Amateur musicians are powering the demand of both new and secondhand instruments
Bloomberg News
According to an article in today’s Bloomberg News –
Covid has officially turbocharged the guitar market: Online retailer Sweetwater reported record growth last year, surpassing $1 billion in sales; Fender Musical Instruments signed up 900,000 users for its Play lessons app.
The action has been especially pronounced in the secondhand market. David Mandelbrot, chief executive officer of online marketplace Reverb.com LLC, says there’s been a boom for anything that can be used comfortably in the living room—whether guitars, ukuleles, keyboards, or drum machines.
Never-ending isolation has given rise to a condition known as GAS, or gear acquisition syndrome.