How many guitars are sold each year in the world?

How many guitars are sold each year in the world?

Total Guitar Sales
Year Units $ Retail
2017 2,496,185 $839,000,000
2016 2,377,310 $820,746,000
2015 2,341,551 $903,261,000

What brand sells the most guitars?

Fender
Fender has sold more guitars in 2020 than any other year in its history. Best of 2020: It was only three years ago that the Washington Post – bolstered by the likes of Paul McCartney and legendary guitar dealer George Gruhn – declared we were witnessing the “slow death of the electric guitar.”

How many guitars does fender sell per year?

1996 – Production of Fender guitars is estimated at 50,000 guitars a year. The company at this point is worth approximately $250 million. 1998 – A new state of the art 177,000 square foot facility is built in Corona, California. Built on a nineteen acre site, which at this time can manufacture 350 guitars per day.

Are guitar sales declining?

Dispelling the death of guitar Electric guitar sales had fallen 33% in a decade, from 1.5 million units in 2007 to 1 million in 2017.

How many guitars does Gibson make a year?

But Fender says it is doing better financially than ever, carrying less than $100 million in debt, and Gibson still sells 170,000 guitars a year across 80 countries.

Who is the largest guitar manufacturer?

Boasting the title of the “world’s largest guitar manufacturer,” Fender is responsible for the creation and production of a number of the most iconic guitars ever conceived.

How many guitars does the average guitarist own?

Research suggests the average player now owns between seven and eight guitars (though the figures referenced here are, at best, anecdotal), meaning the guitarist with one good amp and electric is increasingly an anomaly.

What is the biggest guitar company in the world?

Fender. Boasting the title of the “world’s largest guitar manufacturer,” Fender is responsible for the creation and production of a number of the most iconic guitars ever conceived.

What is the most expensive guitar brand?

The title of the most expensive guitar in the world goes to the “Reach Out To Asia” Fender Stratocaster, which sold for $2.7 million in 2015. This guitar was the result of Bryan Adams “Reach Out To Asia” project; which was set up to help the victims of the 2004 Indian Ocean earthquake and tsunami.

How many guitars are sold each year in the US?

According to The Music Trades website’s industry census of the United States guitar market, between 2005 and 2013 anywhere between 1.6 million to 2.5 million guitars were sold each year. In 2013, around 2,472,000 guitars were sold at an average price of $433 each.

What is the retail value of an acoustic guitar?

Retail value increased 7.0% to $1.07 billion, compared with $1.00 billion in the previous year. This is a reflection of an increase in guitar sales of over $1,000. Unit shipments of acoustic guitars and acoustic guitars with pick-up assemblies advanced 2.7% to 1.36 million units. Retail dollar value advanced 13.3% to $603.2 million.

How much have guitar prices increased in the last 10 years?

Over the last 10 years, the average price of a guitar has risen by 48%. Unit sales are down 15% over that period of time, but retail sales are up 24.6% overall. The USA accounts for 40% of the global music trade.

Are acoustic guitars more popular than electric guitars?

Acoustic guitars appear in the Billboard 200 2x more often today than electric guitars. Over the last 10 years, the average price of a guitar has risen by 48%. Unit sales are down 15% over that period of time, but retail sales are up 24.6% overall. The USA accounts for 40% of the global music trade.