Guitars are used in many different genres of music, such as traditional, regional, and folk to modern punk, rock, metal or pop. Additionally, the guitars are used as rhythm instruments, lead instruments, and sometimes both. The guitar is a fretted musical instrument that usually has six strings. Increasing popularity of musical events and festivals, popularity of guitar and growing participation of people into music are some key factors that are expected to boost the growth of guitar market over forecast period. Global Guitar Market is valued at USD 432.34 Million in 2019 and expected to reach USD 503.48 Million by 2026 with the CAGR of 2.20% over the forecast period.
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