Market Analysis and Insights: Global Music Box Market

A music box or musical box is an automatic musical instrument in a box that produces musical notes by using a set of pins placed on a revolving cylinder or disc to pluck the tuned teeth (or lamellae) of a steel comb. They were developed from musical snuff boxes of the 18th century and called carillons à musique (French for "chimes of music"). Some of the more complex boxes also contain a tiny drum and/or bells in addition to the metal comb.

Due to the COVID-19 pandemic, the global Music Box market size is estimated to be worth US$ 20 million in 2022 and is forecast to a readjusted size of US$ 16 million by 2029 with a CAGR of -2.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, 18 Note accounting for % of the Music Box global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Online Sales segment is altered to an % CAGR throughout this forecast period.

As the market is not so optimistic, market sales of major players are also seeing downward trend. Reuge, Sankyo and Yunsheng are top three producers of music boxes, with 80% market share separately.

Global Music Box Scope and Market Size

The global Music Box market is segmented by company, region (country), type and distribution channel. Players, stakeholders, and other participants in the global Music Box market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and distribution channel for the period 2018-2029.


Segment by Type


18 Note

30 Note

Others

Segment by Distribution Channel

Online Sales

Specialty Store

Supermarket

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Reuge

Sankyo

YUNSHENG