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Is The Guitar Market Really Dying?

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Re: Is The Guitar Market Really Dying?

#4

Are we sure people aren't just shifting to buying more used guitars on Craigslist or something?

On just about every observable measure ... including cruise ships[1], guitar is dying in popularity. You might get a few minor bumps of new interest because of recent artists like Taylor Swift but overall, guitar is way down.

I learned guitar and never imagined that the instrument would fade but that's exactly what has happened. Electronic music and laptops are this generation's instrument of choice.

[1] https://www.forbes.com/sites/bobbyowsinski/2013/10/08/the-de...

Re: Is The Guitar Market Really Dying?

#5
post #3

Maybe, but isolating particular trends from overall changes in search interests is challenging. Here's the trend for "music": https://trends.google.com/trends/explore?date=all&q=music which is also decreasing. Is music dying?

[deleted]

Re: Is The Guitar Market Really Dying?

#7
post #3

Maybe, but isolating particular trends from overall changes in search interests is challenging. Here's the trend for "music": https://trends.google.com/trends/explore?date=all&q=music which is also decreasing. Is music dying?

> Is music dying?

Is that a rhetorical question?

Exhibit A: https://youtu.be/-toRUB2ctcY

Re: Is The Guitar Market Really Dying?

#9

I suspect that this should really be thought of as, "The biggest buying opportunity, ever!" in the guitar market.

A lot of people are predicting an "ebay guitar apocalypse" as the mass effect of guitar owners start passing away. Because "nobody plays them anymore", the inheritors of dad's property will just put the guitar collection on ebay or donate them.

Your dad's fancy Paul Reed Smith guitar that cost $3000 will only be worth a fraction of that when a million other used PRS guitars flood the market.

It's an interesting prediction.

Re: Is The Guitar Market Really Dying?

#10
As a life-long guitarist, and skeptic of capitalism, I have an anecdote: I own a few high-quality guitars. They have served me well for many a decade, and they are still in perfect condition. Why buy any more guitars?

Perhaps the total number of guitars in circulation is enough? Businesses seem to think that there should be infinite growth forever, but that seems ridiculous to me. I don't think capitalism has a good answer to this problem. Obviously the manufacturers wish for people to buy more and more guitars every year or they go out of business. How can we reward them for a job well done now that more aren't needed?

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