A drum set, also known as drum kit, is made up of drums, cymbals, and percussion instruments that can be played together on a stand with one player and the cymbals are controlled with the foot pressing the pedal of the hi-have cymbal. Drums are a vital element in a band as they provide melody, dynamics, and rhythm to a song. Drumming helps control the health of the muscles and mental illnesses. The influence of the music and entertainment industry plays a vital role in the growth of the musical instrument and every year new customer engage and turn into buying musical instruments. As the music culture grows, the artists opt for the best-developed drum kit model that drives the growth of drum kits.
COVID-19 Impact Analysis
- The COVID-19 pandemic had negatively affected the growth of the music instrument industry as the channel of distribution disrupted. The production and supply chain halted due to the insufficiency of raw material.
- The hypermarkets’ music store was unavailable to sell its product or restore its shelves with new products due to the implementation of lockdown. On the other hand, online stores were out of stock and unable to meet the requirement.
- This extreme situation has meant that consumers' interest in the necessary products and services has been shifted to help them survive. Entertainment or leisure interests were not of utmost importance.
Top Impacting Factors
- There is worldwide growth in the music and entertainment industry; people are passionate about it. The demand for drum sets is on the rise by the increase in the high availabilities, the growing size of the music industry, and the hunger for learning and skills.
- Children who learn to play the drum from a young age are interested in choosing music for their careers and are interested in having the latest models of drum sets by improving technology and adding features.
- Since the covetous situation in many countries is easing and lockdowns are constrained, people want to go back to their usual routines and enjoy as before. This opportunity provides the drums market with an excellent chance to encourage their product and increase sales positively. Consumers can be assured and encouraged to purchase the product with positive promotion.
Market Trends
Growth in awareness of health benefits from playing the drums.
Drums can help alleviate grave conditions such as stress, anxiety, chronic pain, mental illness, fatigue, dependence, and hypertension. It also helps improve the mood and releases endorphin and alpha waves into the brain that help a person recover. It helps achieve complete relaxation and reduces stress hormones in the body. People with stress and mental fatigue can undergo therapy. This prolonged pandemic has led to increase in the degree of tension and anxiety. This has increased the demand for drum sets.
Educational institution and music companies help grow the drum sets market.
The school is the largest engine of development since they give pupils from a very early age musical instruction and many of them take their careers as music schools. Whereas on the other side, music corporations and artists influence people via their music and individuals choose to study and perfect the tool's ability to perform. Thus, these two reasons might promote the expansion of the market for drums. The post-COVID period will be the vital phase, as firms must encourage positively having a strong consumer influence.
Key Benefits of the Report
- This study presents the analytical depiction of the drum sets industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the drum sets market share.
- The current market is quantitatively analyzed to highlight the drum sets market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed drum sets market analysis on the basis of competitive intensity and how the competition will take shape in coming years
Questions Answered in the Report
- Who are the leading market players active in the drum sets market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Key Market Segments
- By Drum Type
- Electronic Drum Set
- Acoustic Drum Set
- Hybrid Drum Set
- By Application
- Personal
- Commercial
- Music Production/ Direction
- Others
- By Distribution Channel
- Hypermarkets/supermarkets
- Specialized Stores
- Online Retail
- Others
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA
Key Market Players
- Pearl Musical Instrument Co.
- Tama Drums
- Ludwig Drums
- Premier Music International Limited
- Gammon Percussion
- EMD Music
- Yamaha Corporation
- KHS Musical Instrument Co. LTD
- British Drum Co
- Gretsch Drums