According to Cognitive Market Research, The Global Acoustic Guitar market estimation is USD 351 million in 2023 and will grow and expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030.
The demand for Acoustic Guitar is rising due to the Rising Frequency of Live Concerts.
Nylon/Gut Stringed Guitars remain higher in the Acoustic Guitar market.
E-commerce held the highest Acoustic Guitar market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific Acoustic Guitar market will experience the strongest growth until 2030.
