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Musical Instrument & Supplies Stores (NAICS 45114) Industry Market Research Report

Musical Instrument & Supplies Stores - Market Size and Forecast

The Musical Instrument and Supplies Stores report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

HistoricalForecasted
20152016201720182019202020212022202320242025
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Musical Instrument & Supplies Stores Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Musical Instrument & Supplies Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Musical Instrument & Supplies Stores companies in the United States.

Musical Instrument & Supplies Stores Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesMusical Instrument & Supplies Stores
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Musical Instrument & Supplies Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Musical Instrument & Supplies Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Musical Instrument & Supplies Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Included

Audio equip, musical instr, radios, stereos, cds, records
Other musical instruments & accessories
Audio equipment, components, parts & accessories
Pianos and organs
All nonmerchandise receipts
Sheet music & related items
Rental or lease of musical instruments
Receipts from instructions & lessons
Labor charges for work performed by this establishment

Musical Instrument & Supplies Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Included

Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations73%
Supervisors of Sales Workers8%
First-Line Supervisors of Sales Workers8%
First-Line Supervisors of Retail Sales Workers8%
Retail Sales Workers65%
Cashiers8%
Cashiers8%
Retail Salespersons56%
Retail Salespersons56%
Office and Administrative Support Occupations11%
Material Recording, Scheduling, Dispatching, and Distributing Workers5%

Government Contracts

In 2008, the federal government spent a total of $1,636,685 on the musical instrument & supplies stores industry. It has awarded 107 contracts to 26 companies, with an average value of $62,949 per company.

Musical Instrument & Supplies Stores and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Musical Instrument & Supplies Stores Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  
Price$499.00

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