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Global Handicrafts Market 2015-2019

  • November 2015
  • -
  • Infiniti Research Limited
  • -
  • 53 pages

Market overview of handicrafts

Technavio’s market research analyst predicts the global handicrafts market to grow at a tremendous rate of 12 % during the forecast period. The small initial investment required such as the setup cost, labor, raw material, and transportation cost is the primary driver for the growth of this market. The handicrafts industry is also an important source of foreign exchange and has immense export potential.
The growth in international and domestic tourism is also expected to boost the growth of the market during the forecast period. For instance, Japan’s government has introduced several campaigns to increase the country's tourism. The resultant rise in the number of tourists has led to an increase in the sales of handicraft items in Japan. The rise in tourism has fuelled the demand for cultural goods, uncommon souvenirs, and indigenous art.
Product segmentation and analysis of the handicrafts market
- Woodware
- Artmetal ware
- Handprinted textile and scarves
- Embroidered and crocheted goods
- Zari and zari goods
- Imitation jewellery

Woodware handicrafts accounted for 34% of the market share during 2014. China and Nepal are known for their attractive architecture made up of carved wooden struts while Thailand is the key manufacturer of lacquerware, made up of wood or woven bamboo. The African region is also popular for its wood carving and sculptures with Kenya being the key revenue contributing country.
Geographical segmentation and analysis of the global handicrafts market
- Americas
- APAC
- Europe
- MEA
The Americas dominated the handicrafts market during 2014 with a market share of 38%. The US is the largest revenue contributor in this region. The high demand for home accessories, jewelry, and other fashion accessories such as handbags and belts is driving the market growth in this region.
Competitive landscape and key vendors
The global handicrafts market is highly fragmented due to the presence of several small and medium providers. Handicrafts is a dynamic industry, and its development is underpinned by factors such as economic conditions, technology, skilled workforce, and innovative use of raw materials.
The leading vendors in the market are –
- Asian Handicrafts
- Fakih
- Handicrafts and Handlooms Exports
- Minhou Minxing Weaving
- NGOC Dong Ha Nam
- Oriental Handicrafts

Other vendors in the market include Creative Divya, Global Model Art Design, Himalayan Asian Handicrafts, Native Crafts and Arts, Nepal Handicraft Product, OSM Handicraft, RT Crafts, S. Sundaravadivel and Company, Sana Hastakala, Shandong Laizhou Arts and Crafts, Ten Thousand Villages, The Handicrafts Gallery, and Zhejiang Ocean Handicrafts.
Key questions answered in the report include

- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global handicrafts market?
- What are the key market trends impacting the growth of the global handicrafts market?
- What are the challenges to market growth?
- Who are the key vendors in the handicrafts market?
- What are the market opportunities and threats faced by the vendors in the handicrafts market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
- What are the key outcomes of the five forces analysis of the global handicrafts market?

Technavio also offers customization on reports based on specific client requirement.


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Table Of Contents

Global Handicrafts Market 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Market segmentation by product type
PART 07: Geographical segmentation
Market segmentation by geography
PART 08: Key leading countries
US
Japan
Germany
UK
France
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Popular vendors in global handicrafts market
Other prominent vendors
PART 15: Key vendor analysis
Asian Handicrafts
Fakih
Handicrafts and Handlooms Export Corp. (HHEC)
Minhou Minxing Weaving
NGOC Dong
Oriental Handicraft
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Overview of global handicrafts market
Exhibit 03: Global handicrafts market 2014-2019 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global handicrafts market by product type 2014
Exhibit 06: Global handicrafts market by geography 2014
Exhibit 07: Global handicrafts market by geography 2019
Exhibit 08: Key leading countries
Exhibit 09: Major drivers in global handicrafts market
Exhibit 10: Impact of drivers
Exhibit 11: Major challenges in global handicrafts market
Exhibit 12: Impact of drivers and challenges
Exhibit 13: Emerging trends in global handicrafts market
Exhibit 14: Popular vendors in global handicrafts market
Exhibit 15: Asian Handicrafts: Product categories
Exhibit 16: Fakih: Product segmentation
Exhibit 17: HHEC: Product segmentation
Exhibit 18: Minhou Minxing Weaving: Product categories
Exhibit 19: NGOC Dong: Product categories
Exhibit 20: Oriental Handicraft: Product categories

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