According to a report by Statista, the global market for acoustic guitars was valued at approximately 1.4 billion U.S. dollars in 2019.
Industry experts and market research firms estimate that around 2 to 3 million acoustic guitars are sold globally each year. This figure includes both new and used acoustic guitars.
The United States is one of the largest markets for acoustic guitars and accounts for a significant portion of global sales. In the U.S., it is estimated that over 1 million acoustic guitars are sold each year.
The market for acoustic guitars has seen fluctuations over the years, with periods of growth and decline influenced by various factors. However, the overall demand for acoustic guitars has shown a steady trend in recent years.
It's important to note that these figures are estimates based on industry reports and market research, and actual sales numbers may vary year to year.