Musical Instrument Stores
Industry Description
The US musical instrument stores industry includes about 4,000 stores with combined annual revenue of about $5 billion. Major companies include Guitar Center and Sam Ash Music. The industry is fragmented: the 50 largest companies account for about 45 percent of revenue.
SIC: 5736
NAICS: 451140
NAICS: 451140
Related Industries:
Musical Instrument Manufacturing, Music Production & Distribution, Consumer Electronics & Appliances Stores, Music Stores, Toy & Hobby StoresTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Guitar Center, Inc. | 2,000.00M | Westlake Village, CA |
| Sam Ash Music Corporation | 380.00M | Hicksville, NY |
| BRACKENBURY SHARED SERVICES PTY LTD | 371.31M | South Melbourne, Vic |
| Guitar Center Holdings, Inc. | 361.50M | Boston, MA |
| SHINSEIDO CO.,LTD. | 360.72M | Suginami-Ku, Tky |
Trends
Industry Concentration Rises - The largest musical instrument retailers account for an increasing...
Industry Indicator
Total US consumer spending, an indicator of music instrument sales, rose 2.5 percent, primarily from nondurable goods expenditures, in November 2011 compared to the same month in 2010.
Quarterly Industry Update
Instrument Imports Increase - Musical instrument imports increased 8.8 percent during the first nine months of 2011 compared to the same period a year earlier, according to Music Trades.


