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The piano market size is forecast to increase by USD 373.41 million at a CAGR of 2.77% between 2023 and 2028. The market is experiencing significant growth, driven by the inclusion of music education in academic curricula worldwide. This trend is fueled by the recognition of the cognitive benefits of learning to play an instrument, leading to increased demand for pianos in schools and music institutions. Additionally, the preference for customized pianos catering to individual playing styles and preferences is another key growth factor. The availability of advanced music production software has also expanded the market, enabling pianists to create and record their compositions digitally. These trends are expected to continue, driving the market's growth in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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