In 2023, the average expenditure per household on art and craft materials in Canada stood at approximately CAD 53. It is forecasted to grow steadily from CAD 54.68 in 2024 to CAD 61.69 in 2028. The year-on-year increase is consistent, showing a rise of about 3.3% annually, signaling a robust growth trend. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be around 3.0%.

Future trends to watch for:

Increase in DIY culture potentially driving further growth.
Impact of economic conditions on discretionary spending.
Emergence of sustainable and eco-friendly art supplies affecting market dynamics.