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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 2015

Loose thread: Competition from e-commerce and online auctions will stunt growth

IBISWorld’s Fabric, Craft & Sewing Supplies Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 10-15
0.2%
Annual Growth 15-20
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Profit
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Employment
60,251
Businesses
20,255
Industry Analysis & Industry Trends

The Fabric, Craft and Sewing Supplies Stores industry is slowly rebounding from recessionary lows. Since most industry items are considered to be discretionary, improvement in consumer confidence and an anticipated increase in disposable income have helped industry revenue grow. In the coming years, a rise in discretionary spending will encourage consumers to increase spending on industry products... purchase to read more

Industry Report - Starting a New Business Chapter

The Fabric, Craft and Sewing Supplies stores industry exhibits low barriers to entry. There are no licensing requirements or government regulations that prevent firms from entering the industry. However, initial capital investments can prevent companies from entering and competition can deter said companies.

The initial cost of establishing retail outlets and purchasing inventory can be substantial for industry entrants. As most operators already carry an extensive range of products, new entrants must find a niche market or incur considerable first-time inventory purchase costs to meet demand and remain sustainable.

High levels of competition, while not regarded as a formal barrier to entry, might also prevent new entrants... 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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