The market is dominated by foreign suppliers, as imports account for 52.8% of total market size in 2024. Households drive market demand, with household spending representing 99.1% of total demand in 2024. Italy has the fifth largest market size for musical instruments regionally, with demand reaching USD375 million in 2024. Algam Eko Srl is the largest company in Italy, generating 13.4% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 28.4% of total production value in 2024. The total number of companies increases in 2024, to 2,679 units. The costs of the industry increase by 1.3% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 18.8% of production value in 2024, the eighth highest regionally. The industry’s exports share increases in 2024 to 50.7% of total production output. With production value of USD286 million, Italy accounts for % of the Western Europe total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Musical Instruments in Italy: ISIC 3692. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Musical Instruments in Italy: ISIC 3692 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Household Goods in Italy report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Household Goods?
- How the Household Goods will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Musical Instruments in Italy: ISIC 3692
HEADLINES
MARKET OVERVIEW
Household Goods
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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