Global Handicrafts Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Handicrafts Market is presumed to reach the market size of nearly USD 1156.53 Billion by 2032 from USD 737.89 Billion in 2023 with a CAGR of 5.12% under the study period 2024-2032.

Handicrafts refer to handmade items made by an artisan. Handcrafted products are known for their beauty, rarity, and uniqueness. These products are helpful and enhance the aesthetic appeal of the interiors. The raw materials used to make such products are naturally sourced and don't require any heavy capital investment. The handicraft industry is labor-intensive and is a means of earning a livelihood. Owning handicraft items is considered a status symbol, and these items are trendy among tourists. It serves as a source of foreign exchange revenue and contributes to the overall economic growth. In addition, handicrafts represent a particular region's art and cultural heritage and help promote the same.

MARKET DRIVERS

The key factors contributing to the growth of the handicrafts market are comparatively low investment, low energy requirements, easy availability of handcrafted products through e-commerce portals, and the growing travel and tourism industry in developing countries. Other factors that positively impact the handicraft market are increasing disposable income, increasing demand for such items in hotels, workplaces, and hospitals, and the gradual shift towards contemporary designs from ethnic ones. Furthermore, funding by the government to support the handicraft industry will also boost its market. However, factors like lack of organizational skills, knowledge, exposure to advanced technologies, and promotional activities will hinder handicrafts' market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Handicrafts. The growth and trends of Handicrafts industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Handicrafts market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product

Apparel & Accessories
Woodwork
Glassware
Potteryware
Art Metalware
Kitchen & Tableware
Sculpture
Fragrance & Incense Sticks
Others

By Distribution Channel

Mass Retailers
Independent Retailers
Specialty Stores
Online Stores
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Handicrafts market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Handicrafts market include Asian Handicrafts Pvt. Ltd., Native Crafts And Arts Inc., Fakih Group Of Companies, Gangamani Fashions (Art & Crafts), HN Handicrafts, S. N. Handicrafts, Unique Handicrafts Ltd, Vietnam Handicraft Co. Ltd, Haswani Handicrafts, Sushil Craft. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11215445

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. HANDICRAFTS - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Distribution Channel
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL HANDICRAFTS MARKET ANALYSIS BY PRODUCT

5.1. Overview By Product
5.2. Historical and Forecast Data Analysis By Product
5.3. Apparel & Accessories Historic and Forecast Sales By Regions
5.4. Woodwork Historic and Forecast Sales By Regions
5.5. Glassware Historic and Forecast Sales By Regions
5.6. Potteryware Historic and Forecast Sales By Regions
5.7. Art Metalware Historic and Forecast Sales By Regions
5.8. Kitchen & Tableware Historic and Forecast Sales By Regions
5.9. Sculpture Historic and Forecast Sales By Regions
5.10. Fragrance & Incense Sticks Historic and Forecast Sales By Regions
5.11. Others Historic and Forecast Sales By Regions

6. GLOBAL HANDICRAFTS MARKET ANALYSIS BY DISTRIBUTION CHANNEL

6.1. Overview By Distribution Channel
6.2. Historical and Forecast Data Analysis By Distribution Channel
6.3. Mass Retailers Historic and Forecast Sales By Regions
6.4. Independent Retailers Historic and Forecast Sales By Regions
6.5. Specialty Stores Historic and Forecast Sales By Regions
6.6. Online Stores Historic and Forecast Sales By Regions
6.7. Others Historic and Forecast Sales By Regions

7. GLOBAL HANDICRAFTS MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE HANDICRAFTS COMPANIES

8.1. Handicrafts Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF HANDICRAFTS INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Asian Handicrafts Pvt. Ltd.
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. Native Crafts And Arts Inc.
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. Fakih Group Of Companies
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. Gangamani Fashions (Art & Crafts)
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. HN Handicrafts
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
9.8. S. N. Handicrafts
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
9.9. Unique Handicrafts Ltd
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
9.10. Vietnam Handicraft Co. Ltd
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
9.11. Haswani Handicrafts
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
9.12. Sushil Craft
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies