2024 Sewing, Needlework & Craft Stores Industry Research Report

Sewing, Needlework & Craft Stores - Market Size and Industry Forecast

The 2024 Sewing, Needlework and Craft Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the sewing, needlework & craft stores industry.

	Historical					Forecasted
	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Sewing, Needlework & Craft Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Sewing, Needlework & Craft Stores companies in the United States.

Distribution by Company Size

Company Size	All Industries	Sewing, Needlework & Craft Stores
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Sewing, Needlework & Craft Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Sewing, Needlework & Craft Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Sewing, Needlework & Craft Stores - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Sewing, knitting materials & supplies, needlework goods
Fabrics
Sewing supplies, notions, yarns, laces, trimmings
All other merchandise
Craft supplies
Curtains, draperies, blinds, slipcovers, bed & table coverings
Seasonal decorations
Artificial/silk flowers, plants, & trees
Patterns

Sewing, Needlework & Craft Stores - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	2%
Sales and Related Occupations	73%
Supervisors of Sales Workers	8%
First-Line Supervisors of Sales Workers	8%
First-Line Supervisors of Retail Sales Workers	8%
Retail Sales Workers	65%
Cashiers	8%
Cashiers	8%
Retail Salespersons	56%
Retail Salespersons	56%
Office and Administrative Support Occupations	11%
Material Recording, Scheduling, Dispatching, and Distributing Workers	5%

Government Contracts

In the past, the federal government spent an annual total of $276,467 on the sewing, needlework & craft stores industry. It has awarded 37 contracts to 17 companies, with an average value of $16,263 per company.

Sewing, Needlework & Craft Stores and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)