Fabric, Craft & Sewing Supplies Stores in Canada - Industry Market Research Report

Fabric, Craft & Sewing Supplies Stores in Canada - Industry Market Research Report
Fabric, Craft & Sewing Supplies Stores in Canada

The Fabric, Craft and Sewing Supplies Stores industry in Canada has experienced contracting revenue over the next five years, driven primarily by intense and increasing external competition from online sales of fabric and other craft supplies. This decline comes despite rising per capita disposable income levels, which typically increase consumers' propensity to spend on discretionary products. Nonetheless, industry revenue is estimated to decrease an annualized 2.0% to $860.0 million over the five years to 2023, including an estimated 1.1% decline in 2023 alone.

The Fabric, Craft and Sewing Supplies Stores industry in Canada 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.