

The global Piano market size is predicted to grow from US$ 2435 million in 2025 to US$ 2738 million in 2031; it is expected to grow at a CAGR of 2.0% from 2025 to 2031.
Pianoforte is a musical instrument in which felt-covered hammers, operated from a keyboard, strike the metal strings. It is commonly used for solo performances, ensemble, accompaniment and other performances, and it is very convenient for composing and rehearsing music.
Global Piano key players include Yamaha Pianos, KAWAI, Samick, Youngchang, Steinborgh, etc. Global top five players hold a share about 30%.
North America is the largest market, with a share about 60%, followed by China and Europe, having a total share about 30 percent.
In terms of product, Upright piano is the largest segment, with a share about 80%. And in terms of application, the largest application is Learning and teaching, followed by Performance, Entertainment.
The “Piano Industry Forecast” looks at past sales and reviews total world Piano sales in 2024, providing a comprehensive analysis by region and market sector of projected Piano sales for 2025 through 2031. With Piano sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Piano industry.
This Insight Report provides a comprehensive analysis of the global Piano landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Piano portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Piano market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Piano and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Piano.
This report presents a comprehensive overview, market shares, and growth opportunities of Piano market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Grand piano
Upright piano
Segmentation by Application:
Performance
Learning and teaching
Entertainment
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Yamaha Pianos
KAWAI
Samick
Youngchang
Steinborgh
Steinway
Bechstein
Mason and Hamlin
AUGUST FOERSTER
Fazioli
Guangzhou Pearl River Piano Group
Hailun Pianos
Xinghai Piano Group
Goodway
DUKE Piano
Shanghai Mendelssohn Piano
Nanjing Schumann Piano
Harmony Piano
Artfield Piano
Shanghai Piano
J-Sder Piano
Kingsburg Piano
Huapu Piano
Key Questions Addressed in this Report
What is the 10-year outlook for the global Piano market?
What factors are driving Piano market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Piano market opportunities vary by end market size?
How does Piano break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Piano Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Piano by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Piano by Country/Region, 2020, 2024 & 2031
2.2 Piano Segment by Type
2.2.1 Grand piano
2.2.2 Upright piano
2.3 Piano Sales by Type
2.3.1 Global Piano Sales Market Share by Type (2020-2025)
2.3.2 Global Piano Revenue and Market Share by Type (2020-2025)
2.3.3 Global Piano Sale Price by Type (2020-2025)
2.4 Piano Segment by Application
2.4.1 Performance
2.4.2 Learning and teaching
2.4.3 Entertainment
2.5 Piano Sales by Application
2.5.1 Global Piano Sale Market Share by Application (2020-2025)
2.5.2 Global Piano Revenue and Market Share by Application (2020-2025)
2.5.3 Global Piano Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Piano Breakdown Data by Company
3.1.1 Global Piano Annual Sales by Company (2020-2025)
3.1.2 Global Piano Sales Market Share by Company (2020-2025)
3.2 Global Piano Annual Revenue by Company (2020-2025)
3.2.1 Global Piano Revenue by Company (2020-2025)
3.2.2 Global Piano Revenue Market Share by Company (2020-2025)
3.3 Global Piano Sale Price by Company
3.4 Key Manufacturers Piano Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Piano Product Location Distribution
3.4.2 Players Piano Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Piano by Geographic Region
4.1 World Historic Piano Market Size by Geographic Region (2020-2025)
4.1.1 Global Piano Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Piano Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Piano Market Size by Country/Region (2020-2025)
4.2.1 Global Piano Annual Sales by Country/Region (2020-2025)
4.2.2 Global Piano Annual Revenue by Country/Region (2020-2025)
4.3 Americas Piano Sales Growth
4.4 APAC Piano Sales Growth
4.5 Europe Piano Sales Growth
4.6 Middle East & Africa Piano Sales Growth
5 Americas
5.1 Americas Piano Sales by Country
5.1.1 Americas Piano Sales by Country (2020-2025)
5.1.2 Americas Piano Revenue by Country (2020-2025)
5.2 Americas Piano Sales by Type (2020-2025)
5.3 Americas Piano Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Piano Sales by Region
6.1.1 APAC Piano Sales by Region (2020-2025)
6.1.2 APAC Piano Revenue by Region (2020-2025)
6.2 APAC Piano Sales by Type (2020-2025)
6.3 APAC Piano Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Piano by Country
7.1.1 Europe Piano Sales by Country (2020-2025)
7.1.2 Europe Piano Revenue by Country (2020-2025)
7.2 Europe Piano Sales by Type (2020-2025)
7.3 Europe Piano Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Piano by Country
8.1.1 Middle East & Africa Piano Sales by Country (2020-2025)
8.1.2 Middle East & Africa Piano Revenue by Country (2020-2025)
8.2 Middle East & Africa Piano Sales by Type (2020-2025)
8.3 Middle East & Africa Piano Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Piano
10.3 Manufacturing Process Analysis of Piano
10.4 Industry Chain Structure of Piano
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Piano Distributors
11.3 Piano Customer
12 World Forecast Review for Piano by Geographic Region
12.1 Global Piano Market Size Forecast by Region
12.1.1 Global Piano Forecast by Region (2026-2031)
12.1.2 Global Piano Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Piano Forecast by Type (2026-2031)
12.7 Global Piano Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Yamaha Pianos
13.1.1 Yamaha Pianos Company Information
13.1.2 Yamaha Pianos Piano Product Portfolios and Specifications
13.1.3 Yamaha Pianos Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Yamaha Pianos Main Business Overview
13.1.5 Yamaha Pianos Latest Developments
13.2 KAWAI
13.2.1 KAWAI Company Information
13.2.2 KAWAI Piano Product Portfolios and Specifications
13.2.3 KAWAI Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 KAWAI Main Business Overview
13.2.5 KAWAI Latest Developments
13.3 Samick
13.3.1 Samick Company Information
13.3.2 Samick Piano Product Portfolios and Specifications
13.3.3 Samick Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Samick Main Business Overview
13.3.5 Samick Latest Developments
13.4 Youngchang
13.4.1 Youngchang Company Information
13.4.2 Youngchang Piano Product Portfolios and Specifications
13.4.3 Youngchang Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Youngchang Main Business Overview
13.4.5 Youngchang Latest Developments
13.5 Steinborgh
13.5.1 Steinborgh Company Information
13.5.2 Steinborgh Piano Product Portfolios and Specifications
13.5.3 Steinborgh Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Steinborgh Main Business Overview
13.5.5 Steinborgh Latest Developments
13.6 Steinway
13.6.1 Steinway Company Information
13.6.2 Steinway Piano Product Portfolios and Specifications
13.6.3 Steinway Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Steinway Main Business Overview
13.6.5 Steinway Latest Developments
13.7 Bechstein
13.7.1 Bechstein Company Information
13.7.2 Bechstein Piano Product Portfolios and Specifications
13.7.3 Bechstein Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Bechstein Main Business Overview
13.7.5 Bechstein Latest Developments
13.8 Mason and Hamlin
13.8.1 Mason and Hamlin Company Information
13.8.2 Mason and Hamlin Piano Product Portfolios and Specifications
13.8.3 Mason and Hamlin Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Mason and Hamlin Main Business Overview
13.8.5 Mason and Hamlin Latest Developments
13.9 AUGUST FOERSTER
13.9.1 AUGUST FOERSTER Company Information
13.9.2 AUGUST FOERSTER Piano Product Portfolios and Specifications
13.9.3 AUGUST FOERSTER Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 AUGUST FOERSTER Main Business Overview
13.9.5 AUGUST FOERSTER Latest Developments
13.10 Fazioli
13.10.1 Fazioli Company Information
13.10.2 Fazioli Piano Product Portfolios and Specifications
13.10.3 Fazioli Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Fazioli Main Business Overview
13.10.5 Fazioli Latest Developments
13.11 Guangzhou Pearl River Piano Group
13.11.1 Guangzhou Pearl River Piano Group Company Information
13.11.2 Guangzhou Pearl River Piano Group Piano Product Portfolios and Specifications
13.11.3 Guangzhou Pearl River Piano Group Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Guangzhou Pearl River Piano Group Main Business Overview
13.11.5 Guangzhou Pearl River Piano Group Latest Developments
13.12 Hailun Pianos
13.12.1 Hailun Pianos Company Information
13.12.2 Hailun Pianos Piano Product Portfolios and Specifications
13.12.3 Hailun Pianos Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hailun Pianos Main Business Overview
13.12.5 Hailun Pianos Latest Developments
13.13 Xinghai Piano Group
13.13.1 Xinghai Piano Group Company Information
13.13.2 Xinghai Piano Group Piano Product Portfolios and Specifications
13.13.3 Xinghai Piano Group Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Xinghai Piano Group Main Business Overview
13.13.5 Xinghai Piano Group Latest Developments
13.14 Goodway
13.14.1 Goodway Company Information
13.14.2 Goodway Piano Product Portfolios and Specifications
13.14.3 Goodway Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Goodway Main Business Overview
13.14.5 Goodway Latest Developments
13.15 DUKE Piano
13.15.1 DUKE Piano Company Information
13.15.2 DUKE Piano Piano Product Portfolios and Specifications
13.15.3 DUKE Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 DUKE Piano Main Business Overview
13.15.5 DUKE Piano Latest Developments
13.16 Shanghai Mendelssohn Piano
13.16.1 Shanghai Mendelssohn Piano Company Information
13.16.2 Shanghai Mendelssohn Piano Piano Product Portfolios and Specifications
13.16.3 Shanghai Mendelssohn Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Shanghai Mendelssohn Piano Main Business Overview
13.16.5 Shanghai Mendelssohn Piano Latest Developments
13.17 Nanjing Schumann Piano
13.17.1 Nanjing Schumann Piano Company Information
13.17.2 Nanjing Schumann Piano Piano Product Portfolios and Specifications
13.17.3 Nanjing Schumann Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Nanjing Schumann Piano Main Business Overview
13.17.5 Nanjing Schumann Piano Latest Developments
13.18 Harmony Piano
13.18.1 Harmony Piano Company Information
13.18.2 Harmony Piano Piano Product Portfolios and Specifications
13.18.3 Harmony Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Harmony Piano Main Business Overview
13.18.5 Harmony Piano Latest Developments
13.19 Artfield Piano
13.19.1 Artfield Piano Company Information
13.19.2 Artfield Piano Piano Product Portfolios and Specifications
13.19.3 Artfield Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Artfield Piano Main Business Overview
13.19.5 Artfield Piano Latest Developments
13.20 Shanghai Piano
13.20.1 Shanghai Piano Company Information
13.20.2 Shanghai Piano Piano Product Portfolios and Specifications
13.20.3 Shanghai Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Shanghai Piano Main Business Overview
13.20.5 Shanghai Piano Latest Developments
13.21 J-Sder Piano
13.21.1 J-Sder Piano Company Information
13.21.2 J-Sder Piano Piano Product Portfolios and Specifications
13.21.3 J-Sder Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 J-Sder Piano Main Business Overview
13.21.5 J-Sder Piano Latest Developments
13.22 Kingsburg Piano
13.22.1 Kingsburg Piano Company Information
13.22.2 Kingsburg Piano Piano Product Portfolios and Specifications
13.22.3 Kingsburg Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Kingsburg Piano Main Business Overview
13.22.5 Kingsburg Piano Latest Developments
13.23 Huapu Piano
13.23.1 Huapu Piano Company Information
13.23.2 Huapu Piano Piano Product Portfolios and Specifications
13.23.3 Huapu Piano Piano Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 Huapu Piano Main Business Overview
13.23.5 Huapu Piano Latest Developments
14 Research Findings and Conclusion
*If Applicable.