JUST RELEASED 4q 2021 Retail Sales Report
Industry Sales Set All Time Record In 4th Quarter
Despite chip shortages, and product shortages, sales soar.
A just released report from Music Trades with a comprehensive analysis of the most recent quarterly retail sales data reveals that despite chip shortages and shipping delays, retail sales of music and audio gear in the United States advanced to an-all-time high in the just completed 4th quarter. Shoppers returned to bricks-and-mortar stores, driving big increases in categories like Sound reinforcement, Percussion, School Music, and Acoustic Pianos that suffered a year ago when Americans were sheltered at home early in the pandemic.
To help manufacturers and retailers better navigate a disrupted marketplace, Music Trades has assembled a comprehensive 18-page analysis detailing sales trends for the fourth quarter in the U.S. music products marketplace. Data includes quarterly year over year sales for 16 different product categories; first ever breakouts of online vs. instore purchases; as well as 5-year historic sales comparisons.
Order the new report below: