Global and China Piano Industry Report, 2014-2017byResearch in China Published: September 2014 No of Pages: 64 Single User PDF: US$ 1600 Corporate User PDF: US$ 2500 View Complete Report @ http://www.chinamarketresearchreports.com/114926.html
Global and China Piano Industry Report, 2014-2017 Global Piano Industry, which originated from Europe in the 18th century, has begun to shift to China since the late 1990s. At present, China has been the world’s largest piano producer, with the output for 2013 hitting 376,000 units, making up 79.6% of the global total. Meanwhile, the piano demand in China has been growing, with the year 2013’s ownership of pianos per 100 urban households approaching 3.0 units. It is projected that this figure will rise to 3.25 units by 2015 and 4.0 units by 2020. Driven by a boom in both output and sales volume, China’s pianos showed a steady growth in imports, with a CAGR of 29.3% during 2008-2013. In Jan.-Jul.2014, China imported a total of 75,000 pianos, up 15.4% from a year earlier. Buy a Copy of this Report @ http://www.chinamarketresearchreports.com/contacts/purchase.php?name=114926 .
Global and China Piano Industry Report, 2014-2017 In view of a certain gap in piano ownership between China and developed countries (20-30 pianos per 100 households) and the resultant great potential for growth, some well-known foreign manufacturers such as Yamaha and Steinway have sped up their layout in China. Yamaha entered the Chinese market in 2002 and has so far established 6 subsidiaries in China, including a piano manufacturer -- Hangzhou Yamaha Musical Instruments that produced 67,000 pianos in 2013. Steinway, which ventured into the Chinese market in 2013, mainly operates the following brands: Steinway, Boston, Essex, and Lang Lang. In 2013, the company’s piano revenue reached USD220 million, up 3.6% year on year, including revenue of USD15.6 million from China, an increase of 21.3% compared with the previous year. Inquire for a Discount on this Report @ http://www.chinamarketresearchreports.com/contacts/inquiry.php?name=114926 .
Global and China Piano Industry Report, 2014-2017 Table of Contents 5. Major Global Piano Manufacturers5.1 Yamaha Corporation5.2 Steinway Musical Instruments, Inc.5.3 Kawai Musical Instruments 6. Key Players in China’s Piano Industry6.1 Pearl River Piano6.2 Hailun Piano6.3 Xinghai Piano6.4 YichangJinbao Inquire Before Buying @http://www.chinamarketresearchreports.com/contacts/inquire-before-buy.php?name=114926 .
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