Hobby, Arts, and Crafts Stores

Comprehensive market 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. Report contents include:

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

Market research study provides in-depth analysis of the U.S. arts and crafts market from a consumer standpoint, with topics addressed in the report including market overview, brick-and-mortar retailers, online enterprises, marketing strategies, types of crafts made in the last twelve months, money spent on projects, preferred shopping destinations, purchasing behaviors, and consumer segmentation.

Toy & Hobby Stores
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

Association for Creative Industries
Publications available from this trade association include:

Gradient
http://www.afci.global/  Select "Newsroom - Gradient"
Quarterly trade magazine features news and information for crafting product retailers, designers, and distributors, with topics covered in various issues of the magazine including business best practices, expert advice, social media tips, creative store profiles, practical techniques, seasonal merchandising ideas, and new products and trends. Publication is available to AFCI members and subscribers only.

Creative Products Size of the Industry Study
http://www.afci.global/  Select "Membership - Research"
Consumer study provides detailed information on crafter demographics, household participation, total U.S. market spend, average monthly spending by category, purchase locations, and crafter attitudes, with various crafting categories covered by the study including painting, drawing, paper crafts, edible arts, kids crafts, sewing and knitting, jewelry making, floral crafting, and wood crafts and home decor.

International Art Materials Association
Reports available from the "NAMTA Artists & Art Materials Study" include:

Retailer Survey Results
http://www.namta.org/
Triennial retailer survey provides information on the retail art materials market in the U.S. and Canada, with topics covered in the survey including number of stores, product segments, marketing methods, social media, supplier support, store strengths, expansion plans, total sales and growth rate, sales by product category (e.g., art supplies, classes, framing, and other), growth categories, and online sales.

Market Summary
http://www.namta.org/
Triennial market survey provides information on size and growth of the art materials market in the U.S. and Canada, with topics covered in the report including market size, growth over the last three years, market share by retail channel and product category, number of specialty retailers, number of crafts chain stores, specialty art materials retailer sales and growth, and retailer sales by product category.

Industry Financial Ratios
Hobby, Arts, and Craft Stores
https://www.bizminer.com  Search for "451120"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

Craft & Hobby Association
CHA Independent Craft Retailer Benchmark Survey
https://www.craftandhobby.org/

Benchmark survey provides an overview of the independent craft retailer industry, with topics covered in the survey including type of business (e.g., home based, store front), total square footage, annual sales in total and by major product category, annual operating income, average total cost of inventory, average sale per customer, paying customers served, use of social media, and total paid staff hours.

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

Free online service provides median salary and hourly wage data for selected job positions in this retail sector such as retail store manager, department manager, sales associate, floral designer, picture framer, and cashier, with employers for which salary or wage data is provided including Michaels Stores, Hobby Lobby, Jo-Ann Fabric and Craft Stores, and A.C. Moore Arts & Crafts.

Toy, Hobby, Arts, and Craft Stores
https://valuationresources.com/

Comprehensive reference guide provides market-based valuation multiples for small businesses in this retail sector that sell products such as hobby goods, games, arts and crafts supplies, artificial flowers, seasonal decorations, picture frames, and fabrics, patterns, yarns, and sewing supplies.