Arts and Crafts Stores

Table of Contents

1. INDUSTRY OVERVIEW 1

• Arts and Crafts - A Primer 1
• Handicraft - An Exclusive Artistic Expression 1
• Handcraft Market in Developing Economies 1
• Seasonal Celebrations Boost Craft Store Sales 2
• Effect of Global Economic Downturn on Craft Industry 2
• Scrapbooking Overview 2
• Digital Photography Drives Scrapbooking Market Growth 3
• Scrapbooking Presents Potential Opportunities for Photo Market 3
• Online Scrapbooking - An Increasingly Female-Oriented Activity 3

2. PRODUCT OVERVIEW 4

• Arts & Crafts 4
• Arts & Crafts Categories 4
• Sculpture 5
• Pottery 5
• Woodworking 6
• Chip Carving 6
• Basketry 6
• Straw Marquetry 6
• Papercraft 6
• Cardmaking 6
• Bookbinding 6
• Scrapbooking 6
• Online Scrapbooking 6
• Embroidery 6
• Crocheting 6
• Feltmaking 6
• Quilting 7
• Beadwork 7
• Floral Design 7
• Glassblowing 7
• Mosaic 7
• Materials Used 7
• Finished Products 7
• Retail Sales Channels 7
• Direct Selling 7

3. ARTS MARKET OVERVIEW 8

• Art Market Outlook 8
• Table 1: World Recent Past & Current Analysis for Fine Art Auction Market - Annual Revenues in US$ Million for Years 2003 through 2008 8
• UK - The New Leading Revenue Generator 8
• Despairing Signs for Art Market 8
• Art Market Price Trends 9
• Sharp Variations in Contemporary Art Prices 9
• Art Market Cycles 9
• Art Dealers and Auction Houses - Play Vital Role 10
• Investment in Artworks 10
• Arts Play an Important Role in Promoting Tourism 10
• Tough Competition Between Sotheby' s and Christie' s 10

4. MERGERS AND ACQUISITIONS 11

5. STRATEGIC CORPORATE

• DEVELOPMENTS 13

6. PRODUCT INNOVATIONS/ INTRODUCTIONS 15

A REGIONAL MARKET PERSPECTIVE

1. THE UNITED STATES 17

• Market Overview 17
• Table 2: US Current & Future Analysis for Arts and Crafts Market - Annual Sales in US$ Million for Years 2008 through 2012 18
• US Art Market Hit by Economic Crisis 18
• Challenges Confronting Multi-Chain Stores Due to Current Economic Downturn 18
• Shift in Focus from New Stores to Cost Cutting Measures 18
• Competitive Landscape 19
• Small, Independent Specialty Retailers 19
• Multi-Store Chains 19
• Table 3: US Arts & Crafts Stores Market (2008): Percentage Breakdown of Value Sales by Company for Michaels Stores,
• Jo-Ann Stores, Hobby Lobby, A.C. Moore, Hancock Fabrics and Others 19
• Table 4: US Arts & Crafts Stores Market (2008): Number of Stores of Leading Companies - Michaels Stores, Jo-Ann Stores, Hobby Lobby, Hancock Fabrics, and A.C. Moore 20
• Mass Merchandisers 20
• Factors for Choosing Stores 20
• Factors Influencing Purchase Decisions 20
• Scrapbooking Market 20
• Table 5: US Current & Future Analysis for Scrapbooking Market - Annual Sales in US$ Million for Years 2008 through 2012 21
• Distribution Channels 21
• Table 6: US Scrapbooking Market (2006): Percentage Breakdown of Scrapbooking Supply Spending by Distribution Channel for Craft Stores, General Merchandise Stores, Consultant, Specialty Scrapbook Stores and Others 21
• Collectable Fine Crafts 22
• Fine Craft Market in the US: Potential Areas by Region 22
• Needlework, Piece Goods and Sewing Industry 22
• Industry Background 22
• Industry Scenario in the 1990s 22
• Arts and Crafts - A Historic Perspective 23
• Recent Past Scenario 24
• Industry Associations 25

2. CANADA 25

• Visual Arts and Crafts Overview 25
• Canadian Crafts - A Diversified Industry 26

3. JAPAN 26

• Market Overview 26
• Young Artists - Drive Japanese Art Market 26

4. EUROPE 26

• Market Overview 26
• Leading Countries in Europe by Type of Crafts Produced 26
• Beadwork in Europe 27

4a. FRANCE 27

• French Arts Industry 27
• French Art Collectors Prefer Foreign-Made Artworks 27
• Government Comes up with Incentives 27

4b. THE UNITED KINGDOM 27

• London Replaces New York as the Leader in Fine Art Market 27

4c. IRELAND 28

• Irish Crafts Industry 28

5. ASIA-PACIFIC 28

• Overview 28
• Leading Countries in Asia-Pacific by Type of Crafts Produced 28
• Government Initiatives to Promote Arts and Culture 28
• Australian Government Invests in Cultural and Arts Sector 28
• Development Plan for Cultural and Creative Industry of Taiwan Receives Approval 29

5a. AUSTRALIA & NEW ZEALAND 29

• Industry Overview 29

5b. CHINA 30

• Chinese Handicraft Market 30
• Table 7: Chinese Handicraft Market (2006-2008): Chinese Import & Export Statistics for Handicrafts in US$ Million 30
• Chinese Craft Gifts Industry 30
• Demand for Artworks on Rise 31
• China Artwork City - A Boost to Chinese Arts and Crafts Industry 31
• Slowdown in the West Affects Chinese Toy Exports 31
• Global Economic Crisis Causes Closure of Chinese Toy Companies 32

5c. INDIA 32

• Overview 32
• Crafts - A Historic Perspective 32
• Indian Handicraft Industry 33
• Introduction 33
• Market Overview 33
• Handicraft Exports 34
• Table 8: Indian Handicrafts Market (2006 & 2007): Percentage Breakdown of Exports Value by Products for Imitation Jewelry, Handprinted Scarves, Artmetal Wares, Zari & Zari Goods, Handprinted Textiles and Other Handicrafts 34
• Major Export Destinations 35
• Leading Export Destinations of Indian Handicrafts 35
• Significance of Arts and Crafts in India 35
• Issues Confronting the Industry 35
• Present Scenario 36

5d. VIETNAM 36

• Overview 36
• Rattan and Bamboo Boost Handicraft Industry in Vietnam 36
• Challenges Confronting the Handicraft Industry 36
• Low Growth Estimates for Craft Exports to Canada 37

6. AFRICA 37

• Overview 37
• Leading Countries in Africa by Type of Crafts Produced 37

6a. SOUTH AFRICA 37

• South African Crafts Industry 37

6b. REPUBLIC OF RWANDA 37

• Overview 37
• Export Scenario 38
• Table 9: Arts and Crafts Market in Rwanda (2007): Percentage Breakdown of Export Revenues by Exporter - Gahaya Links, Copabu - Ingano Yacu, Millennium Villages Project, Modis Sarl, Gill Trading, A-Z Clearing & Forwarding, Aspar, and Others 38

GLOBAL DIRECTORY