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In 2017, the global Arts and Crafts market size was 38400 million US$ and is forecast to 52100 million US in 2025, growing at a CAGR of 3.9% from 2018. The objectives of this study are to define, segment, and project the size of the Arts and Crafts market based on company, product type, application and key regions.Request a Sample of this Report@ http://www.orbisresearch.com/contacts/request-sample/2335329
Emerging fashion trends demanding handicrafts in developed as well as developing countries will boost the market. Other factors propelling the growth of arts and crafts market is inclusive of lesser labor rates, amalgamation of modern techniques and traditional designs and increasing competition. That results in low capital investment, low barriers with respect to new entry, flexibility in production and competitive price. On the other hand, factors that possibly hamper the growth of market includes lack of promotion of products especially in developing countries, skilled labors and lesser interest from young people in craft and art industry.
Overall, the arts and crafts industry will grow steadily with the increasing interests from consumers for do-it-yourself (“DIY”) home projects. However, competition from big box retailers and online players suppresses the traditional brick-and-mortar arts and crafts store. Many retailers have started emphasizing on improving gross margin and developed strategies for levels of discounts offered. Most of the manufacturers are able to earn handsome amount while dealing with children’s crafts. Discussing over holiday season, comparatively this year sales is anticipated to be elevated.
Arts and Crafts market is categorized on the basis of its geography and applications. Based on the arts and crafts product types, it is categorized into Drawing Pen, Craft tools and Paints & Stains and Others. The categorization based on application of arts and crafts encompasses Educational Use, Commercial Use and Home Use.
The key manufacturers in the Arts and Crafts include
• Pilot-Pen
• Faber-Castell
• Paper Mate
• Parker
• Pentel
• PPG Architectural Finishes, Inc.
• BEHR Process Corporation
• Fiskars
• Westcott
• Mundial
Market Size Split by Type
• Drawing Pen
• Paints and Stains
• Craft Tools
• Others
Market Size Split by Application
• Home Use
• Commercial Use
• Educational Use
Furthermore, the report has included elaboration about the major global regions which has North America (Canada, United States and Mexico), Asia-Pacific (Korea, China, Japan, India and Southeast Asia), Europe (France, UK, Germany, Russia and Italy), Middle East and Africa (Egypt, Nigeria, Saudi Arabia, UAE and South Africa) and South America (Argentina, Brazil, and Colombia etc.)
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2. Related Topic: Global Arts and Crafts Tools Market Insights, Forecast to 2025
In 2017, the global Arts and Crafts Tools market size was 3940 million US$ and is forecast to 5430 million US in 2025, growing at a CAGR of 4.1% from 2018. The objectives of this study are to define, segment, and project the size of the Arts and Crafts Tools market based on company, product type, application and key regions.
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Arts and Crafts Tools include the Color Pencil & Pen, Crayon, Art Marker and Craft Tools of Arts and Crafts Tools.
The classification of Arts and Crafts Tools includes Color Pencil & Pen, Crayon, Art Marker and Craft Tools, and the proportion of Color Pencil & Pen in 2017 is about 60%.
Europe is the largest consumption region of Arts and Crafts Tools, with a consumption market share nearly 25% in 2017. China is the second largest consumption region of Arts and Crafts Tools, enjoying consumption value market share nearly 21% in 2017.
Market competition is not intense. Crayola, FILA Group, Office Depot, Newell Brands, Staples inc, Shanghai M&G Stationery and Faber-Castell are the leaders of the industry. Their revenue account 60.34% of the global market.
The key manufacturers in the Arts and Crafts Tools include
• Crayola
• FILA Group
• Office Depot
• Newell Brands
• Staples Inc
• Shanghai M&G Stationery
• Faber-Castell
• Societe BIC
• Pilot-Pen
• Kokuyo Camlin
• Pentel
• Fiskars
• Pelikan Holding
• Mundial SA
• Beifa Group
• Westcott
• Market Size Split by Type
• Color Pencil & Pen
• Crayon
• Art Marker
• Craft Tools
In this study, the years considered to estimate the market size of Arts and Crafts Tools are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
Major Point from Table of Content:
Chapter One: Study Coverage
Chapter Two: Executive Summary
Chapter Three: Breakdown Data by Manufacturers
Chapter Four: Breakdown Data by Type
Chapter Five: Breakdown Data by Application
Chapter Six: North America
Chapter Seven: Europe
Chapter Eight: Asia Pacific
Chapter Nine: Central & South America
Chapter Ten: Middle East and Africa
Chapter Eleven: Company Profiles
Chapter Twelve: Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter Thirteen: Value Chain and Sales Channels Analysis
Chapter Fourteen: Research Findings and Conclusion
Chapter Fifteen: Appendix
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