Manufacture of musical instruments (PKD 32.20.Z)
This subclass includes:
- the production of string instruments,
- the production of keyboard string instruments, including player pianos,
- the production of keyboard pipe organs, including harmoniums and similar keyboard instruments with free metal reeds,
- the production of accordions and similar instruments, including harmonicas,
- the production of wind instruments,
- the production of percussion instruments (for example drums, xylophones, cymbals, castanets, maracas),
- the production of musical instruments whose sound is produced or must be amplified electrically (for example digital keyboard pianos, keyboard synthesizers),
- the production of musical boxes, fairground organs, barrel organs and the like,
- the production of parts and accessories for musical instruments, for example:
- metronomes, tuning forks, pitch pipes, cards, discs and cylinders for mechanical musical instruments,
- the production of whistles, horns and other signalling wind instruments.
This subclass excludes:
- the reproduction of recorded audio and video cassettes, tapes and discs, classified in 18.20.Z,
- the production of microphones, amplifiers, loudspeakers, headphones and similar devices, classified in 26.40.Z,
- the production of gramophones, tape recorders and similar products, classified in 26.40.Z,
- the production of toy musical instruments, classified in 32.40.Z,
- the publishing of recorded audio cassettes, tapes and discs, classified in 59.20.Z,
- the repair of musical instruments not regarded as cultural heritage or historical musical instruments, classified in 95.29.Z,
- the tuning of pianos and upright pianos, classified in 95.29.Z.
Industry statistics (2025)
Number of companies
Companies
2,929
Companies (primary PKD)
346
Companies with financials
25
Business turnover
Legal structure
Legal formShare of companiesNumber of companies
- JDG85.8%297
- Sp. z o.o.12.1%42
- Sp. k.0.9%3
- Foundation0.6%2
- Sp. j.0.3%1
- Other0.3%1
Financial results
The calculation excludes new companies that pull financial results down. Only firms with a filing in the previous year are included, so market trends are easier to read.
Median revenue
Ranking
Median revenue compared with other PKD codes.
Top companies by revenue
| # | Company | Legal form | Revenue | Net profit |
|---|---|---|---|---|
| 1 | Branch (foreign co.) | USD 4.33m | USD -286.36k | |
| 2 | sp. z o.o. | USD 3.28m | USD 603.38k | |
| 3 | sp. z o.o. | USD 1.77m | USD 11.49k | |
| 4 | sp. z o.o. | USD 1.25m | USD 493.67k | |
| 5 | sp. z o.o. | USD 519.15k | USD 24.02k | |
| 6 | sp. z o.o. + limited partnership | USD 331.53k | USD -38.10k | |
| 7 | sp. z o.o. | USD 122.23k | USD 16.47k | |
| 8 | sp. z o.o. | USD 120.20k | USD 9.28k | |
| 9 | sp. k. | USD 119.67k | USD -36.62k | |
| 10 | sp. z o.o. | USD 92.58k | USD 8.84k |
Fastest-growing companies
| # | Company | Legal form | Revenue | Y/Y growth |
|---|---|---|---|---|
| 1 | sp. z o.o. | USD 3.28m | +48.4% y/y | |
| 2 | sp. z o.o. | USD 1.77m | +25.9% y/y | |
| 3 | sp. z o.o. | USD 1.25m | +14.5% y/y | |
| 4 | sp. z o.o. | USD 120.20k | -2.4% y/y | |
| 5 | sp. z o.o. + limited partnership | USD 331.53k | -20.3% y/y | |
| 6 | sp. z o.o. | USD 519.15k | -23.3% y/y | |
| 7 | sp. k. | USD 119.67k | -26.9% y/y | |
| 8 | sp. z o.o. | USD 122.23k | -44.6% y/y |
Stock market
No companies from this industry are listed.
Related PKD codes in division 32
FAQ
The primary industry for 346 companies is manufacture of musical instruments. 25 entities have filed financial statements.
So far in 2026, 20 new companies with PKD 32.20.Z have been registered. In all of 2025, there were 15 such companies.
So far in 2026, 6 companies with PKD 32.20.Z have been deregistered.
In 2025, the median revenue for PKD 32.20.Z was USD 106.61k and the mean revenue was USD 678.71k, based on 18 financial statements. Averages and medians include only companies that file financial statements, excluding sole proprietorships.
Yes, in 2025, the median net profit was USD 7.72k, an improvement on 2024 (USD 752.00). Among all 674 industries in Poland, PKD 32.20.Z ranks 426th, placing it among the weakest 37%.
The most common legal form for PKD 32.20.Z is a sole proprietorship, used by 297 companies in this industry (85.8% of the total). In second place is sp. z o.o. (42 companies, 12.1%), and in third place – sp. k. (3 companies, 0.9%).

