Knitted & Crocheted Goods

Knit and crochet hats, scarves, blankets, and accessories to sell

Startup Cost
$800-$3,500
Difficulty
Beginner
Time to Profit
4-8 months
Profit Potential
$5,000-$29,000/month

Overview

Knitting and crochet businesses generate $60,000-$350,000 annually with 65-80% margins through Etsy, craft shows, and local boutiques.

In 2025, handmade knit goods popular for cozy aesthetic and sustainable fashion.

Create knitted/crocheted hats ($30-$60), scarves ($40-$80), baby blankets ($60-$150), sweaters ($80-$200), amigurumi toys ($20-$50), and home decor.

Successful knitters develop efficient techniques, use quality yarns, create consistent products, offer custom orders (colors, sizes), and build seasonal inventory (winter goods sell fall/winter).

Can specialize: baby items, winter accessories, home decor, or amigurumi.

Knitting slower than crochet but creates different textures.

Marketing through Etsy, Instagram, craft shows, local boutiques, and farmers markets.

Required Skills

  • Knitting/Crochet Techniques
  • Pattern Reading
  • Yarn Selection
  • Production Efficiency
  • Photography
  • Inventory Management

Pros and Cons

Pros

  • Low startup costs for needles and yarn
  • Portable work (can work anywhere)
  • Cozy handmade goods popular
  • Can work while watching TV
  • Passionate knitting/crochet community

Cons

  • Very time-intensive per piece
  • Hand/wrist strain from repetitive motion
  • Difficult to price for time invested
  • Seasonal sales (winter items)
  • Yarn costs add up quickly

How to Get Started

  1. Master knitting or crochet techniques
  2. Invest in quality yarns and needles
  3. Create inventory of popular items
  4. Photograph pieces in lifestyle settings
  5. Set up Etsy shop and Instagram presence
  6. Participate in winter craft shows
  7. Build seasonal production schedule

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