Revenue generated by the Fabric, Crafts and Sewing Supplies Stores industry is estimated to have risen during the current five-year period. Industry revenue growth has been driven primarily by rising per capita disposable income, which has increased consumers' propensity to spend on discretionary industry products. Nonetheless, strong external competition from online sales of fabric and craft goods has tempered the industry's revenue growth during the period. Over the next five years, revenue is expected to continue to grow, albeit at a tempered rate. This is because IBISWorld expects that a growing share of demand for the industry's products will be satisfied by online stores, as consumers' affinity towards e-commerce continues to rise.
This industry sells 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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.