Online Hobby & Craft Supplies Sales in the US - Industry Market Research Report
Online Hobby & Craft Supplies Sales in the US
Online hobby and craft supplies sales include the retail of sewing and craft supplies, including patterns, fabrics and sewing materials on the internet. Over the past five years, online retailers have benefited from an expanding economy and a significant rise in the amount of business conducted online. While the domestic economy fell into a recessionary period in early 2020 as a result of the pandemic, social distancing guidelines and regulations ultimately benefited e-commerce sales and business conducted online. Revenue is expected to increase at a CAGR of 1.8% to reach $13.4 billion over the five years to 2023, including an increase of 1.8% in 2023 alone.
This industry retails sewing and craft supplies, such as fabrics, patterns, yarns, needlework accessories and various other crafting supplies, via the internet. These goods are purchased from domestic and international manufacturers and wholesalers, and then retailed to the general public online.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance