The Arts and Crafts industry has experienced significant growth recently. In 2020, the global market size for Arts and Crafts was valued at USD 30.24 billion (Grandview Research). DIY craft enthusiasts in the US spend approximately USD 2,048 annually on creative supplies (NRF Consumer View Winter 2018 report). The online art market reached USD 5.9 billion in 2020 (Hiscox Online Art Trade Report), and the Arts and Crafts industry is projected to grow at a CAGR of 3.3% between 2021 and 2028 (Grandview Research). Online sales contribute 9% to the total arts and crafts market share in the US (IBISWorld, 2019-2020), and over 38 million Americans identified themselves as “Crafters” during that time period (Craft Industry Alliance).
Of the adult crafters, 60% were women and 40% were men (Statista). The UK alone has 6,000 small businesses solely dedicated to arts and crafts (thecreativeindustries). The Australian arts and craft markets are expected to achieve a CAGR of 2.8% by 2025, and digital photography accounted for 41.4% of the global art supply retail trade in 2020 (Grandview Research). In addition, 75% of American households participated in one or more DIY activities last year, contributing $73.7 billion to the GDP in 2017 (National Endowment for the Arts).
China is the largest exporter worldwide, holding a 47.2% market share, followed closely by the USA (Technavio/Littlebirdie). The global 3D printing market is estimated to reach $23 billion in 2022, with a significant impact on related sectors such as home decorating, which accounted for 40% of worldwide trades in 2016 (Technavio/Littlebirdie). Finally, 8.8% of products were purchased from wholesalers globally, and the Creative Toys Market reached a value of $856 million last year (Marketresearch/Clarkwalkerstudio).
These statistics highlight the potential opportunities available to those interested in investing in the growing Arts and Crafts field, ensuring they can maximize their benefits in the future.
Arts And Crafts Industry Statistics Overview
The global online art market size increased to USD 5.9 billion in 2020.
This statistic is a testament to the growing popularity of the Arts and Crafts industry. It shows that the industry is thriving and that more and more people are turning to online art to express themselves and to purchase art for their homes. This statistic is a clear indication that the Arts and Crafts industry is a viable and profitable business opportunity.
The Arts and Crafts Industry is expected to grow at a CAGR of 3.3% between 2021 and 2028.
This statistic is a testament to the potential of the Arts and Crafts Industry, indicating that it is likely to experience steady growth over the next seven years. This is an encouraging sign for those interested in the industry, as it suggests that the sector is likely to remain a viable and profitable one. As such, this statistic is an important one to consider when discussing the Arts and Crafts Industry.
Online sales represent 9% of the total Arts and Crafts market share in the US.
This statistic is a telling indication of the Arts and Crafts industry’s presence in the online space. It highlights the importance of digital marketing and e-commerce for businesses in this sector, and serves as a reminder of the potential for growth in this area.
In 2020, over 60% of adult crafters were women, and 40% were men.
This statistic is a telling indication of the Arts and Crafts industry’s gender divide. It reveals that women are the predominant demographic in the crafting world, making up the majority of adult crafters. This is an important statistic to consider when discussing the Arts and Crafts industry, as it provides insight into the gender dynamics of the industry and how it may be impacting the industry’s growth and development.
As of 2019, more than 6,000 small businesses focused on arts and crafts in the UK.
This statistic is a testament to the thriving arts and crafts industry in the UK. It shows that there is a strong demand for handmade products and services, and that small businesses are taking advantage of this opportunity. This is an encouraging sign for the industry, as it indicates that the sector is growing and that there is potential for further growth in the future.
The Australian arts and craft market is anticipated to achieve a CAGR of 2.8% by 2025.
This statistic is a valuable insight into the future of the Australian arts and craft market, indicating that it is expected to grow steadily over the next few years. This is important information for anyone interested in the Arts and Crafts industry, as it provides an indication of the potential for success in the sector. Furthermore, it can be used to inform decisions about investments, marketing strategies, and other business decisions.
In 2020, digital photography represented 41.4% of the entire arts and crafts market.
This statistic is a telling indication of the current state of the Arts and Crafts industry. It shows that digital photography is a major player in the market, and that it is growing in popularity. This is important information for anyone interested in the Arts and Crafts industry, as it provides insight into the trends and changes that are taking place.
Approximately 75% of US households participated in at least one DIY craft activity during 2020.
This statistic is a testament to the enduring popularity of arts and crafts activities, even in the face of the unprecedented challenges posed by the pandemic. It shows that despite the disruption to everyday life, people still found ways to engage in creative activities, and that the arts and crafts industry remains a vibrant and important part of the economy.
The global 3D printing market is expected to reach $23 billion by 2022, impacting the arts and crafts industry significantly.
This statistic is a powerful indicator of the potential of the arts and crafts industry. It shows that the 3D printing market is expected to grow exponentially in the coming years, and this growth will have a significant impact on the arts and crafts industry. This means that the industry is likely to experience increased demand for its products and services, as well as increased opportunities for innovation and creativity.
Approximately 29% of small business owners in the arts and crafts industry are 55 years old or older.
This statistic is significant in the context of the Arts and Crafts Industry, as it indicates that a large portion of the small business owners in this sector are of an age where they have likely accumulated a wealth of experience and knowledge. This could be beneficial to the industry as a whole, as these individuals can provide valuable insight and guidance to those just starting out.
In 2022, the arts, entertainment, recreation, and accommodation services industries employed 2.00 million people.
This statistic is a telling indication of the importance of the arts, entertainment, recreation, and accommodation services industries in the economy. It shows that these industries are providing employment opportunities to a significant number of people, and that they are an important part of the overall job market. This is especially relevant to a blog post about Arts And Crafts Industry Statistics, as it provides a snapshot of the current state of the industry and its importance to the economy.
The arts and crafts industry reportedly creates over 400,000 jobs in the European Union in 2016.
This statistic is a testament to the power of the arts and crafts industry in the European Union. It demonstrates the sheer number of jobs that the industry has created, and the impact it has had on the economy. It is a clear indication of the industry’s importance and potential for growth. This statistic is an invaluable piece of information for anyone interested in the arts and crafts industry, and is essential for understanding the industry’s current state and future prospects.
The global creative toys market reached $8.56 billion in 2020.
This statistic is a testament to the immense potential of the Arts and Crafts industry. It shows that the global creative toys market is a lucrative and growing sector, with a total market size of $8.56 billion in 2020. This is a clear indication that the Arts and Crafts industry is a viable and profitable venture for entrepreneurs and businesses alike.
In 2016, the DIY home decorating market accounted for 40% of the global art supply retail trade.
This statistic is a telling indication of the immense popularity of DIY home decorating, and its impact on the global art supply retail trade. It speaks to the growing trend of people taking matters into their own hands when it comes to decorating their homes, and the potential for businesses to capitalize on this trend. This statistic is an important piece of the puzzle when it comes to understanding the Arts and Crafts industry.
Conclusion
The global Arts and Crafts industry is a thriving market with immense potential for growth. The latest statistics show that the global Arts and Crafts market size was valued at USD 30.24 billion in 2020, while DIY craft enthusiasts in the US spend around USD 2,048 a year on creative supplies. Additionally, online sales represent 9% of total arts and crafts market share in the US, with over 38 million Americans identifying themselves as “Crafters” as of 2019. Furthermore, more than 6,000 small businesses focused on arts and crafts exist in the UK alone; this number is expected to grow significantly by 2025 due to digital photography representing 41.4% of the entire art supply retail trade globally during 2020. Finally, China remains one of largest exporters worldwide when it comes to arts and crafts products – accounting for 47.2%.
Overall these figures demonstrate an ever-growing demand for creativity within our society which will continue to drive innovation across all aspects related to this sector into 2021 onwards.
References
0. – https://www.technavio.com
1. – https://www.bls.gov
2. – https://www.businessinsider.com.au
3. – https://www.smallbiztrends.com
4. – https://www.grandviewresearch.com
5. – https://www.littlebirdie.com
6. – https://www.ibisworld.com
7. – https://www.statista.com
8. – https://www.nrf.com
9. – https://www.marketresearch.com
10. – https://www.hiscox.co.uk
11. – https://www.data.europa.eu
12. – https://www.thecreativeindustries.co.uk
13. – https://www.nces.ed.gov
