Embroidery Hoop Set Market Size & Share, By Application (Household And Commercial Use) By Distribution Channel (Online And Retail Stores), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Embroidery Hoop Set Market size crossed USD 192.79 Million in 2023 and is estimated to reach USD 272.03 Million by end of the year 2032, observing around 3.9% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 192.79 Million
• CAGR (2024-2032): 3.9%
• Forecast Year Value (2032): USD 272.03 Million
• Historical Data Period: 2019-2023
• Largest Region: North America
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing popularity of DIY crafts and sewing: The rising trend of DIY crafts and sewing among consumers, especially millennials, is driving the demand for embroidery hoop sets. This demographic is showing a growing interest in craft and hobby activities, leading to an increase in the purchase of embroidery hoop sets for personal use and gifting purposes.

2. Growing demand for personalized and handmade products: There is a growing preference for personalized and handmade items in the market. Embroidery hoop sets enable individuals to create unique, custom-designed pieces, contributing to the market's growth. The ability to customize products with embroidery designs is attracting consumers looking for distinct and one-of-a-kind items.

3. Expansion of online retail channels: The embroidery hoop set market is benefitting from the expansion of online retail channels. E-commerce platforms offer a wide range of embroidery hoop sets, providing consumers with easy access to a variety of products. The convenience of online shopping and the availability of diverse designs and sizes are driving market growth.

4. Technological advancements in embroidery equipment: Advancements in technology have led to the development of more efficient and user-friendly embroidery equipment, including hoop sets. These innovations have improved the quality and precision of embroidery work, making it easier for both beginners and experienced crafters to create intricate designs. This has expanded the market by attracting a wider customer base.

Report Scope

Report Coverage	Details
Segments Covered	Application By Distribution Channel
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	DMC, Clover, Embroidex, Caydo, Similane, Frank A. Edmunds, Morgan Products, Darice, Susan Bates, Loops & Threads, Stitcher’s Revolution, Wood Embroidery Hoop Company, Q-Snap, Edmunds Handi-Clamp, Hardwicke Manor, and others.

Industry Restraints:

1. Competition from alternative craft products: The embroidery hoop set market faces competition from alternative craft products such as cross-stitch kits, sewing machines, and needlepoint supplies. Consumers have a wide range of options when it comes to craft projects, and the availability of alternative products may impact the demand for embroidery hoop sets.

2. Fluctuating raw material prices: The embroidery hoop set market is susceptible to fluctuations in raw material prices, particularly wood and metal, which are commonly used in manufacturing hoop sets. Price volatility can affect production costs and ultimately impact product pricing and consumer demand.

3. Limited consumer awareness and skillset: Despite the growing interest in DIY crafts, there remains a segment of potential consumers with limited awareness of embroidery hoop sets and their creative potential. Additionally, some individuals may lack the necessary skills to undertake embroidery projects, which can act as a restraint on market growth.

Regional Forecast:

North America:

The embroidery hoop set market in North America, including the U.S. and Canada, is experiencing steady growth due to the increasing popularity of crafts and DIY projects. With a growing interest in embroidery and needlework, the demand for embroidery hoop sets has been on the rise. The presence of a large number of craft and hobby stores, as well as the availability of online platforms for purchasing embroidery supplies, has contributed to the growth of the market in this region.

Asia Pacific:

In China, Japan, and South Korea, the embroidery hoop set market is driven by a strong tradition of textile arts and craftsmanship. These countries have a long history of embroidery and needlework, and the demand for high-quality embroidery hoop sets remains consistently high. Additionally, the growing popularity of embroidery as a form of creative expression and relaxation has further fueled the demand for embroidery hoop sets in the Asia Pacific region.

Europe:

In the United Kingdom, Germany, and France, the embroidery hoop set market is influenced by a thriving crafting and DIY culture. These countries have a strong tradition of textile arts and a large community of embroidery enthusiasts. The demand for embroidery hoop sets is supported by the presence of dedicated embroidery shops, craft fairs, and online platforms that cater to the needs of both beginners and experienced embroiderers in the region.

Segmentation Analysis:

In terms of segmentation, the global embroidery hoop set market is analyzed on the basis of Application By Distribution Channel.

Segment Analysis of Embroidery Hoop Set Market - Application By Distribution Channel

Online Retail

The online retail segment for embroidery hoop sets refers to the distribution of these products through various e-commerce platforms and websites. This segment has seen significant growth in recent years, as more consumers are turning to online shopping for their embroidery needs. Factors such as convenience, a wide variety of options, and competitive pricing have contributed to the increasing popularity of purchasing embroidery hoop sets through online retail channels. Additionally, the rise of social media influencers and online tutorials for embroidery has further boosted the demand for these products through online distribution channels.

Brick and Mortar Stores

The brick and mortar stores segment focuses on the traditional retail distribution of embroidery hoop sets through physical storefronts. This distribution channel includes craft stores, specialty embroidery shops, and hobby shops. While online retail has seen a surge in popularity, brick and mortar stores still play a crucial role in catering to customers who prefer a hands-on shopping experience or immediate access to their embroidery supplies. These physical retail spaces often provide a curated selection of embroidery hoop sets, as well as opportunities for customers to seek advice and guidance from knowledgeable staff.

Wholesale and Distributors

The wholesale and distributors segment encompasses the distribution of embroidery hoop sets to other businesses, such as retailers, manufacturers, and resellers. This distribution channel serves as a crucial link between the production of embroidery hoop sets and their availability in various retail outlets. Wholesale and distributors often work directly with manufacturers to acquire products in bulk and then distribute them to smaller retailers or sell them to businesses that incorporate embroidery hoop sets into their own products. This segment plays a vital role in ensuring a steady supply of embroidery hoop sets to meet the demand of consumers across different distribution channels.

Competitive Landscape:

The competitive landscape in the Embroidery Hoop Set Market is highly diverse and competitive, with a wide range of companies competing to gain market share. The market is characterized by the presence of both established players and new entrants, all vying for a competitive edge through strategies such as product innovation, pricing, and distribution. Some of the key factors driving competition in the market include the growing demand for embroidery hoop sets, increasing customization and personalization trends, and the availability of a wide range of products to suit different consumer needs and preferences. Additionally, the market is witnessing a shift towards online sales channels, further intensifying competition among players.

Top Market Players:

1. Darice

2. Caydo

3. Frank A. Edmunds

4. Similane

5. Morgan Products

6. Elbesee

7. F.A.Edmunds

8. Frank Fischer

9. DMC

10. Edmunds