NEW DATA THIS MONTH: 2023 Accessory Mark Report
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Shipments of music gear were adversely impacted by shifts in consumer spending patterns and rising inflation
The retail value of music products declined in 2022 as the COVID related surge that drove record sales in 2021 subsided. Nevertheless, 2022’s industry shipments represented the second biggest year in history, and was higher than the pre-COVID levels of 2019. Despite significant volumes, the year closed on a cautious note. After robust results in the first half, retailers reported that sales cooled in the second half, likely the result of economic uncertainty, a sinking stock market, and consumers shifting their discretionary spending towards travel and other out of home activities........
The twelve months of 2022 were marked by Slowing Demand, Price Hikes, And An Inventory Glut
The COVID Boom is over, and sales held up better than expected, but inflation, economic uncertainty, and excess inventory are cause for concern. Musical tastes have become increasingly diverse over the past few decades, with Spotify now listing over 1,300 distinct genres on its popular streaming service. Not surprisingly, addressing this broad range of musical tastes requires a variety of retail ..…..
Guitar Imports Plummet as Importers Turn Away From China…Q1 2023 Analysis Of Imports to USA
For the first time in over three decades, China’s share of music products imports to the U.S. has declined. The shift, although dramatic, was hardly surprising. The Chinese Communist Party’s draconic and disruptive COVID related factory shutdowns, as well as its increasing belligerence, led suppliers in every segment of the industry to seek out alternative sources of supply. The common mantra was “We have to reduce our dependence on .....
New report includes sales data for more than two dozen different accessory products.
The accessory category, which includes a wide variety of small goods that complement all musical instruments and audio products, enjoyed strong results in 2022. The estimated retail value of Accessory products shipped to the specialized m.i. distribution channel and sold direct to consumer by manufacturers advanced to a record level from the previous year. In this detailed report… ...
With experience in the medical device field, founder Chris Bradley puts his shop into service for pandemic fight.
Bay Area accessories maker Thalia Capos is retooling to build a simple but potentially life-saving device to help medical teams caring for critical COVID-19 patients. In addition...
Find detailed sales statistics on all music and sound equipment: 55 different categories, average unit prices, sales by price point, unit volume, retail and wholesale margins, year-to-date, and 10-year historical data.
The top 50 online music retailers worldwide, ranked by revenues – plus contact information, base country, employee count, products carried, and year-to-year trends.
Three years of data included.
The 100 leading U.S. music companies ranked by the most recent full-year revenues. Also included: employee count and chief executive for each ranked company, plus complete analysis. Excel version includes company contact information and ten years of data.
The 200 leading U.S. music retailers ranked by the most recent full-year revenues. Also included: employee and store counts, productivity statistics, products carried, and year-to-year trends – plus complete analysis. Excel version includes company contact information and five years of data.
This two-part report includes: 1) A list of the leading 225 music companies around the world, ranked by the most recent full year revenues – plus employee count, CEO, base country, and web address for each. 2) Basic sales and demographic data on 41 countries where music products are sold. Includes complete analysis. Excel version includes two years of country data and five years of company data.
Comprehensive U.S. data on 55 product categories across the music products industry. Find ten years of figures showing sales by unit volume, wholesale and retail value, average unit price, and year-to-year trends. A complete analysis is included.
The best price on Music Trades' four most popular reports: the Music Industry Census, Top 100 Suppliers Report, Top 200 Retailers Report, and Top 225 Global Report
Find sales and company data – including revenues plus employee and location counts – for 260 leading retailers in 46 countries where music products are sold. Includes complete analysis and company profiles on standout retailers around the world. Excel version includes contact information and market data by country.
A snapshot of the latest U.S. sales in 15 music products categories, plus regional data, analysis, and trends going back eight quarters.
The most recent quarter's import figures for key music products categories by product type, price point, and country of origin, plus year-to-year trends and analysis.
The top 50 online music retailers worldwide, ranked by revenues – plus contact information, base country, employee count, products carried, and year-to-year trends. Three years of data included.
This all-new report presents three years of data on U.S. retail and wholesale volumes for all key musical instrument and audio accessories that collectively accounted for over $1.2 billion in retail sales in 2022.
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