Global Kids Musical Instrument Market Insights and Forecast to 2028
Due to the COVID-19 pandemic, the global Kids Musical Instrument market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Mini Fully Functional Instrument accounting for % of the Kids Musical Instrument global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While For Toddlers segment is altered to an % CAGR throughout this forecast period.
China Kids Musical Instrument market size is valued at US$ million in 2021, while the US and Europe Kids Musical Instrument are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Kids Musical Instrument landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Kids Musical Instrument include FA Finale, Inc., Melissa & Doug, RockJam, Disney, Marshall, Woodstock Chimes, Vtech, Nino Percussion and Kidzlane, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Kids Musical Instrument Scope and Segment
Kids Musical Instrument market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Kids Musical Instrument market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Mini Fully Functional Instrument
Toy (Not Fully Functional)
Segment by Application
FA Finale, Inc.
Melissa & Doug
First Note USA
Middle East & Africa
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.