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Fabric, Craft & Sewing Supplies Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fabric, Craft & Sewing Supplies Stores Market Research Report | NAICS 45113 | Jul 2014

All sewn up: Demand from baby boomers and a rise in disposable income will strengthen growth

IBISWorld’s Fabric, Craft & Sewing Supplies Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
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Profit
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Employment
59,789
Businesses
19,705
Industry Analysis & Industry Trends

During the five years to 2014, the Fabric, Craft and Sewing Supplies Stores industry is slowly rebounding from recessionary lows. Improvement in consumer confidence and an anticipated increase in disposable income has helped industry revenue grow, and an increased interest in do-it-yourself (DIY) fashion has encouraged consumers to purchase more fabric and craft supplies. In the five years to 2019, the continued rise in discretionary spending by consumers will promote revenue growth, and the aging baby boomer demographic is also expected to support industry demand. In addition, external competition is expected to decrease over the five-year period, although operators will still experience competition from the expansion of e-commerce and online auction websites... purchase to read more

Industry Report - Industry Analysis Chapter

Companies in the Fabric, Craft and Sewing Supplies Stores industry have fought through tough conditions in the five years to 2014. Since the recession, lower consumer confidence and household disposable income levels have significantly reduced the rate of increase in consumer purchases of industry products, putting downward pressure on sales. In addition, strong competition from discount department stores and e-tailers has eroded demand for the industry, taking away some of its market share. However, as economic conditions improve with a strong anticipated increase in per capita disposable income over 2014, the industry is expected to fare much better, with revenue estimated to increase 1.0% over 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fabric, Craft & Sewing Supplies Stores Industry?

Operators in this industry primarily retail sewing and craft supplies, fabrics, patterns, yarns, needlework accessories, seasonal decorations and sewing machines. Stores that sell sewing machines with other household appliances are excluded from this industry.

Industry Products
FabricsSewing and craft suppliesSeasonal decorationsFabric home decor
 
Industry Activities
Retailing fabricRetailing patternsRetailing sewing suppliesRetailing upholstery materials Retailing yarnsRetailing needlecraft suppliesRetailing sewing machinesRetailing sewing craft suppliesRetailing seasonal decorations


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