NEW DATA THIS MONTH: 2025 Accessory Report
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Just Released 2025 Industry Census Report reveals how the inventory imbalances that plagued retailers, distributors, and manufacturers for the past three years have receded, but demand levels have reset at lower levels as consumers prioritize experiences over hard goods
The music products industry experienced a down year in 2024 as the estimated retail value of shipments to retailers declined to $8.27 billion, off 2.1% from the $8.45 billion level of 2023. This represents the third consecutive year of declining shipments following the unprecedented demand spike prompted by the 2020-21 COVID lock-downs. 2024 shipments however were still 2.3% higher than the pre-COVID levels of 2019, suggesting stabilized.....
Rising prices for essentials crimp discretionary budgets for things like music products
Aggregate revenues for the 100 largest North American-based music products suppliers were essentially flat at $10.3 billion in 2024. The employee count was similarly stable at approximately 20,700. Of the 100 companies ranked, 51 posted sales declines, twelve experienced unchanged sales, and the remaining 37 saw revenue gains. There’s a unique story behind the results of every enterprise on the list, yet three macro trends go a long way towards explaining the industry’s stagnant revenues. Foremost is the lingering impact of COVID era lock-downs that prompted millions .…..
Retailers are bracing for big interruptions for the balance of the year
as 145% duties on imports from China impact key industry product groups
The post-election uptick that helped lift music products in November and December all but disappeared after the start of the year amid uncertainty about tariffs and their inflationary impact, disruptions in supply, and weakening consumer confidence. For the three-month period ending March 31, music retailers nationwide reported a sales decline compared to the same period one year ago. Industry sales have now declined for the last twelve quarters in the low-single digit range. The last year-over-year sales gain occurred in the first quarter of 2022 when sales advanced 5.2%.……...........
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 2024. 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.
Five years of data included.
COMPLETE DATA
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 47 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 327 leading retailers in 58 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 2023.
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