Craft Supplies Wholesale

Operators in the Toy and Craft Supplies Wholesaling industry have been experiencing a sharp increase in demand as a result of the COVID-19 (coronavirus) pandemic. IBISWorld estimates industry revenue will increase at an annualized rate of 3.1% to $45.7 billion over the five years to 2022. Despite supply chain disruptions caused by the global coronavirus pandemic, demand for industry products helped the industry to expand amid the ongoing pandemic. Increased consumer spending and demand for toys and hobby goods amid the lockdown in 2020 and ensuing economic recovery in 2021 led to considerable growth for industry operators despite the closure of nonessential retail businesses.