Global Handicrafts Market 2015-2019

2015-11-25
Price :
Published : Nov-2015
No. of Pages : 53

Market overview of handicrafts

The 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

  • 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
Filed in: Consumer Goods, Home, Office & Garden
Publisher : Technavio
More Reports
Title Price Buy Now

Cigarettes in Lebanon, 2017

Cigarettes in Lebanon, 2017 Summary "Cigarettes in Lebanon, 2017", is an analytical report by Canade which provides extensive and highly detailed current and future market trends in the Lebanese market. Lebanon currently has a population of over 6.2 million people, after having been swollen in recent years by an influx of refugees as a result of the crisis in neighboring Syria and the country is still being affected by the impact of the ongoing crisis in Syria, with the economy slowly recovering, but growth is subdued. Real GDP growth is reported at just 1% a year in 2015 and 2016, but expected to pick up to 2% in 2017 and 2.5% in 2018. Lebanon gained a new President and Prime Minister in late 2016 and the outlook is slowly improving. After a period of deflation in 2015 and 2016, consum......
$975

ForeSights: Athleisure Personal Care

ForeSights: Athleisure Personal Care Summary Athleisure personal care includes skincare, body care, and cosmetics products that are optimized for exercise or athletic pursuits and are inspired by innovation trends in fitness-oriented apparel. Athleisure personal care is oriented around today's active lifestyles, with products designed to stand up to sweat and to be suitable to be worn while engaging in physical activity. The trend is inspired by athleisure apparel that consists of comfortable clothing designed for athletic or fitness purposes that can also be worn in non-athletic settings. Scope - Younger consumers do not necessarily exercise to "stay in shape"; exercise locations and fitness activities have become important social hubs for younger generations. - This focus on exercis......
$495

Cigarettes in Venezuela, 2017

Cigarettes in Venezuela, 2017 Summary "Cigarettes in Venezuela, 2017", is an analytical report by Globaldata that provides extensive and highly detailed current and future market trends in the market. The report offers Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Although the cigarette market has performed poorly since the 1990s as a result of economic problems and rising non-duty paid sales more recently smoking restrictions and tax-induced price rises have added further to its woes. Sales are expected to drop by 11.1% to 6.4 billion pieces in 2016, which is 58.9% below its levels in 1990. The profile of the non-duty paid sector is expected to rise......
$975

Cigarettes in Yemen, 2017

Cigarettes in Yemen, 2017 Summary "Cigarettes in Yemen, 2017", is an analytical report by Globaldata that provides extensive and highly detailed current and future market trends in the market. The report offers Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Cigarette sales in Yemen have suffered from the sluggish economic performance in recent years as well as from a rise in the profile of the non-duty paid sector and, more recently, civil disturbances. Cigarettes volumes are expected to decrease by 9.0% in 2016 reaching 7.1 billion pieces, which is 0.4% above its 1990 levels. Per capita consumption averaged only 260 pieces per year in 2016, 52.6% dow......
$975

Clothing & Footwear Retailing in Germany, Market Shares, Summary and Forecasts to 2021

Clothing & Footwear Retailing in Germany, Market Shares, Summary and Forecasts to 2021 Summary "Clothing & Footwear Retailing in Germany, Market Shares, Summary and Forecasts to 2021" provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to German retail environment. In addition, it analyzes the key consumer trends influencing German clothing and footwear industry. The clothing & footwear market will grow by a CAGR of 2.2% between 2016 and 2021. It will reach a value of EUR79.8bn by 2021 but all the growth in the market is coming from online, which will grown by CAGR10.3% and account for 30% of all sales by then. The top five clothing & footwear retailers in the country are international players with H&M......
$6000

Electricals Retailing in Germany, Market Shares, Summary and Forecasts to 2021

Electricals Retailing in Germany, Market Shares, Summary and Forecasts to 2021 Summary "Electricals Retailing in Germany, Market Shares, Summary and Forecasts to 2021" provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to German retail environment. In addition, it analyzes the key consumer trends influencing German electricals retail market. The electricals market is outperforming overall retail in the five years to 2021. It is forecast to grow at a CAGR of 3.7% to reach €56.7 billion by 2021. Growth is being driven by innovations and new product launches in technology , a growing housing market and consumer confidence. Specialist retailers still hold a significant share of the market but are losing ......
$6000

Cigarettes in El Salvador, 2017

Cigarettes in El Salvador, 2017 Summary "Cigarettes in El Salvador, 2017", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in El Salvador. El Salvador is the smallest country in Central America but has one of the largest economies in the region and a population of 6.15 million people in 2016. Cigarette consumption in the legitimate duty paid market in 2015 was estimated to be 51.2% down on 1990 levels. Contraband has been a sporadic problem for the market, re-asserting its presence since 2012 and leading to a subsequent collapse in duty paid sales. In per capita terms, consumption was low in 2016. What else does this report offer? - Market size and structure of the overall and per capita consumption based upon a unique ......
$975

Food & Grocery Retailing in Germany, Market Shares, Summary and Forecasts to 2021

Food & Grocery Retailing in Germany, Market Shares, Summary and Forecasts to 2021 Summary "Food & Grocery Retailing in Germany, Market Shares, Summary and Forecasts to 2021" provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to German retail environment. In addition, it analyzes the key consumer trends influencing German food and grocery retail market. Food and grocery is the largest sector, accounting for 39.1% of the total German retail market in 2016. The German shopper has been splitting spend between mass market food & grocery retailers and the discounters for years as they balance choice and quality against price. However competition between the two is becoming more intense as discounters up thei......
$6000

Health & Beauty Retailing in Germany, Market Shares, Summary and Forecasts to 2021

Health & Beauty Retailing in Germany, Market Shares, Summary and Forecasts to 2021 Summary "Health & Beauty Retailing in Germany, Market Shares, Summary and Forecasts to 2021" provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to German retail environment. In addition, it analyzes the key consumer trends influencing German health and beauty industry. German's spending on health beauty will grow by 2.0% CAGR to €56.79 billion by 2021. As the population ages, and all consumers become more health conscious, the health segment is growing much faster than beauty. In beauty the development of low priced beauty, skincare and cosmetic products is giving consumers more choice at lower prices, keeping growth do......
$2500

Tobacco Insights: May 2017

Tobacco Insights: May 2017 Summary "Tobacco Insights: May 2017", is a monthly report by GlobalData that provides extensive and highly detailed information on the changing production and consumption patterns affected by the recent developments related to new laws and regulations globally. This publication tracks market, company and product news from the Tobacco Industry in April 2017. What does this report offer? - Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise in the industry in order to offer data about the trends and dynamics affecting the Tobacco industry. - Recent activities of the manufacturers operating in the industry. - Detailed company profiles, highlighting key focus product sectors with the key f......
$150