Summary

Canada is diverse and multifaceted with the guitar playing and production in the countries; in Canada there are guitar cultures like the Folk music has a long and rich history in Canada, and the guitar has played a central role in this genre. The Canadian folk music revival of the 1960s saw many young guitarists take up the instrument and incorporate it into traditional folk music. Jazz has a strong following in Canada, and many talented jazz guitarists have emerged from the country over the years. Guitar culture in Canada is diverse and vibrant, with a rich history of guitar playing and production in the country. The guitar continues to be a beloved instrument among musicians and music fans alike, and Canada remains an important part of the global guitar community. The growing guitar business in Canada is always coming up with new features and technology to enhance the tone, playability, and appearance of its instruments. Canada's multicultural landscape has contributed to the diversity of musical styles and genres played on the guitar, leading to a rich and varied guitar culture.

According to the research report "The Canada Guitar Market Overview, 2028," published by Bonafide Research, The Guitar market is projected to reach market size of above USD 140 by 2028.The Canadian guitar market is growing significantly because there is an increase in musicians. Guitar music remains popular in Canada across a range of genres, including folk, rock, blues, and jazz. This has led to a sustained demand for guitars among musicians and enthusiasts alike. Canada has a vibrant music scene, with many aspiring musicians seeking to make a career in the industry. This has resulted in a growing demand for high-quality instruments, including guitars. Overall, the guitar market in Canada is growing due to a combination of factors, including the popularity of guitar music, a rising number of musicians, increasing accessibility, innovation in guitar design, and guitar education. As a result, the market for guitars in Canada is expected to continue to grow in the coming years. Canadian guitar manufacturers are known for their high-quality instruments, which are in demand both domestically and internationally. This has helped establish Canada as a key player. In Canada, people prefer a variety of guitar types, but acoustic guitars are generally more popular than electric guitars. This is because acoustic guitars are versatile and can be used to play a range of genres, from folk and country to rock and pop. Acoustic guitars are also portable and don't require an amplifier or other equipment, which makes them a popular choice for musicians who want to perform on the go. Some Canadians used the electric guitar, especially those who played rock or blues.

Based on the report, the market is segmented into two types, the acoustic guitar and the electric guitar. The acoustic guitar is the only guitar that relies solely on the natural vibration of its wooden body to produce sound. The strings of an acoustic guitar are made of steel or nylon and are strung over the sound hole, which acts as a resonator, amplifying the sound. Acoustic guitars are often used in genres like folk, country, and singer-songwriter music. Electric guitars have a solid body and thinner strings, which are often made of steel, and require an external amplifier or speaker to be heard at higher volumes. Electric guitars are commonly used in rock, blues, and jazz music.

In Canada, there are some popular schools for guitar education, like the Royal Conservatory of Music and the Toronto School of Guitar. The Toronto School of Guitar is a specialized music school that offers guitar lessons to students of all ages and levels. They offer private lessons as well as group classes, and their faculty includes experienced guitarists and educators long and McQuade, Guitar Workshop Plus, and the University Of Toronto Faculty Of Music. Some of the famous guitarists in Canada are Alex Lifeson, Rik Emmett, Jeff Healey, Neil Young, Frank Marino, Kim Mitchell, and more. These all-star guitarists inspired Canadians to learn the guitar. In Canada While the guitar is a popular instrument there is still competition from other instruments, such as the piano, drums, and violin. New technology and innovation in guitar design and production can also create opportunities for the market. There are also opportunities in niche markets, such as high-end guitars, vintage guitars, and customized guitars. There is still a strong interest in music in Canada, which presents an opportunity for the guitar market. Guitars are sold in Canada through brick-and-mortar stores, online retailers such as eBay and Amazon, department stores such as Walmart and Best Buy, and private sellers via the Kijiji or Facebook market place, depending on the distribution channel.

Considered in this report

• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Canada Guitar market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:

• Acoustic Guitar
• Electric Guitar

By Distribution Chanel:

• Offline
• Online

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the guitar industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Canada Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Canada Guitar Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Distribution Channel
7. Canada Guitar Market Segmentations
7.1. Canada Guitar Market, By Product Type
7.1.1. Canada Guitar Market Size, By Acoustic, 2017-2028
7.1.2. Canada Guitar Market Size, By Electric, 2017-2028
7.2. Canada Guitar Market, By Distribution Channel
7.2.1. Canada Guitar Market Size, By Offline, 2017-2028
7.2.2. Canada Guitar Market Size, By Online, 2017-2028
8. Canada Guitar Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: Canada Guitar Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Distribution Channel
Figure 4: Porter's Five Forces of Canada Guitar Market

List of Table
Table 1 : Influencing Factors for Global Guitar Market, 2022
Table 2: Canada Guitar Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Canada Guitar Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 4: Canada Guitar Market Size of Acoustic (2017 to 2028) in USD Billion
Table 5: Canada Guitar Market Size of Electric (2017 to 2028) in USD Billion
Table 6: Canada Guitar Market Size of Offline (2017 to 2028) in USD Billion
Table 7: Canada Guitar Market Size of Online (2017 to 2028) in USD Billion