Arts And Crafts Market on Track for Strong Growth, Estimated to Grow at 7.2% CAGR Through 2029

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What Is the Expected CAGR for the Arts And Crafts Market Through 2025?
The market size for arts and crafts has seen significant expansion in the past few years. It is projected to augment from $44.47 billion in 2024 to $47.35 billion in 2025 with a compounded annual growth rate (CAGR) of 6.5%. The historical growth in this sector can be credited to factors like the escalation of eco-friendly and sustainable product demand, an embracing of cultural diversity, an increase in gift-giving culture, expansion of instruction and workshops, and a preference for personalization among customers.

What's the Projected Size of the Global Arts And Crafts Market by 2029?
The anticipated growth of the arts and crafts market is set to be robust in the next few years, expanding to a market size of $62.61 billion in 2029, with a 7.2% compound annual growth rate (CAGR). The expansion during the prediction period is due to factors such as the rapid digital transformation, heightened personalization, increasing cross-industry influences, a rising DIY culture, and an increase in disposable income. Furthermore, forecasted trends for this period encompass technological integration within crafts, product innovation, advancement in technology, assimilation of technologies, and booming collaborations.

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Top Growth Drivers in the Arts And Crafts Industry: What's Accelerating the Market?
The anticipated expansion of the arts and crafts market is attributed to heightened government funding for these sectors. Government funding involves allocating resources to programs or policies that resolve distinct societal, economic, environmental, or political dilemmas prevalent in a country or region. Governments can play an instrumental role in preserving the vitality of arts and crafts, contributing to the economic and cultural landscape, and benefiting artists, craftspeople, as well as the wider society. As an illustration, the Americans for the Arts, a US-based non-profit establishment, reported in August 2023 that local government subsidies for local arts agencies amounted to $1.01 billion in 2023, an uplift of 7.5% from the preceding year. Consequently, the escalation in government funding for arts and crafts stimulates the advancement of the arts and crafts market.

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Which Emerging Trends Are Transforming the Arts And Crafts Market in 2025?
Major enterprises within the arts and crafts sector like D & L Craftworkz, an Australia-based manufacturer, are branching out into producing unique products such as targeted crafting gear, in a bid to gain a competitive advantage in the industry. Specialized crafting tools have the capacity to tremendously broaden a crafter's artistic scope, allowing for more complex and professional outcomes. These instruments are crucial to transitioning a crafting pastime into a feasible professional pursuit. For example, in April 2024, D & L Craftworkz launched a selection of arts and crafts supplies tailored for hobbyists and professionals in Australia. This latest assortment aims to equip crafters with all necessary tools and materials for realizing their creative ideas. Included in this array of products is D & L Air-dry clay, a versatile, budget-friendly material that caters to a range of crafters from children engaged in preschool art activities to adults involved in crafting handmade wedding adornments.

What Are the Main Segments in the Arts And Crafts Market?
The arts and crafts market covered in this report is segmented -

1) By Type: Painting and Drawing, Sewing and Fabric, Paper Crafts, Kids Crafts, Arts and Crafts Tools, Other Types
2) By Materials Used: Traditional Materials, Recycled and Upcycled Materials, Mixed Media
3) By Target Audience: Children's Crafts, Adult Crafts, Senior Crafts
4) By Distribution Channels: Brick-and-Mortar Retailers, Online Platforms
5) By Application: Personal Use, Commercial Use

Subsegments:
1) By Painting And Drawing: Acrylic Paints, Watercolor Paints, Oil Paints, Pastels And Charcoal, Drawing Tools
2) By Sewing And Fabric: Sewing Machines, Fabrics And Textiles, Needlework Kits, Thread And Embellishments
3) By Paper Crafts: Scrapbooking, Card Making, Origami And Paper Folding, Paper Cutting And Stamping
4) By Kids Crafts: Craft Kits For Children, Crafting Tools For Kids, Paint And Color Sets, Beading And Jewelry Making Kits
5) By Arts And Crafts Tools: Brushes And Sponges, Cutting Tools (Scissors, Knives), Craft Adhesives, Stamps And Stencils
6) By Other Types: Pottery And Ceramics, Candle Making, Beading And Jewelry Making, Woodworking And Carving

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Which Top Companies are Driving Growth in the Arts And Crafts Market?
Major companies operating in the arts and crafts market report are FILA Group LLC; Hobby Lobby Stores Inc.; Michaels Stores Inc.; Shanghai M&G Stationery; Etsy Inc.; Newell Brands Inc.; Société Bic S.A.; Jo-Ann Stores Inc.; Fiskars Group; Crayola LLC; IG Design Group PLC; Pilot-Pen; Pelikan International Corporation; Mundial SA; Kokuyo Camlin Ltd.; Arteza LLC; Westcott; Asian Handicrafts Pvt. Ltd.; Pentel; Faber-Castell AG; CREA Innovations Ltd.; Beifa Group Co. Ltd.; Laizhou Zhonghe Arts and Crafts Co. Ltd.

Which Regions Will Dominate the Arts And Crafts Market Through 2029?
North America was the largest region in the arts and crafts market in 2024. The regions covered in the arts and crafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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