K-12 arts and crafts material market to grow by USD 570.47 million from 2022 to 2027|Growing demand for paper-based stationery products drives growth

Yoshiko Yap

NEW YORK, Aug. 7, 2023 /PRNewswire/ — The K-12 arts and crafts material market is set to grow by USD 570.47 million from 2022 to 2027 progressing at a CAGR of 2.81% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. Growing demand for paper-based stationery products drives the growth of the K-12 arts and crafts material market. Various educational institutions use paper-based products to conduct arts and crafts classes. and thus, the market witnesses increased demand for paper-based products from schools around the world. The ease of using paper-based arts and crafts drives this demand. Furthermore, various colored papers, easel scrolls, and many other attractive papers are increasingly being used in arts and crafts classes in schools. Hence, such factors are expected to drive the market during the forecast period. –Here is an Exclusive report talking about Market scenarios with the historical period (2017-2021) and the forecast period (2023-2027). Download a Sample Report in minutes!

Technavio has announced its latest market research report titled Global K-12 Arts and Crafts Material Market 2023-2027

The K-12 arts and crafts material market covers the following areas:

The report on the K-12 arts and crafts material market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

K-12 Arts And Crafts Material Market 2023-2027 – Market Dynamics

Online sales of arts and crafts are an emerging K-12 arts and crafts material market trend. Due to the spread of the Internet, online sales of arts and crafts materials are rapidly increasing. This market is undergoing a healthy transition from traditional brick-and-mortar sales to online sales. Furthermore, online B2B e-commerce enables customers, dealers, and distributors to consolidate sales orders and it provides scalability to the organization and helps improve efficiency, increase brand awareness, and increase sales. Hence, such trends fuel the growth of the K-12 arts and crafts material market during the forecast period.

Health hazards associated with arts and crafts materials challenge the growth of the K-12 arts and crafts material market. Generally, constant exposure to some arts and crafts can be detrimental to the health of the students and long-term exposure to some arts and crafts materials can cause chronic diseases. Acute (short-term) exposure to strong acids can cause severe burns the injuries. Furthermore, chemical exposure, on the other hand, is caused by inhaling chemicals or accidentally consuming chemicals. Hence, such challenges will impede the growth of the market during the forecast period.

K-12 Arts And Crafts Material Market 2023-2027: Market Segmentation

The K-12 arts and crafts material market analysis includes distribution channel (offline and online), school level (middle school, pre-primary school, primary school, and high school), and geography (APAC, Europe, North America, middle east, and Africa, and South America).

  • The offline segment will be significant during the forecast period. This segment includes hypermarkets, supermarkets, and art supply stores that serve the needs of the K-12 arts and crafts market and is expected to grow steadily. Some stores that offer K-12 arts and crafts materials focus on expanding their presence. For instance, Walmart Inc. (Walmart) had approximately 10,622 retail stores worldwide as of April 2023, while at the end of 2022, it had 10,593 retail stores. Hence, such factors fuel the growth of the offline segment of the K-12 arts and crafts material market during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

What’s New?

  • Special coverage on the RussiaUkraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession

  • Global competitiveness and key competitor positions

  • Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Companies Mentioned

  • ACTIVA Products Inc.

  • American Art Clay Co. Inc.

  • Bangkit USA Inc.

  • Crayola

  • eeBoo Corp.

  • Fabbrica Italiana Lapis ed Affini S.p.A.

  • faber-castell

  • Hudson Envelope Corp.

  • Itsy Bitsy Pvt. Ltd.

  • K-12 School Supplies

  • Kaplan Early Learning Co.

  • Linc Pen and Plastics Ltd.

  • Melissa and Doug

  • Nasco Inc.

  • Nygala Corp

  • RM Educational Resources Ltd.

  • RM plc.

  • Staedtler Mars GmbH and Co. KG

  • LaRose Industries LLC

  • Max Bringmann KG

Company Offerings

  • ACTIVA Products Inc. – The company offers K 12 arts and crafts materials such as clay, colored Sand, paper Mache, and sculpting Materials.

  • Crayola – The company offers K-12 arts and crafts materials such as scrapbook kit, craft book, heartstring garlands, and fingerprint paints paint set.

  • Fabbrica Italiana Lapis ed Affini S.p.A. – The company offers K 12 arts and crafts materials such as Creative Street crape paper, Creative Street activity box, Creative Street iridescent film, and Pacon kraft roll.

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K-12 Arts And Crafts Material Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 2.81%

Market growth 2023-2027

USD 570.47 million

Market structure

Fragmented

YoY growth 2022-2023(%)

2.45

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

Europe at 28%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ACTIVA Products Inc., American Art Clay Co. Inc., Bangkit USA Inc., Crayola, eeBoo Corp., Fabbrica Italiana Lapis ed Affini S.p.A., faber-castell, Hudson Envelope Corp., Itsy Bitsy Pvt. Ltd., K-12 School Supplies, Kaplan Early Learning Co., Linc Pen and Plastics Ltd., Melissa and Doug, Nasco Inc., Nygala Corp, RM Educational Resources Ltd., RM plc., Staedtler Mars GmbH and Co. KG, LaRose Industries LLC, and Max Bringmann KG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Distribution Channel

7 Market Segmentation by School level

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global K-12 Arts and Crafts Material Market 2023-2027

Global K-12 Arts and Crafts Material Market 2023-2027

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