GITNUX MARKETDATA REPORT 2024
Crafts Industry Statistics
Crafts industry statistics provide insights on trends, market size, economic impact, and consumer behavior within the sector.
In this post, we explore the thriving crafts industry with a focus on valuable statistics and insights that shed light on the market dynamics and trends shaping the global arts and crafts landscape. From the expanding market size projections to the rise of online sales and the impact of crafting activities amidst the pandemic, these statistics offer a comprehensive overview of the industry’s vibrant ecosystem.
Statistic 1
"The global arts and crafts market size is expected to grow by $34.31 billion from 2020 to 2025, progressing at a CAGR of 4%."
Statistic 2
"In 2022, the global DIY (Do It Yourself) tools market, including crafting, is expected to reach $13.9 billion USD."
Statistic 3
"In 2019, the art supplies and craft tools market size in the US made up 24% of the total market."
Statistic 4
"Roughly 62.5 million Americans participated in crafting activities in 2020."
Statistic 5
"In 2021, the scrapbooking products market reached nearly $1.3 billion USD worldwide."
Statistic 6
"Amidst the pandemic, there was an overall 7% growth in hobbies and crafts in the US."
Statistic 7
"There is a 221% increase in online sales for crafting products."
Statistic 8
"Handcraft book sales saw a surge of 7% in the year 2020."
Statistic 9
"In the USA, the yarn craft economy contributed an estimated $2.85 billion in 2018."
Statistic 10
"Approximately 28.8 million US households participated in Woodworking and Other Crafts in 2020."
Statistic 11
"Nearly 63% of Etsy sellers consider their Etsy shop to be a business."
Statistic 12
"Jewelry was the most popular selling category on Etsy, accounting for 13.8% of sales in 2020."
Statistic 13
"Over 90% of the creative products industry in the US is made up of small businesses."
Statistic 14
"The US Crafts & Hobbies industry was around a $30 billion industry in 2020."
Statistic 15
"As of 2021, the average monthly revenue of an Etsy seller was between $100 to $500."
Statistic 16
"Overall, 9 out of 10 US households have a crafter in the family."
Statistic 17
"There are more than 54,000 craft businesses in the UK, contributing £3.4bn to the economy each year."