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Industry Landscape

The art and craft supplies industry is experiencing steady growth, driven by increasing interest in DIY activities, personalized goods, and creative expression. Online sales channels and social media trends continue to expand market reach. Focus on sustainable and non-toxic products is also a growing trend.

Industries:
Textile ArtsCraftsDyesPaintsDIY

Total Assets Under Management (AUM)

Art & Craft Supplies Market Size in United States

~Approx. 10.5 billion USD

(4.5% CAGR)

- Growth fueled by e-commerce and social media.

- Increased interest in DIY projects and personalized items.

- Rising demand for eco-friendly and non-toxic materials.

Total Addressable Market

10.5 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-Powered Design Tools

AI tools that generate patterns, color palettes, and mock-ups for textile arts, streamlining the design process for artists and businesses.

Biopigments & Bio-dyes

Development of dyes and pigments derived from sustainable biological sources, offering eco-friendly alternatives to traditional chemical dyes.

3D Fabric Printing

Advancements in 3D printing technology that allow for direct printing onto fabric, creating intricate textures and custom textile designs.

Impactful Policy Frameworks

Toxic Substances Control Act (TSCA) Chemical Substance Inventory Reset (2016)

The TSCA Chemical Substance Inventory Reset, part of the Lautenberg Act (2016), required EPA to differentiate active from inactive chemical substances on the TSCA Inventory.

This policy impacts Jacquard by requiring updated compliance for any chemical substances used in their dyes and paints, potentially affecting formulation and manufacturing processes.

California Proposition 65 (The Safe Drinking Water and Toxic Enforcement Act of 1986)

California Proposition 65 requires businesses to provide warnings to Californians about significant exposures to chemicals that cause cancer, birth defects or other reproductive harm.

Jacquard Products must ensure their packaging and marketing materials comply with Proposition 65 labeling requirements for any listed chemicals present in their products sold in California, potentially increasing labeling costs and impacting consumer perception.

Federal Trade Commission (FTC) 'Made in USA' Labeling Rule (2021)

The FTC's 'Made in USA' labeling rule prohibits marketers from making unqualified 'Made in USA' claims on products unless 'all or virtually all' of the product is made in the United States.

If Jacquard Products manufactures in the US and wishes to use 'Made in USA' claims, they must ensure strict adherence to these guidelines, potentially influencing sourcing and production transparency.

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