Global Art and Craft Tools Market Outlook
According to a new report by Expert Market Research titled “Global Art and Craft Tools Market Size, Share, Analysis, Demand, Forecast 2023-2028″, the global art and craft tools market is projected to grow at a CAGR of 6.8% between 2023 and 2028. Aided by the upsurge in do-it-yourself (DIY) trends and the ever-increasing interest in artistic hobbies, the market is expected to grow significantly by 2028.
Art and craft tools encompass a wide range of items used in creating visual and tactile artwork. These tools, which include brushes, paints, sketching tools, knitting and crocheting accessories, and various other materials, are integral to the production of creative output. Their use extends from home-based craft projects to professional artistic endeavours, contributing significantly to the world of visual aesthetics and design.
A key driver of the global art and craft tools market growth is the rising trend of DIY projects and hobbies. As individuals increasingly seek creative outlets for self-expression and stress relief, the demand for art and craft tools has witnessed a significant boost. Furthermore, the proliferation of online tutorials and learning platforms has made artistic activities more accessible to a wider audience, thus stimulating market expansion.
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Additionally, the expanding application of art and craft tools in educational settings contributes to art and craft tools market development. Art education is increasingly recognized for its role in fostering creativity, improving motor skills, and enhancing cognitive development among children. As a result, schools and educational institutions are incorporating art and craft activities into their curriculums, thereby driving up the demand for associated tools.
The rise of e-commerce platforms specializing in art and craft supplies also plays a crucial role in propelling the art and craft tools market demand. These online platforms offer a vast selection of tools and materials catering to diverse artistic pursuits, thereby facilitating consumer access to necessary supplies and boosting sales.
On the industrial front, art and craft tools are integral to sectors such as fashion, interior design, advertising, and filmmaking, among others. The ongoing demand for creative output in these industries fuels the need for quality art and craft tools, providing further momentum to the art and craft tools market expansion.
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Art and Craft Tools Market Segmentation
The market can be divided based on product type, distribution channel, end user, and region.
Market Breakup by Product Type
- Drawing and Painting Tools
- Cutting Tools
- Paper Crafts and Decorative Items
Market Breakup by Distribution Channel
- Convenience Stores
- Hypermarket and Supermarket
- Speciality Stores
- Online Stores
Market Breakup by End User
- Educational Institutes
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global art and craft tools companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Ningbo Haishu Qiao Stationery Co. Ltd.
- Fabbrica Italiana Lapis ed Affini S.p.A.
- CSS Industries Inc.
- The Art and Craft Limited
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