Mexico: revenue of music instruments 2015-2026

In 2020, revenue generated by music instruments in the hobby products market in Mexico stood at approximately 469 million U.S. dollars. After 2020, the generated revenue was projected to show an increase up to 2026. According to the estimates of the Statista market Outlook, the generated revenue in 2026 is 823 million U.S. dollars. This was the highest revenue generated between 2015 to 2026. The lowest revenue generated was in 2016 with a value of 457 million U.S. dollars.

Revenue of music instruments segment in Mexico from 2015 to 2026 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Outlook are estimates
The musical Instruments segments includes various acoustic and electronic or electromechanical musical instruments as well as their parts and accessories, sold both for private and public use (e.g. concert halls).

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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