Over the five years to 2015, revenue for the Musical Instrument Manufacturing industry in China is estimated to grow at an annualized rate of 10.1% to $5.9 billion. The industry was export-oriented for a long time, with exports' share of revenue reaching a high of 69.0% in 2005; this share declined to 47.3% in 2010 and has decreased since. Exports are expected to account for just 29.9% of industry revenue in 2015. Over the next five years, exports are forecast to grow slowly at an annualized rate of 0.2%.
Musical instrument manufacturers in China produce Chinese musical instruments, Western musical instruments, electronic and other musical instruments as well as related parts and components.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.