IMARC Group, a leading market research company, has recently releases report titled “United States Handicrafts Market Report by Product Type (Woodware, Artmetal Ware, Handprinted Textiles and Scarves, Embroidered and Crocheted Goods, Zari and Zari Goods, Imitation Jewelry, Sculptures, Pottery and Glass Wares, Attars and Agarbattis, and Others), Distribution Channel (Mass Retailers, Departmental Stores, Independent Retailers, Specialty Stores, Online Stores, and Others), End Use (Residential, Commercial), and Region 2023-2028” The study provides a detailed analysis of the industry, including the United States handicrafts market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the United States handicrafts market?
The United States handicrafts market size reached US$ 268.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 467.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.8% during 2023-2028
What is the handicrafts?
Handicrafts refer to skillfully crafted objects made by hand using traditional techniques and artistic expertise. These items often showcase cultural heritage and artistic expression, reflecting the unique aesthetics and traditions of various regions. They encompass various products, including textiles, pottery, woodwork, metalwork, jewelry, and more. Craftsmen meticulously create these pieces, combining creativity with meticulous craftsmanship passed down through generations. They hold cultural and historical significance, preserving traditional methods while embracing contemporary influences. They also contribute to local economies by generating employment opportunities and promoting tourism. At present, handicrafts find extensive applications in various sectors, adding artistic and cultural value to products and spaces across the United States.
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What are the growth prospects and trends in the United States handicrafts industry?
The United States handicrafts market is primarily driven by the rising cultural appreciation as consumers increasingly seek handcrafted products that reflect their heritage and values. Additionally, the escalating demand for unique and locally made items due to the emerging trend of conscious consumerism and sustainable living has catalyzed market growth. Apart from this, the rapid proliferation of e-commerce and social media platforms that improve the visibility of handicrafts, enabling artisans to connect with a wider audience and facilitating convenient access for consumers, is propelling the market growth. Furthermore, the increasing government support through initiatives and events that spotlight artisans, such as craft fairs and local markets, is contributing to market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Woodware
- Artmetal Ware
- Handprinted Textiles and Scarves
- Embroidered and Crocheted Goods
- Zari and Zari Goods
- Imitation Jewelry
- Sculptures
- Pottery and Glass wares
- Attars and Agarbattis
- Others
Breakup by Distribution Channel:
- Mass Retailers
- Departmental Stores
- Independent Retailers
- Specialty Stores
- Online Stores
- Others
Breakup by End Use:
- Residential
- Commercial
Breakup by Region:
- Northeast
- Midwest
- South
- West
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