GITNUX MARKETDATA REPORT 2024

Profitable Etsy Shops Statistics

Etsy shops in the top 10% generate 70% of total sales, with an average annual revenue of $200,000.

In this post, we’ll explore key statistics surrounding profitable Etsy shops, revealing insights such as the top-selling categories, revenue figures, seller aspirations, and more. From the dynamics of Etsy sales to the demographics of sellers, these statistics shed light on the lucrative potential of running an Etsy shop.

Statistic 1

"Jewellery and accessories were the most profitable category on Etsy in 2019."

Sources Icon

Statistic 2

"Etsy sellers in the US made over $4.1 billion in sales in 2019."

Sources Icon

Statistic 3

"Among Etsy sellers, 74% said they aspired to grow their sales in the coming year."

Sources Icon

Statistic 4

"Etsy sellers sold goods worth $346 million in Q4 2020."

Sources Icon

Statistic 5

"On average, it takes up to three years for Etsy sellers to make their business profitable."

Sources Icon

Statistic 6

"Etsy shops have the potential to earn between $100 and $5000 a month."

Sources Icon

Statistic 7

"28% of Etsy sellers are aged between 30 and 39."

Sources Icon

Statistic 8

"The average time spent by buyers on Etsy is about 6 minutes."

Sources Icon

Statistic 9

"Etsy revenue grew by 106.7% year over year in 2020."

Sources Icon
In conclusion, the statistics reveal the significant potential for profitability within the Etsy marketplace, particularly in the jewelry and accessories category. Etsy has demonstrated substantial growth over the years, with sellers in the US generating billions in sales annually. The data also highlight the optimism among Etsy sellers for future sales growth. Despite the time investment required for profitability, Etsy shops offer a range of earning possibilities, attracting sellers across different age groups. The platform’s revenue growth and buyer engagement further emphasize its attractiveness as a viable avenue for online sales.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Explore More Market Data Reports

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!