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The annual sales of pianos in the United States is approximately $2.2 billion. This estimate is derived by breaking the population into households and institutions that may purchase pianos, and estimating new and used piano sales separately. It is estimated that 510,000 pianos are sold annually, with 20% or 100,000 being new pianos averaging $10,000 each, and 80% or 400,000 being used pianos averaging $3,000 each. Total new piano sales are $1 billion and total used piano sales are $1.2 billion.

Author

aqaiser

Language

EN