A CRAFT INDUSTRY ANALYSIS

A research was conducted back in 2011 by the Craft and Hobby Association. This was done in the industry of the same name and was primarily done with the purpose of:-

  • The craft and hobbyist contribution towards the industries
  • The net worth of the industries in approximate numbers
  • The number and the different kind of people engaged in this industry
  • The number of crafts activities taking place

 

You will be surprised to see the number of households that contribute to the net worth of the result of the craft industry in general.

Among the different kinds of activities that fall under the category of craft and hobby industry segment, Woodworking was in the front runner. It is perhaps one of the top craft sectors that manage to garner up to 3 billion individuals in the respective activity.

With the rise in the usage of internet in the market to serve many purposes for the same; research has found that the former has been very helpful in aiding the latter. Through different means, this study has been able to establish the history symbol of strength that crafting wreath holds. You will notice a rise in the number of people engaging in craft and other such hobbies during festive seasons such as Christmas that comes every December.

Eileen Liffick of the Hobby Lobby fame has even pointed out the increase in the number of people engaging in crafting classes and the number of times they visit online craft sites. People have now understood the value of money and have very practically started saving it. In fact, they are making even more money out of it. People can quite easily save up money by looking up any easy – to – do craft activity that can help them create a gift. It truly is an innovative way in which they have emerged.

Like mentioned previously, the internet and the luxury of having everything to be established as a door – to – door service, it has become very easy for people to publish their own businesses and even get recognized for it. They use the variety of tools that help their work become easier than what it already is. New techniques and innovative means of garnering resources have also led the proprietor and the creator of the art to experience a smooth opportunity at presenting their services to their clients easily.

An example over here can be used of the Canadian Craft Industry. Pear Tree Solutions published a report on the profile of this industry and found that they are recognized all over the world for their services. They have a unique characteristic sense of quality and due to their varied collections, their business keeps expanding. Their employees are extremely talented and the studios, enterprises, and media guilds are well maintained as well.

The craft Industry has clearly shown that it truly is an emerging industry. The feeling of satisfaction is met by its owners and they do it out of their love for the art. This added with the discovery made in different kinds of crafts and arts have led to an increase in the market for the same.