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Hobby, Arts & Crafts Stores – Industry Analysis, Statistics, Trends, and Forecasts

SIC 5945  |  NAICS 451120

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.
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Industry Analysis, Statistics, Trends, and Forecasts


Hobby, Toy, Arts & Crafts Supplies Stores  (view report)
Fabric, Craft & Sewing Supplies Stores  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Fahy-Williams Publishing, Inc.
Art Materials Retailer
https://artmaterialsretailer.com/

Quarterly trade publication features news and information for art supplies stores, with topics covered including industry news and trends, business management, marketing and merchandising strategies, customer relations, social media tips, retailer-recommended products, and profiles of stores. Current and prior digital editions are available free online, with free subscription available for qualified parties.


Craft Industry Alliance LLC
News / Resources
https://craftindustryalliance.org / surveys

Online resource provides news and information for craft industry professionals, with data provided by various surveys including industry size and growth, craft participant demographics by type of activity, experience level by activity, number of activities, hours per week spent on creative projects, changes in purchasing habits, and anticipated change in craft participation. Articles can be viewed free online.


Mintel Group Ltd.
Arts and Crafts Consumer - US
https://store.mintel.com/

Comprehensive study provides a detailed analysis of this market sector from a consumer standpoint, with topics covered in the report including market overview and drivers, key industry trends, attitudes toward costs of crafts, materials purchased by type of retailer, crafting trends and predictions, crafter demographics, types of crafting projects, crafter motivations, and overcoming barriers to craftmaking.


MRB Research
Arts & Crafts Market
https://www.marketsandresearch.biz/

Market research study provides an in-depth analysis of the market for this product sector on a global and regional basis, with data provided in the study including market size and forecast by product type (e.g., painting and drawing, sewing and fabrics, paper crafts, kids crafts, arts and crafts tools), usage (e.g., personal use, commercial use), global region (e.g., Americas), and country (e.g., US, Canada).


Maia Research
Arts & Crafts Market
https://www.maiaresearch.com/

Market research study analyzes the market for this product sector on a global basis, with information provided in the report including historical and forecast revenue and growth rate by product type (e.g., drawing pen, paints and stains, craft tools, other), application (e.g., educational use, commercial use, personal use), major region (e.g., North America), and country (e.g., United States, Canada, Mexico).


International Art Materials Association
Retailer Study
https://www.namta.org/

Triennial retailer study provides information on the retail art materials market in the U.S. and Canada, with topics covered in the report including number of store locations, total sales and growth, sales by product category (e.g., art supplies, craft supplies, framing supplies and services), in-store vs. online sales, and effectiveness of regular marketing functions and promotional methods in increasing sales.


BizMiner Market Analysis Reports
Hobby, Arts, and Craft Supply Stores
https://www.bizminer.com  Search for "451120" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More industry research reports»

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Hobby, Arts, and Craft Supply Stores
https://www.bizminer.com  Search for "451120" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial ratio analysis can be viewed free online.

IBISWorld Industry Research Reports
Industry Financial Ratios
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.


More financial benchmarking data»

Compensation and Salary Surveys


PayScale, Inc.
Arts & Crafts Store
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as marketing manager, store manager, assistant store manager, graphic designer, customer service manager, retail sales associate, framer, and cashier, with employers for which salary or wage data is provided including The Michaels Companies Inc., Hobby Lobby Stores Inc., and Jo-Ann Stores, LLC.


U.S. Bureau of Labor Statistics
Sporting Goods, Hobby, and Musical Instrument Stores
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for positions employed by companies in this sector which includes retail stores that sell hobby goods, toys, games, and collectibles; art materials and craft supplies; fabrics, patterns, yarns, thread, laces, trimmings, notions, and needlecraft kits; and home decor, picture frames, and seasonal decorations.


More compensation surveys»

BV Guides and Databases


BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for public and private company sales transactions by SIC or NAICS Code. These databases provide detailed information for sales transactions including sales price and terms, purchase price allocation, target financial data, and deal-derived valuation multiples. Sample reports can be viewed free online.

More valuation data»


Related Industries:
Art Dealers and Commercial Art Galleries
Custom Picture Frame Shops
Home Furnishings Stores
Photographers and Photography Studios

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