Global Arts and Crafts Market Top Manufacturers Forecast Report 2019-2024

The Global Arts and Crafts Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

This report mainly covers the drawing pen, paints and stains, craft tools, and other product type.

Overall, the arts and crafts industry continues to trend positively, as consumers continue to seek out do-it-yourself (“DIY”) home projects. In general, it seems consumers have an ongoing interest in crafting. However, the industry remains very competitive, with traditional brick-and-mortar arts and crafts stores facing competition from big box retailers such as Wal-Mart and Target, as well as online players such as etsy.com. The increased competition had caused many retailers to increase promotional activity to drive sales. While lower price points remain important for many consumers, many retailers have been recently focused on improving gross margin, and have been more strategic with the type and level of discounts offered.

Children’s crafts: For many manufacturer, children’s crafts have been driving sales over the past year. Products remain popular with children. Going forward into the holiday season, sales at some manufacturer will be compared to elevated sales levels last year. It remains to be seen if the continued popularity of these items will allow sales growth to be maintained, or if another product will become the it-gift with children.

According to this study, over the next five years the Arts and Crafts market will register a 5.6% CAGR in terms of revenue, the global market size will reach US$ 53100 million by 2024, from US$ 38400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Arts and Crafts business, shared in Chapter 3.

Browse the complete Arts and Crafts market Report and TOC @ https://www.decisiondatabases.com/ip/19504-arts-and-crafts-market-analysis-report

The key manufacturers covered in this report:

·         Pilot-Pen

·          Faber-Castell

·          Paper Mate

·          Parker

·          Pentel

·          PPG Architectural Finishes

·          BEHR Process Corporation

·          Fiskars

·          Westcott

·          Mundial

Segmentation by product type:

·         Drawing Pen

·         Paints and Stains

·         Craft Tools

·         Others

Segmentation by application:

·         Home Use

·          Commercial Use

·         Educational Use

This report also splits the market by region:

·         Americas

·          United States

·          Canada

·          Mexico

·          Brazil

·          APAC

·          China

·         Japan

·         …….

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Research objectives

·         To study and analyze the global Arts and Crafts consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

·         To understand the structure of Arts and Crafts market by identifying its various subsegments.

·         Focuses on the key global Arts and Crafts manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

·         To analyze the Arts and Crafts with respect to individual growth trends, future prospects, and their contribution to the total market.

·         To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

·         To project the consumption of Arts and Crafts submarkets, with respect to key regions (along with their respective key countries).

·         To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

·         To strategically profile the key players and comprehensively analyze their growth strategies.

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Other Reports by DecisionDatabases.com:

2017-2022 China Arts and Crafts Market Report (Status and Outlook) @

https://www.decisiondatabases.com/ip/19498-china-arts-and-crafts-market-analysis-report

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