Musical Instrument & Supplies Stores in the US
IBISWorld, February 2013, Pages: 32
Fine tuning: As revenue recovers, competition from discount retailers threatens industry growth
Musical Instrument & Supplies Stores in the US
The trend in the industry will be of consolidation and expansion, either through organic growth or acquisitions, to ensure benefits from economies of scale. Competition from outside the industry will come from mass merchandisers and big-box retailers that leverage the influx of cheap imports. This penetration will likely have profound repercussions on small and independent operators. The industry will also face increasing competition from substitute leisure activities, including online entertainment, video games and sports.
Operators in this industry retail an extensive selection of musical instruments, such as violins and pianos, and associated products, such as microphones and amplifiers. These products are usually sold directly to end consumers. Many industry operators also repair and rent these products and provide music instruction.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
MAJOR COMPANIES.
Guitar Center Inc.
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