Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 14.97 Billion | USD 25.83 Billion | 5.6% | 2023 |
Zion Market Research has published a report on the global Arts and Crafts for Children Market, estimating its value at USD 14.97 Billion in 2023, with projections indicating that it will reach USD 25.83 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 5.6% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Arts and Crafts for Children Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Arts and crafts require different activities that involve creating things with one's own hands, such as drawing with pencils, carving, thread painting, or making stuff with all kinds of materials. It is simply a hobby, so kids, and adults love arts and crafts. There are classes, workshops, and seminars in schools and training centers where everyone can learn the skills of arts and crafts.
As buyers generally look to do their home projects on their own, the arts and crafts market continues to take a positive trend. In general, customers seem to have a growing curiosity in craftsmanship. But the market has become far more competitive. The mainstream brick-and-mortar arts and crafts shops are competing with huge retailers like Walmart and Target, and also online players like etsy.com. The increased competition has culminated in many companies raising advertising activity in order to drive sales. Although lower price points remain important for many customers, many retailers have increasingly concentrated on gross margin growth and have been more selective with the form and amount of discounts provided. For many suppliers, children’s crafts have powered profits. The goods are still popular with kids.
There are numerous advantages of arts and crafts in children. The arts and craft engage kids and help nurture their creativity. It allows social and physical development in children. Arts and crafts offer various advantages to children such as: fine motor skills development, hand-eye coordination improvement, increases agility, social and physical development, promotes innovation and creation and many more. Parents feel pressure to encourage STEM skills. Crafting is helpful to build STEM skills in children. Skills which are demarcated as those abilities projected to be assumed by individuals with a tertiary-education level degree in the field of science, technology, engineering and math are called as STEM skills. These skills include numeracy and the ability to generate, understand and analyze empirical data included at the pre-primary level.
Teachers are more focused on designing skills and other craft-related activities that deal with tangible product building. Most of those practices are done in classes. Students can use a wider range of visual art resources, like clearer pencils and paint brushes that take advantage of developing motor skills in them. At this point, students try to refine their abilities as they are introduced to sophisticated art projects. Arts and crafts frequently require close hand-eye coordination. It will only make it much easier off at an early age. The more children train, the more their hand-eye coordination can benefit them in almost all walks of life, including their opportunities to succeed in athletics.
The projects given to the students become more organized, which in turn allows the students to enhance their intellectual curiosity by attempting to understand their complex environment. The constructional approach to studying and making artisanal goods is illuminated in this sector. Thus, schools are aware of the benefits related to the use of art and crafts in children and therefore have incorporated art subjects in their curriculum. Therefore the inclusion of art and crafts subject in curriculum ultimately helps drive the market growth of arts and crafts for children.
There are many positives for children from the arts and crafts, including letting them make friends while articulating one another and helping them improve each other’s abilities to learn more creatively. Arts and crafts build a stronger ground for all children who might or might not possess diverse interests, but many of them will want to build stuff with their hands and to see what other kids have made. Hence socializing and developing critical thinking skills is always beneficial for the development of the child. Institutions are aware of the benefits related to the use of art and crafts in children and therefore have incorporated art subjects in their curriculum. Therefore the inclusion of art and crafts subjects in the curriculum ultimately results in the driving of the market growth for arts and crafts for children.
Report Attributes | Report Details |
---|---|
Report Name | Arts and Crafts for Children Market |
Market Size in 2023 | USD 14.97 Billion |
Market Forecast in 2032 | USD 25.83 Billion |
Growth Rate | CAGR of 5.6% |
Number of Pages | 150 |
Key Companies Covered | Faber-Castell, Fiskars Group, Ningbo Rainma stationery CO LTD, Paper Mate (Newell Office Brands), Parker, PILOT Corporation, Pentel of America Ltd, Westcott (Acme United Corporation), Mundial Inc, BEHR Process Corporation |
Segments Covered | By Product Type, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Product Type Segment Analysis Preview:
Based on product type arts and crafts for children market is segmented into drawing pens, paints and stains, craft tools, and others. In the product type segment craft tools segment is anticipated to dominate the segment. Others and paints and stains are anticipated to be the second dominating segments. Drawing pen is expected to hold the least share for the product type segment.
Application Segment Analysis Preview:
Based on the application Arts and Crafts for Children market is segmented into educational use, home use, and others. In the application segment, the educational use segment is anticipated to hold the largest share followed by the home use segment. The others segment is expected to hold the least share for the application segment for the Arts and Crafts for Children market.
Regional Analysis Preview
Asia pacific is anticipated to hold the largest share and grow with fastest CAGR for arts and crafts for children market over the forecast period. Europe is expected to hold the second largest share for arts and crafts for children market. Developed regions like North America and Europe have big presence of E-commerce market which delivers numerous suitable facilities concerning ordering of the product to shipping of the product and other services like discounts, ease of payment application, free delivery, and cash backs is boosting the sales of the arts and crafts for children market. On the other hand developing countries may also have immense presence of e-commerce with growing years Companies are aware that E-commerce provides various services convenient for the consumers; hence it will create more opportunity of sales for arts and crafts market.
Some of key players in Arts and Crafts for Children Market are,
Global Arts and Crafts for Children Market: Product Type Analysis
Global Arts and Crafts for Children Market: Application Analysis
Global Arts and Crafts for Children Market: By Region
FrequentlyAsked Questions
The global Arts and Crafts for Children Market was valued at USD 14.97 Billion in 2023.
The global Arts and Crafts for Children Market is expected to reach USD 25.83 Billion by 2032, growing at a CAGR of 5.6% between 2024 to 2032.
The constructional approach to studying and making artisanal goods is illuminated in this sector. Thus, schools are aware about the benefits related to the use of art and crafts in children and therefore have incorporated art subject in their curriculum. Therefore the inclusion of art and crafts subject in curriculum ultimately helps drive the market growth of arts and crafts for children.
Asia Pacific held a substantial share of the Arts and Crafts for Children Market in 2023.
Some of the major companies operating in the Arts and Crafts for Children Market are Faber-Castell, Fiskars Group, Ningbo Rainma stationery CO.,LTD, Paper Mate (Newell Office Brands), Parker, PILOT Corporation ,Pentel of America, Ltd., Westcott (Acme United Corporation), Mundial Inc., BEHR Process Corporation.
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