DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jqvr25/global_and) has announced the addition of the "Global and Chinese Piano Industry Report, 2014-2017" report to their offering.
Global piano industry, which originated from Europe in the 18th century, has begun to shift to China since the late 1990s. At present, China has been the world's largest piano producer, with the output for 2013 hitting 376,000 units, making up 79.6% of the global total.
Meanwhile, the piano demand in China has been growing, with the year 2013's ownership of pianos per 100 urban households approaching 3.0 units. It is projected that this figure will rise to 3.25 units by 2015 and 4.0 units by 2020.
Driven by a boom in both output and sales volume, China's pianos showed a steady growth in imports, with a CAGR of 29.3% during 2008-2013. In Jan.-Jul.2014, China imported a total of 75,000 pianos, up 15.4% from a year earlier.
In view of a certain gap in piano ownership between China and developed countries (20-30 pianos per 100 households) and the resultant great potential for growth, some well-known foreign manufacturers such as Yamaha and Steinway have sped up their layout in China.
Key Topics Covered:
1. Overview of Piano Industry
2. Development of Global Piano Industry
3. Development Environment for China Piano Industry
4. Development of China Piano Industry
5. Major Global Piano Manufacturers
6. Key Players in China's Piano Industry
7. Summary & Forecast
- Goodway Piano
- Hailun Piano
- Kawai Musical Instruments
- Macao Piano
- Pearl River Piano
- Shanghai Eurasian Piano Company
- Steinway Musical Instruments, Inc.
- Tianjin Young Chang Music
- Xinghai Piano
- Yamaha Corporation
- Yichang Jinbao
For more information visit http://www.researchandmarkets.com/research/jqvr25/global_and