Musical Instrument StoresSIC 5736 | NAICS 451140 The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more. Select from the following sections or scroll below to view available resources: For guides to other industries, see our index of over 400 industries. Industry Analysis, Trends, Statistics, and Forecasts
Musical Instruments & Supplies Stores
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Retail Market for Musical Instruments (view report) Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
Timeless Communications Corp. Musical Merchandise Review https://mmrmagazine.com/ Monthly trade journal features news and information for music products dealers and distributors, with special features including monthly "Roundtable" and "Dealer Survey" reports which cover a variety of products and accessories and the "America's Top Chains" and "50 Dealer/50 State" reports included in the December year-end review issue. Selected issues of the publication can be viewed free online. http://www.firstresearch.com First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:
National Association of Music Merchants NAMM Global Report https://www.namm.org/ Annual report provides U.S. retail sales data for twelve product markets (e.g., fretted products, brass, woodwind, and stringed instruments, pianos and organs, portable keyboard, percussion, and general accessories), with sales data provided for each market including retail value, market share, and units sold. Summary overview, table of contents, and selected data from this report is available free online. Music Trades Corporation Publications available from this organization include:
The Music Trades
The Retail Top 200
The Music Industry Census
Quarterly Retail Sales Report Industry Financial Ratios Musical Instruments and Supplies Stores https://www.bizminer.com Search for "451140" Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
IBISWorld Musical Instruments & Supplies Stores (see links for individual reports) Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of the annual revenue for establishments that sell musical instruments, sheet music, and related supplies (e.g., audio equipment, components, parts, and accessories) to consumers and may also provide rental, repair, and maintenance services and private music lessons and instruction. PayScale, Inc. Musical Instrument Stores https://www.payscale.com/ Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as general manager, sales manager, store manager, assistant store manager, sales clerk, customer service manager, and musical instrument repair technician, with employers for which salary or hourly rate data is provided including Guitar Center Inc., Sam Ash Music Corp., and Sweetwater Sound, Inc. U.S. Bureau of Labor Statistics Sporting Goods, Hobby, and Musical Instrument Stores https://www.bls.gov/oes/ Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for job titles in this retail sector which includes companies that sell musical instruments, sheet music, and related supplies (e.g., audio equipment, components, parts, and accessories) to consumers and may also provide rental, repair, and maintenance services and private music lessons and instruction. |