophones, and gongs. These instruments are used in a variety of musical genres, including classical, jazz, rock, and world music. The market for percussion instruments is driven by factors such as increasing interest in music education, growing popularity of music production, and the rise in music festivals and live performances.
Additional Information:
The market comprises revenue and average revenue per capita. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Yamaha, Pearl, Gretsch, and Ludwig. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Drums family, such as snare drum, bass drum, tom-toms and cymbals
- Hand percussion, such as tambourine, maracas, bongos and congas
- Mallet percussion, such as xylophone, marimba and vibraphone
- Other percussion instruments, such as timpani, glockenspiel, djembe and cowbell
Out-Of-Scope
- Electronic drums, such as drum trigger pads and electronic drum kits
- Accessories of musical instruments, such as sticks, mallets, beaters, drum rugs and stools
