Key Takeaways
- In 2023, Etsy reported 9.6 million active sellers worldwide, marking a 10% year-over-year growth from 2022
- As of Q4 2023, approximately 96% of Etsy's active sellers were from outside the US, primarily in Europe and Asia
- Etsy's seller base grew by 15% in the handmade category between 2021 and 2023, reaching over 4 million dedicated handmade sellers
- In 2023, 65% of new Etsy sellers were women aged 25-44
- 72% of Etsy sellers are female, with the majority aged between 30 and 50 years old as per 2023 surveys
- US-based Etsy sellers make up 13% of the total, with 40% of them having college degrees or higher in 2022 data
- Average annual revenue per Etsy seller was $2,500 in 2023, with top 10% earning over $50,000
- In 2022, the median Etsy seller gross merchandise sales (GMS) was $1,200 annually
- Top 1% of Etsy sellers generated 30% of total platform revenue in 2023, averaging $100,000+ per shop
- Average shop on Etsy had 150 listings active in 2023, with 25% renewal rate monthly
- Successful Etsy shops renewed 80% of listings weekly, boosting visibility by 40%, 2023 data
- Average Etsy shop rating was 4.8 out of 5 stars in 2023, with shops over 1,000 sales at 4.9
- Total active listings on Etsy exceeded 300 million in 2023, up 18% YoY
- Jewelry listings dominated at 25% of total Etsy listings in 2023, over 75 million items
- Digital printable listings grew 40% in 2023 to 15 million, favored for instant delivery
Etsy's global seller community is diverse, rapidly growing, and creatively driven.
Demographics
- In 2023, 65% of new Etsy sellers were women aged 25-44
- 72% of Etsy sellers are female, with the majority aged between 30 and 50 years old as per 2023 surveys
- US-based Etsy sellers make up 13% of the total, with 40% of them having college degrees or higher in 2022 data
- 28% of Etsy sellers are full-time entrepreneurs, while 52% operate part-time alongside other jobs, based on 2023 seller handbook survey
- In Europe, 55% of Etsy sellers are between 25-34 years old, with strong representation from the UK and Germany, 2023 stats
- 15% of Etsy sellers identify as minorities or underrepresented groups, per 2022 diversity report
- Average Etsy seller age is 37 years, with 60% being parents balancing family and shop operations, 2023 data
- 68% of Etsy sellers have prior crafting or artistic experience before starting their shops, from 2023 profile analysis
- In 2023, 22% of Etsy sellers were millennials (born 1981-1996), driving mobile-first shop management
- Female sellers dominate jewelry category at 85%, while male sellers are 30% in tech/digital goods, 2023 breakdown
- 55% of Etsy sellers were under 40 years old in 2023 global survey
- Hispanic/Latino sellers represented 8% of US Etsy community in 2023
- 35% of sellers have side gigs beyond Etsy, averaging 20 hours/week on shop, 2023 data
- Gen Z sellers (18-24) made up 12% in 2023, tripling since 2020
- 62% of sellers are married or in partnerships, per 2023 demographics study
- Black/African American sellers were 5% of total, with targeted growth programs in 2023
- 78% of sellers use social media for promotion, led by Instagram at 65%, 2023 survey
Demographics Interpretation
Earnings and Revenue
- Average annual revenue per Etsy seller was $2,500 in 2023, with top 10% earning over $50,000
- In 2022, the median Etsy seller gross merchandise sales (GMS) was $1,200 annually
- Top 1% of Etsy sellers generated 30% of total platform revenue in 2023, averaging $100,000+ per shop
- Average monthly earnings for active Etsy sellers reached $1,044 in 2023, up 5% from 2022
- 20% of Etsy sellers earned over $10,000 in 2023, primarily from personalized and custom items
- Etsy fees took 12.5% of seller revenue on average in 2023, including listing, transaction, and payment processing
- Full-time Etsy sellers averaged $43,000 net profit in 2022 after expenses, per seller handbook
- Digital download sellers had the highest profit margins at 92% in 2023, earning average $3,200/month top performers
- Jewelry sellers averaged $4,500 annual revenue in 2023, highest among physical categories
- 45% of Etsy sellers reported revenue growth over 20% in 2023 due to offsite ads
- Top Etsy sellers earned median $91,000 GMS in 2023, per percentile data
- Part-time sellers averaged $800/month net in 2023 after fees and materials
- Print-on-demand Etsy sellers hit average $5,000/month revenue in 2023 top tier
- 33% of sellers broke even or profited in first year, averaging $2,000 revenue, 2023 stats
- Wedding invitation sellers averaged $7,200 annual revenue in 2023
- Fees averaged 6.5% transaction + 3% payment for most sellers in 2023
- 25% revenue growth for digital sellers due to passive income model in 2023
- Home & Living category averaged $3,800 seller revenue per shop in 2023
Earnings and Revenue Interpretation
Market Trends
- Etsy's GMS grew 6.9% to $13.2 billion in 2023, driven by seller innovation
- Offsite Etsy ads contributed 40% of new buyer acquisition for sellers in 2023
- Sustainable and eco-friendly products saw 25% sales increase among Etsy sellers in 2023
- Mobile sales accounted for 70% of Etsy transactions in 2023, pushing sellers to optimize for app
- International sales grew 15% for US sellers in 2023, reaching 50% of total revenue for many
- Holiday season (Nov-Dec) generated 35% of annual seller revenue in 2023
- AI-generated art listings surged 300% in 2023 but faced 20% removal rate for policy violations
- Subscription features like Etsy Plus adopted by 10% of sellers boosted sales 15% in 2023
- Wedding-related products trended up 22% in listings and sales during 2023 post-pandemic recovery
- In 2023, Etsy reported 96 million active buyers, fueling 7% seller revenue growth
- Etsy buyer base hit 96.5 million active in 2023, up 3%, boosting trends
- Gifts under $25 surged 28% in searches during holidays 2023
- Cross-border sales hit 60% of GMS for many sellers in 2023
- Pet products category grew 22% in sales 2023
- Video content in listings increased engagement 40% platform-wide 2023
Market Trends Interpretation
Product and Listing Stats
- Total active listings on Etsy exceeded 300 million in 2023, up 18% YoY
- Jewelry listings dominated at 25% of total Etsy listings in 2023, over 75 million items
- Digital printable listings grew 40% in 2023 to 15 million, favored for instant delivery
- Average listing price on Etsy was $22 in 2023, with custom items at $35 average
- Personalized gifts accounted for 30% of top-selling listings in 2023 holiday season
- Clothing and accessories listings hit 50 million in 2023, 17% of platform total
- Home decor listings averaged 12 photos per listing for top sellers in 2023
- Vintage clothing listings numbered 8 million in 2023, with 5% sales conversion rate
- Craft supplies listings renewed every 4 months on average by successful sellers, 2023 data
- Top 100 Etsy listings had over 1 million views each in 2023, mostly seasonal items
- Personalized name necklaces topped listings at 2 million in 2023
- Average listing duration before sale: 45 days for physical goods in 2023
- 40 million clothing listings active mid-2023
- Photos per listing averaged 8 for best performers, boosting sales 30%, 2023 stats
- Wedding category listings up 18% to 12 million in 2023
- Digital planners hit 5 million listings, 90% passive sales in 2023
- Price range $10-30 dominated 60% of listings in 2023
- Handmade soap listings: 1.5 million, seasonal peaks 50% higher, 2023 data
- Eco-friendly bags listings grew 35% to 3 million in 2023 sustainability trend
Product and Listing Stats Interpretation
Seller Numbers and Growth
- In 2023, Etsy reported 9.6 million active sellers worldwide, marking a 10% year-over-year growth from 2022
- As of Q4 2023, approximately 96% of Etsy's active sellers were from outside the US, primarily in Europe and Asia
- Etsy's seller base grew by 15% in the handmade category between 2021 and 2023, reaching over 4 million dedicated handmade sellers
- In 2022, there were 7.5 million active Etsy sellers, with 2.1 million selling at least one item
- New seller registrations on Etsy increased by 25% in 2023 compared to 2022, totaling over 2 million new accounts
- By mid-2023, Etsy had over 1.2 million sellers in the US alone, representing 12.5% of total active sellers
- Etsy's vintage sellers numbered around 500,000 in 2023, up 8% from the previous year
- Craft supply sellers on Etsy reached 1.8 million active shops by end of 2023, growing 12% YoY
- Etsy's active sellers reached 9 million in Q1 2024, with 11% growth from Q1 2023
- Over 3 million sellers listed craft supplies in 2024, up 5% YoY
- Canada hosted 500,000 active Etsy sellers in 2023, 5% of global total
- UK Etsy sellers numbered 800,000 in 2023, growing 9% amid Brexit recovery
- India saw 400,000 new Etsy sellers in 2023, driven by digital exports
- Australia had 300,000 Etsy sellers in 2023, focusing on handmade jewelry
- France's Etsy seller community grew to 450,000 in 2023, up 12%
Seller Numbers and Growth Interpretation
Shop Metrics
- Average shop on Etsy had 150 listings active in 2023, with 25% renewal rate monthly
- Successful Etsy shops renewed 80% of listings weekly, boosting visibility by 40%, 2023 data
- Average Etsy shop rating was 4.8 out of 5 stars in 2023, with shops over 1,000 sales at 4.9
- 60% of top Etsy shops used 10+ SEO keywords per listing title in 2023 analysis
- Shops with professional banners and logos had 35% higher conversion rates in 2023
- Average response time for messages in top shops was under 2 hours, contributing to 98% positive reviews, 2023 stats
- Etsy shops with over 500 sales had 200+ favorites on average, per 2023 performance report
- 75% of high-performing shops offered free shipping on orders over $35 in 2023
- Mobile-optimized Etsy shops saw 50% more views from app traffic in 2023
- Shops using Etsy ads spent average $50/month, gaining 3x ROI in 2023 data
- Shops with 4.9+ star ratings earned 28% more than 4.5-star shops in 2023
- Average favorites per top 1,000 shops: 5,000+ in 2023 analysis
- 85% of star sellers responded to inquiries within 24 hours in 2023
- Etsy Plus subscribers (500,000+ in 2023) had 15% higher sales velocity
- Shops with video listings converted 25% better than photo-only in 2023 tests
- Average shop visits for $1,000/month earners: 10,000 monthly in 2023
- Custom shop sections used by 70% of optimized shops, improving UX by 20%, 2023 data
- Free shipping threshold averaged $45 for competitive shops in 2023
- Pattern shops (multi-seller brands) grew 20% to 50,000 in 2023
Shop Metrics Interpretation
Sources & References
- Reference 1INVESTORSinvestors.etsy.comVisit source
- Reference 2ETSYetsy.comVisit source
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- Reference 7ETSHOPetshop.aiVisit source
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- Reference 13SIDEHUSTLENATIONsidehustlenation.comVisit source
- Reference 14PRINTFULprintful.comVisit source
- Reference 15DEMANDSAGEdemandsage.comVisit source
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