Hobby, Arts, and Crafts Stores
SIC 5945 | NAICS 451120
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.
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Industry Analysis, Trends, Statistics, and Forecasts
Hobby, Crafts & Arts Supplies Stores (view report)
Fabric, Craft & Sewing Supplies Stores (view report)
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
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.
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:
Creative Products Size of the Industry Study
International Art Materials Association
Reports available from the "NAMTA Artists & Art Materials Study" include:
Retailer Survey Results
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Financial Statements and 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
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.
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Compensation and Salary Surveys
Arts & Crafts Store
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.
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Business Valuation Resources