Dublin, Sept. 29, 2021 (GLOBE NEWSWIRE) -- The "Global Arts & Crafts Supplies Market (2021-2026) by Product Type, Application, Sales Channel, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Arts & Crafts Supplies Market is estimated to be USD 40.21 Bn in 2021 and is expected to reach USD 59.36 Bn by 2026, growing at a CAGR of 8.1%.
Due to Covid-19 caused lockdowns around the globe, the art & crafts supplies market may earn a greater hand in terms of expansion on the rising demand. People are using this period to fulfill their interests like crafts, drawing, painting, etc. This trait may ping enormous progress prospects for the art & crafts supplies market.
Due to the rising alertness about nature, bio-degradable art & crafts supplies have achieved significant drive over the years, and the advancement of ethnic and traditional art types in numerous nations may greatly boost the art & crafts necessities market. There are a wide variety of substitutes accessible, which hampers the expansion of the market through the forecast period.
Recent Developments
1. Faber-Castell the world's leading stationery giant has launched a product made of recycled paper, Paper pencils. - 19th November 2020.
2. Kokuyo Camlin, the premier stationery brand has launched the ' 2 in 1 Geometry and Pencil box'. - 30th May 2019.
Company Profiles
Some of the companies covered in this report are CSS Industries Inc., Crayola, The Art & Craft Limited, Hobbycraft, Walnut Hollow, Creative Company Ltd, etc.
Competitive Quadrant
The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Arts & Crafts Supplies Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using the Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Growing Online Market Presence of Arts & Crafts Manufacturers
4.1.2 Increasing Desire of Consumers to Spend on Luxury Art Supplies
4.1.3 The Focus of Educational Institutes on Art & Craft Activities
4.2 Restraints
4.2.1 Availability of Broad Range of Substitutes
4.3 Opportunities
4.3.1 Introduction of Attractive & Innovative Products
4.3.2 Development of Eco-Friendly Products
4.3.3 Increase Use of DIY Kits
4.4 Challenges
4.4.1 High Competition in the Market with Increasing Number of Players
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Arts & Crafts Supplies Market, By Product Type
6.1 Introduction
6.2 Color Pencil
6.3 Crayon
6.4 Art Marker
6.5 Craft Tools
6.6 Drawing Pen
6.7 Paints And Stains
6.8 Others
7 Global Arts & Crafts Supplies Market, By Application
7.1 Introduction
7.2 Home
7.3 Commercial
7.4 Educational
7.5 Others
8 Global Arts & Crafts Supplies Market, By Sales Channel
8.1 Introduction
8.2 Stationery Stores
8.3 Departmental Stores
8.4 Supermarkets
8.5 Online Sales
8.6 Others
9 Global Arts & Crafts Supplies Market, By Geography
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Ningbo Haishu Qiao Stationery Co., Ltd
11.2 Fabbrica Italiana Lapis ed Affini S.p.A
11.3 CSS Industries Inc.
11.4 Crayola
11.5 The Art & Craft Limited
11.6 Hobbycraft
11.7 Walnut Hollow
11.8 Creative Company Ltd
11.9 Access Companies, b. dazzle, inc
11.10 China Towns Gifts & Toys Co. Ltd
11.11 Coliro Pearlcolors
11.12 Craftslane
11.13 Craft India
11.14 eeBoo Corp
11.15 Ethnic Kraft
11.16 Himalaya Fine Art
11.17 Hygloss Products Inc
11.18 Nex Products Inc
11.19 Night Light Designs
11.20 Poloppo Inc.
11.21 Sabmatt Corporation
11.22 Scratch-Art Co., Inc.
11.23 The Silver Moccasin
11.24 Societe BIC SA
11.25 Kokuyo Camlin
11.26 Faber-Castell
11.27 STAEDTLER Mars GmbH & Co. KG.
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/vvhph
