Global K Arts & Crafts Material Market Size, Share, and Trends Analysis Report, By Product Type (Marker, Paints, Brushes, Canvas, and Others), By Application (Brick & Mortar School, and Online Virtual School), Forecast Period (2022-2028)
The global K Arts & Crafts Material market is anticipated to grow at a CAGR of 4.7% during the forecast period (2022-2028). K art and craft material refer to the learning products that are used for an initial education of arts and crafts. The products include a paintbrush, colors, markers, canvas, and others. The major factor attributing to the growth of the global K arts and crafts material market is the increasing use of arts and crafts materials by students due to the increasing number of educational institutes across the globe. According to an article published by the National Center for Education Statics (NCES) of the US Department of Education in 2019, there are a total of 1,41,745 educational institutions in the US in 2018. Thus, increasing the demand for arts & crafts materials by kids.
The use of arts and crafts materials is also increasing fire students to learn arts and crafts online in virtual schools due to the increasing population’s access to Internet services. According to the World Bank Data, around 56.72% of the world’s total population was accessible to internet services in 2019. Furthermore, the use of arts and crafts materials is also increasing among students for learning arts and crafts due to the increasing pediatric population across the globe. According to the World Bank Data, the pediatric population represents around 25.482% of the world’s total population. Thus, contributing to the growth of the global K arts and crafts material market.
Some major players in the market include ACTIVA Products Ltd., American Art Clay Co. Inc., Bangkit U.S.A. Inc., Crayola, and Kaplan Early Learning Co., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, according to an article published by CBC, the items every crafter needs include Popsicle Craft Sticks, Pom Poms, Paper Towel Rolls, Paper Plates, Corks, Buttons, Pipe Cleaners, Feathers, Coffee Filters, Styrofoam Balls, Beads, Paper Lunch Bags, Rocks, Yarn, Washi Tape, Play Clay, Sharpie Markers, Construction Papers, Card Stocks, Egg Cartons, Tissue Boxes, and many others.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- ACTIVA Products Ltd., American Art Clay Co. Inc., Bangkit U.S.A. Inc., Crayola, Kaplan Early Learning Co., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global K Arts & Crafts Material Market Report by Segment
By Product Type
- Marker
- Paints
- Brushes
- Canvas
- Others
By Application
- Brick & Mortar Schools
- Online Virtual Schools
Global K Arts & Crafts Material Market Report by Region
North America
- The United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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