The Dulcimer is a kind of musical string instrument, a version of the psaltery, where different strings are beaten with the small hammers rather than plucked. Dulcimer stands are made-up of the solid-wood with bottom cross-bars & flexible top, to perfectly fit different instrument sizes & styles. The pegs & cross-bar faces are prolonged to guard the instrument from the scratches. There are two dulcimer stand sizes that are available for dulcimers, which are small dulcimer stands and large dulcimer stand, depending on the instrument being displayed. These stands are available with or without decorative molding accents on the front & rear faces of the stand.
Dulcimer stands are categorized into scissors stands, adjustable stands, dusty strings tri/flat-stander, mountain dulcimer stand, and others. All these stands are basically made of metal, wood (walnut, poplar, oak, chestnut and others) and plastic material. Size of these stands may be small and large. Rising global demand for the dulcimer stands, raw material affluence, increasing need of the product in various industries, and growing technological advancements are likely to boost the market production & sales during the forecast period.
As per analysis, “Global Dulcimer Stands Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the leading players operating in the global dulcimer stands market include Martin, Hal Leonard, Dulcimer Players News, D'Addario, GHS, Homespun, Hamilton, Dusty Strings, Hal Leonard, Hola, Mel Bay, Folk Roots and among others. Leading companies are exploring the market by adopting various mergers & acquisitions (M&A), investments, expansions, novel service launches and collaborations as their favored strategies. Companies are also exploring new geographies through expansions or acquisitions to avail the competitive advantage through combined synergies. These key players of global dulcimer stands market, keeping in vision their latest developments, share, revenue, market sales, product portfolio, areas covered, and other aspects.
The dulcimer stands market is driven by ease of availability through e-commerce websites, followed by increase in people interest in music and rise in demand for strengthening ASW capabilities. However, strict government regulation regarding the use of wood may impact the market. Moreover, growth in acceptance of music education in school curriculum is a key opportunity for market. Furthermore, growth of musical instruments resale segment and increase in popularity of live musical performances are major trend for market.
By geographical analysis, the Europe and North-America regions hold major share in global dulcimer stands market owing to rise in partnership activities of key players along with growth in popularity of live musical performances in the region. The Asia-Pacific region anticipated to witness higher growth rate as a result of rise in demand for high concentration and high-quality Dulcimer Stands, growth in transportation industry coupled with rise in industrialization & urbanizations in the developed & developing countries over the forecast period. The global dulcimer stands market is also expected to influence its peer & parent markets in the terms of sales revenue in the future as a result of increase in interest on the pop music among musicians during the forecast period.
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Ankur Gupta, Head Marketing & Communications