Down to an art: Revenue has grown despite increasing external competition

IBISWorld’s Art Supply Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Industry Analysis & Industry Trends

The Art Supply Stores industry has struggled with a difficult retail environment over the past five years. Demand for art supplies is generally sustained by schools, universities, professional artists and hobbyists. However, weak consumer sentiment over the period left many households feeling less optimistic about their financial situation, which was reflected in subdued spending on discretionary products, including art and craft materials. In addition, advances in technology have constrained demand in some segments of the industry. For example, professions related to architecture and graphic design, which traditionally used pencils and markers, have switched to computer-based programs. Over the five years through 2016-17, industry revenue is anticipated to grow by an annualised...

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What is the Art Supply Stores industry?

The Art Supply Stores industry is in the mature stage of its life cycle. Over the 10 years through 2021-22, the industry's contribution to the economy (industry value added) is expected to rise at an annualised rate of 0.4%, a weak performance when compared with forecast annualised real GDP growth of 2.6% over the same period. This indicates that the industry is growing at a slower pace than the overall economy.

The number of enterprises in the industry is expected to decline over the 10-year period as firms close underperforming stores and focus on developing online strategies. Furthermore, falling profit margins and poor revenue growth prospects have forced smaller industry players to exit the market over the past five years. The...

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Additional Insights for the Art Supply Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Art Supply Stores Industry are

  • Effective cost controls
  • Proximity to key markets
  • Having a wide and expanding product range
  • IBISWorld analysts also discuss how external factors such as Real household discretionary income and Demand from education and training in the Art Supply Stores industry impact industry performance..

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    Products & Brands

    Major products in this industry
    Paint and paintbrushes
    Canvases, easels and furniture
    Pens, pencils, crayons and markers
    Specialty paper and card
    Other art supplies
    Examples of brands in this Industry
    Eckersley's Art & Craft
    Riot Art & Craft

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real household discretionary income
  • Demand from education and training
  • Consumer sentiment index
  • Demand from online shopping
  • Demand from stationery goods retailing

  • Current Performance
  • Demand trends
  • Profit and competition
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit
  • Competition
  • Industry participation
  • Table: Art Supply Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Art Supply Stores Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Private Schools
  • Government Schools
  • Consumers

  • Key Selling Industries
  • Paint and Coatings Manufacturing
  • Paper Product Wholesaling
  • Paper Stationery Manufacturing

  • Products & Services
  • Pens, pencils, crayons and markers
  • Other art supplies
  • Canvases, easels and furniture
  • Paint and paintbrushes
  • Specialty paper and card
  • Chart: Art Supply Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 35 to 54
  • People aged 55 and over
  • People aged 15 to 34
  • Chart: Major Market Segmentation for the Art Supply Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Art Supply Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Art Supply Stores Industry

  • Industry Globalization
    Major Companies
    S & L Kurc Nominees Pty LtdEckersley's Pty Limited
  • Table: S & L Kurc Nominees Pty Ltd - financial performance
  • Table: Eckersley's Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Art Supply Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Art Supply Stores Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A retailer that has a physical presence and storefront location.
  • Easel
  • A wooden frame for holding an artist's work while it is being painted or drawn.
  • Stationery
  • Writing and other office materials.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Art Supply Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Art Supply Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Art Supply Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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