The figures from the Society of Music Merchants record a seven percent increase in 2014
The German musical instrument market saw an increase of nearly 7 per cent last year, the Society of Music Merchants has announced at the Musikmesse conference, currently taking place in Frankfurt. Total turnover for musical instruments and equipment in Germany was around €958m in 2014, compared to €895m in 2013.
However, although most sectors expanded - including drums, percussion, wind and keyboard instruments, music software, DJ equipment and microphones - stringed instruments recorded a slight decline in sales of 4.2 per cent.
The backbone of the industry continues to be classical music instruments, such as strings and keyboards, according to SOMM - although microphones, headphones and PA systems generated significantly more revenue last year, securing the largest share of the market.