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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 2016

Stitch by stitch: The DIY fashion trend will support demand, but rising competition may limit growth

IBISWorld’s Fabric, Craft & Sewing Supplies Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
1.0%
Annual Growth 16-21
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Profit
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Employment
64,486
Businesses
22,289
Industry Analysis & Industry Trends

Companies in the Fabric, Craft and Sewing Supplies Stores industry have fought through tough conditions over the five years to 2016. Strong competition from discount department stores and e-tailers eroded demand, taking away some of its market share. Additionally, significant fluctuations in input costs have resulted in uncertain revenue streams and moderate fluctuations in revenue on a yearly basis. However, improving economic conditions have kept revenue on a positive trajectory. Over the next five years, industry demand is projected to increase as rising discretionary spending by consumers promotes spending on industry merchandise. The aging baby boomer demographic and continued popularity of do-it-yourself (DIY) fashion are also expected to support demand over the period... purchase to read more

Industry Report - Industry Products Chapter

Fabrics

Fabrics are expected to account for the majority of the industry revenue in 2016, representing roughly 40.0% of total sales. This segment includes fabrics, such as cotton, satin, silk and corduroy, that are used for apparel construction, home decor and quilting projects. This segment has experienced a moderate rise in its share of revenue over the past five years; driven by a trend towards do-it-yourself (DIY) fashion, a growing number of American consumers have taken on projects to create their own clothes and household decor items... 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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