Global Handicrafts Market 2015-2019

Category : Consumer Goods  | Published Date : Nov-2015 | Pages : 53
 Market overview of handicrafts

Technavios 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, Japans 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

	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

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
	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.
 Table of Contents

PART 01: Executive summary

PART 02: Scope ofthe 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

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
Handicrafts and Handlooms Export Corp. (HHEC)
Minhou Minxing Weaving
Oriental Handicraft
PART 16: Appendix

List of abbreviations
PART 17: Explore Technavio
Publisher Name : Technavio

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