Summary

Russia is varied and includes a vast variety of forms, genres, and traditions. In Russia, the guitar is a common musical instrument and has long been a significant part of the nation's musical tradition. The tradition of the Russian seven-string guitar is one of the most noteworthy features of Russian guitar culture. On this guitar, a second string that is tuned to a lower octave allows players to play both chords and bass lines at the same time. Several musical genres, such as jazz, classical music, and Russian folk music, use the seven-string guitar. The guitar is not just popular among young people in Russia. Many older Russians have taken up the guitar as a hobby or pastime in their retirement years. The guitar is considered a symbol of rock music in Russia, and there are many rock bands and guitarists that are well-known and highly respected in the country.

According to the research report "The Russia Guitar Market Overview, 2028," published by Bonafide Research, The Russia Guitar market is expected to grow at above 7% CAGR from 2023 to 2028.In Russia, The popularity of music is on the rise in Russia, with more people taking an interest in learning to play musical instruments. The guitar, in particular, is a popular choice among Russian musicians due to its versatility and accessibility. As the economy in Russia continues to improve, more people have disposable income to spend on leisure activities such as playing music. This has led to increased demand for guitars and related accessories. Rock music has a significant following in Russia, and the guitar is an essential instrument in this genre. Many aspiring rock musicians are purchasing guitars to learn how to play their favorite songs and emulate their favorite artists. Social media has played a significant role in promoting guitar playing in Russia. Musicians can easily connect with each other, share their music, and learn new techniques and styles from one another, leading to increased interest in guitar playing. In recent years, there has been a growing trend of acoustic guitar players using pickups and other technology to amplify their sound, blurring the lines between electric and acoustic. Also, there are some people who depend on the style of music being played, and their individual preferences change. Moreover, the electric guitar is used in rock, metal, and other heavily musical genres.

Based on the report, the market is segmented into two types: acoustic guitar and 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.

The guitar is an important part of many Russian celebrations, including weddings and birthdays. In these contexts, the guitar is often used to provide music for dancing and singing, and it is considered an essential element of the festivities. At Russian weddings, the guitar is often played during the reception, which can last for several hours. Also, there are several schools for the guitar, including the Gnessin Russian Academy of Music. This prestigious music school in Moscow offers a guitar department that provides a comprehensive education in classical guitar technique, theory, and performance. Saint Petersburg State Conservatory, Moscow State Conservatory, the Russian Academy of Music named after G. V. Sviridov, and the Moscow Guitar Academy

The report divides distribution channels into two types, online and offline, via online retailers, distributors, direct sales, and music stores. Online retailers like Musicmag, one of the largest online retailers of musical instruments in Russia, offer a wide selection of guitars, including acoustic, electric, and bass guitars. SoundPro, Ozon, Wildberries, Guitarium there are several guitar distributors present in Russia: BOM Distribution, Argo, Aura Music, D'Addario Russia, and St. Petersburg Music House.

Considered in this report

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

Aspects covered in this report

• Russia 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. Russia 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. Russia 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. Russia Guitar Market Segmentations
7.1. Russia Guitar Market, By Product Type
7.1.1. Russia Guitar Market Size, By Acoustic, 2017-2028
7.1.2. Russia Guitar Market Size, By Electric, 2017-2028
7.2. Russia Guitar Market, By Distribution Channel
7.2.1. Russia Guitar Market Size, By Offline, 2017-2028
7.2.2. Russia Guitar Market Size, By Online, 2017-2028
8. Russia 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: Russia 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 Russia Guitar Market

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