The Arts and Crafts Market is witnessing a creative boom, projected to reach USD 78.2 billion by 2032, growing at a CAGR of 7% from 2024 to 2032. This growth is largely driven by the rise of the DIY (Do-It-Yourself) movement, increasing consumer engagement in home-based hobbies, and growing demand for personalized, handmade products. According to DataIntelo, the market was valued at USD 42.3 billion in 2023, with demand surging across various age groups. Factors such as increased screen fatigue, interest in traditional handcrafts, and the growing popularity of e-commerce platforms selling craft materials have accelerated market expansion globally. Request a Sample Report The market encompasses a wide range of products such as painting supplies, knitting tools, paper crafts, and sculpting kits. Increased participation in creative activities, especially among millennials and Gen Z, has contributed to the rapid growth of this sector across both developed and developing economies. The growing popularity of handmade gifting, customized décor, and craft-based side businesses has also fueled consumer spending on quality tools and materials. Social media platforms like Pinterest, Instagram, and YouTube play a significant role in influencing crafting trends and tutorials. • Rise in home-based hobbies and weekend DIY projects • Growing popularity of handmade gifting and personal décor • Expansion of e-commerce platforms offering arts and crafts supplies Despite this momentum, the market faces a few challenges. The availability of low-cost, mass-produced items and shifting consumer preferences toward digital entertainment pose minor threats. Additionally, fluctuating prices of raw materials like paper, yarn, and paints can affect profit margins. However, increasing environmental awareness is opening new opportunities. Consumers are showing growing interest in eco-friendly and sustainable crafting materials such as recycled paper, biodegradable glues, and natural dyes—fueling product innovation. View Full Report Regionally, North America and Europe dominate the market, led by hobby enthusiasts and growing DIY communities. Meanwhile, Asia-Pacific is emerging as a lucrative region due to cultural heritage crafts, rising disposable income, and growing online tutorials fostering adoption. Educational institutions are also incorporating arts and crafts into curriculums, enhancing creativity in young learners. Craft subscription boxes and curated art kits for children and adults have emerged as a promising revenue stream for market players. • Demand for sustainable and eco-conscious crafting materials • Growth in educational and recreational crafting for children • High influence of digital platforms in setting global crafting trends The future of the arts and crafts market lies in personalization, accessibility, and innovation. Crafting communities, virtual workshops, and influencer-led product launches are reshaping how consumers interact with this market segment. Enquire Before Buying As consumers continue to seek creative outlets for relaxation, stress relief, and self-expression, the demand for high-quality arts and crafts supplies will remain strong. Brands that align with sustainability, creativity, and convenience are likely to thrive. Check Out the Report About Us DataIntelo is a leading market research and consulting firm, specializing in providing actionable insights across various industries. Our expertise lies in offering in-depth market intelligence reports that empower businesses to make informed decisions. With a vast repository of market data and a dedicated team of analysts, DataIntelo delivers strategic solutions to meet client requirements. Contact Us Email: sales@dataintelo.com Phone: +1 909 414 1393 Website: https://dataintelo.com/

The global coconut oil for cosmetic market is experiencing strong momentum, with projections estimating a compound annual growth rate (CAGR) of 7% from 2024 to 2032. Increased consumer inclination toward organic and chemical-free beauty solutions is driving widespread adoption of coconut oil across skincare and haircare applications. As per DataIntelo’s latest report, the market was valued at USD 2.1 billion in 2023 and is expected to surpass USD 3.6 billion by 2032. The shift toward clean-label cosmetics and holistic wellness practices is fueling growth across both developed and emerging economies. Request a Sample Report Virgin coconut oil continues to dominate the market, favored for its purity and high nutrient content. It is widely used in moisturizing creams, facial oils, conditioners, and anti-aging formulations. The Asia-Pacific region holds the largest market share due to abundant coconut cultivation and traditional beauty practices. Increased internet penetration and growing awareness through digital platforms have made coconut oil-based cosmetic products more accessible. Consumers are also leaning towards DIY skincare solutions, further strengthening market demand. • Rising preference for natural, plant-based cosmetics • Growing traction for multipurpose beauty oils • Expansion of e-commerce channels supporting wider distribution Despite positive trends, market challenges persist. Price volatility of raw materials due to climate variations and seasonal dependency may affect production costs. Moreover, competition from alternative oils like argan, almond, and jojoba poses a moderate threat. However, the market remains optimistic due to continuous product innovations and increasing consumer education. Enhanced extraction techniques and added-value blends of coconut oil with essential oils are key trends that open new growth pathways. View Full Report The North American market is gaining pace, driven by wellness-focused millennials and the rising popularity of cruelty-free and vegan beauty products. Meanwhile, Europe is seeing robust growth in the organic personal care segment, with coconut oil as a star ingredient. • Increasing use in sustainable and eco-friendly cosmetic packaging • Product line expansions in luxury and premium cosmetic categories • Influencer marketing and clean beauty campaigns boosting awareness The market’s future looks promising as brands cater to evolving consumer preferences through innovation and strategic marketing. Players are leveraging coconut oil’s benefits to launch new product lines across face care, body care, and haircare verticals. Enquire Before Buying With governments supporting organic product labeling and sustainable sourcing, industry stakeholders are encouraged to invest in R&D and green manufacturing. Demand for multifunctional, natural cosmetic ingredients like coconut oil is expected to remain high in the coming years. Check Out the Report About Us DataIntelo is a leading market research and consulting firm, specializing in providing actionable insights across various industries. Our expertise lies in offering in-depth market intelligence reports that empower businesses to make informed decisions. With a vast repository of market data and a dedicated team of analysts, DataIntelo delivers strategic solutions to meet client requirements. Contact Us Email: sales@dataintelo.com Phone: +1 909 414 1393 Website: https://dataintelo.com/

#Pets are out: #AI is the new emotional support for Gen Z and #Millennials A recent #survey reveals that while pets like #dogs and even #chickens provide emotional support, 11% of millennials and 10% of #GenZ are turning to #artificialintelligence for comfort, with 18% finding AI more effective than traditional pets. Visit our news >>https://www.osiztechnologies.com/news/pets-are-out-ai-is-the-new-emotional-support-for-gen-z-and-millennials