How Many People Are Registered On Etsy
Etsy is an eastward-commerce platform focused on small businesses and artisans which sell handmade or vintage items. It started life in Brooklyn, New York and quickly expanded throughout the Us and into Europe.
In a competitive US e-commerce market with Amazon and eBay, Etsy separated itself with the uniqueness of items sold and the focus on quality. Etsy'southward editorial team in the early days as well focused on highlighting artistic work, rather than commercially-fabricated items.
That has led to Etsy's booming creator economy, with millions of sellers who use Etsy every bit a side-gig to sell handmade homeware or jewelry items. In some cases, the income from Etsy has allowed these sellers to go full-time.
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Etsy has increased revenue and usage every year since its IPO in 2010, but the coronavirus pandemic supercharged its growth, from $818 meg revenue in 2019 to $1.72 billion in 2020. Etsy too doubled agile buyers in that time period.
In 2019, Etsy acquired music equipment market place Reverb for $275 million. In 2021, it acquired clothing reseller Depop for $one.63 billion, its largest acquisition to appointment, which mirrors Etsy in some respects with its vintage customs.
We accept collected data and statistics on Etsy. Read on below to detect out more.
Etsy key statistics
- Etsy generated $2.32 billion revenue in 2020, a 34% year-on-yr increase
- Internet profit for Etsy reached $349 million in 2020
- It doubled gross merchandise sales in 2020 to $10.3 billion
- 89 million people are active buyers on Etsy
Etsy overview
Launch engagement | June 2005 |
HQ | New York Urban center, US |
People | Josh Silverman (CEO), Rachel Glaser (CFO), Mike Fisher (CTO) |
Business blazon | Public (NASDAQ: ETSY) |
Manufacture | Eastward-commerce |
Etsy revenue
Etsy almanac revenue
Twelvemonth | Revenue |
2012 | $75 million |
2013 | $125 one thousand thousand |
2014 | $196 million |
2015 | $273 million |
2016 | $365 one thousand thousand |
2017 | $441 million |
2018 | $604 million |
2019 | $818 million |
2020 | $1.72 billion |
2019 | $2.32 billion |
Etsy profit
Year | Net income |
2012 | ($3 million) |
2013 | ($1 million) |
2014 | ($fifteen 1000000) |
2015 | ($54 million) |
2016 | ($xxx million) |
2017 | $82 million |
2018 | $77 1000000 |
2019 | $96 million |
2020 | $349 million |
2021 | $493 million |
Etsy GMS
Year | GMS |
2012 | $895 million |
2013 | $i.35 billion |
2014 | $1.93 billion |
2015 | $2.39 billion |
2016 | $2.84 billion |
2017 | $3.25 billion |
2018 | $iii.93 billion |
2019 | $4.97 billion |
2020 | $10.3 billion |
2021 | $xiii.4 billion |
Note: GMS stands for Gross Merchandise Sales
Etsy users
Year | Users |
2012 | 9.3 million |
2013 | xiv million |
2014 | xix.8 1000000 |
2015 | 24 million |
2016 | 28.5 million |
2017 | 33.3 million |
2018 | 39.4 one thousand thousand |
2019 | 46.3 million |
2020 | 81.eight one thousand thousand |
2021 | 96.iii million |
Note: Almanac totals are from Q4 of respective year
Source: Visitor information
Etsy sellers
Year | Sellers |
2012 | 0.8 million |
2013 | ane meg |
2014 | 1.3 million |
2015 | 1.five meg |
2016 | one.seven million |
2017 | 1.ix million |
2018 | 2.one 1000000 |
2019 | 2.half-dozen million |
2020 | 4.three million |
2021 | 7.v million |
Source: Company information
Etsy FAQ
How many customers are repeat buyers on Etsy?
xl% of Etsy buyers are repeat customers, viii.ix% are what Etsy call "habitual buyers"
What is the nearly popular category on Etsy?
Homeware & Habitation Furnishings is the most popular category on Etsy, followed by Jewelry & Personal Accessories and Craft Supplies
How much did Etsy pay for Depop?
Etsy paid $1.5 billion (£1.ane billion) for vintage wear reseller Depop
What is the gross merchandise auction of each agile buyer?
In Q3 2021, the GMS for agile buyer on Etsy was $132, a twenty% yr-on-twelvemonth increase
How many times has the Etsy app been downloaded?
We gauge the Etsy app has been downloaded 88.ix million times (Appfigures)
What are Etsy's seller gender demographics?
81% of Etsy sellers are women, according to the company's 2020 seller census
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How Many People Are Registered On Etsy,
Source: https://www.businessofapps.com/data/etsy-statistics/
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