Uploaded on Jan 16, 2024
According to the latest research report by IMARC Group, The India handicrafts market size reached US$ 3,968.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6,218.4 Million by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028. More Info:- https://www.imarcgroup.com/india-handicrafts-market
India Handicrafts Market Growth, Demand and Challenges of the Key Industry Players 2023-28
India Handicrafts Market Research and Forecast Report 2023- 2028 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Acco r d ing t o t h e l a t es t r epo r t b y I M ARC G r ou p , t i t l ed " I nd i a Hand i c ra f t s M ark e t : I ndu st ry T r ends , Sh are , S i z e , G row t h , O pp or t un i t y and For ecas t 20 23 - 2028 , " t he I nd i a han d ic r a f t s m ar ke t s i z e r e ached US$ 3 , 9 68 . 0 M i l l i on i n 20 22 . Hand ic r a f t s a r e han dm a de goo ds c r a f t ed u s ing s im p le t oo l s i ns t ead o f m a ch ine s and Report r equ i r e c ons id e r ab le han d - ey e coo r d ina t i on an d i n t e nse c oncen t r a t io n . Th ey r ep r esen t t he cu l t u r e an d c us t om s o f I nd i a . Each han dc r a f t ed p r o duc t i s un i que , exh ib i t s d i s t i n c t q ua l i t i e s , a nd i s pe r ce i ve d as a s t a t us s ym b o l f o r cons um e r s s in ce Highlight and i t r e f l ec t s t he esse nce o f t he v ib r an t a r t and c u l t u r e o f t he coun t r y . I t r eq u i r es l ow cap i t a l i nv es t m en t s , o f f e r s em p loym en t op po r t un i t i e s t o a r t i san s , a nd Description ac t s as a p r om in en t m ed ium f o r f o r e ig n ex chang e r eve nue . B es ide s t h i s , h and ic r a f t p r od uc t s r equ i r e l ow e ne r g y , un l i ke m a ch ine - m ad e p r odu c t s i nvo l v ing e l ec t r i c i t y u t i l i z a t i on . Due t o t he abo vem en t ion ed f ac t o r s , h and ic r a f t p r odu c t s p la y a v i t a l r o le i n t h e ove r a l l g r ow t h o f t he I nd ia n eco nom y . Reque st f o r a P DF s ampl e o f t h i s repor t : h t t p s : / / www. im ar c g r ou p . com / ind ia - han d ic r a f t s - m ar k e t / r e ques t sam p le Report Description Ind ia Handicra f ts Market Trends: The marke t i n Ind ia i s p r imar i l y d r iven by the inc reas ing demand fo r handcra f ted p roduc ts . In l ine w i th th is , the easy access ib i l i t y t o handmade p roduc ts i s pos i t i ve ly in f luenc ing the marke t . Wi th s ign i f i can t g rowth in on l ine re ta i l and va r ious e -commerce channe ls , t he ava i lab i l i t y and access ib i l i t y o f t hese p roduc ts have become more conven ien t fo r consumers , wh ich , i n tu rn , i s ca ta l yz ing the sa les o f these p roduc ts ac ross the coun t ry . Fur the rmore , t he t rans i t i on f rom e thn ic to con tempora ry des igns and the r i s ing p roduc t demand f rom o f f i ces , homes, hosp i ta l s , and ho te ls a re p rope l l i ng the marke t . Moreover , t he expand ing t rave l and tou r i sm indus t ry i s o f fe r ing numerous g rowth oppor tun i t i es to l oca l a r t i sans as we l l as hand ic ra f t manu fac tu re rs to p roduce commod i t i zed p roduc ts and se l l t hem to tou r is t s who a re w i l l i ng to sp lu rge s ign i f i can t l y on c ra f t i t ems. Add i t i ona l ly , t he hand ic ra f ts bus iness i s an essen t ia l source o f mass ive expor ts and po ten t ia l f o re ign exchange , wh ich i s expec ted to p rov ide a boos t to the g rowth o f t he marke t . View Repor t TOC, F igures and Tables : h t tps: / /www. imarcgroup.com/ ind ia -hand ic ra f ts -market Breakup by Product Type: • Woodware • Artmetal Ware • Handprinted Text i les and Scarves • Embroidered and Crocheted Goods • Zari and Zari Goods • Imitat ion Jewelry Report • Sculptures Segmentation • Pottery and Glass wares • Attars and Agarbatt is • Others Breakup by Distribution Channel: • Mass Retai lers • Departmental Stores • Independent Retai lers • Specialty Stores • Onl ine Stores • Others Breakup by End Use: Report • Resident ial • Segmentation Commercia l Breakup by Region: • North India • West and Centra l India • South India • East India What was the size of the India handicrafts market in 2022?a What is the expected growth rate of the India handicrafts market during 2023-2028? What are the key factors driving the India Key handicrafts market? Questions What has been the impact of COVID-19 on the India handicrafts market? Answered in What is the breakup of the India handicrafts market the Report based on the product type? What is the breakup of the India handicrafts market based on the distribution channel? What is the breakup of the India handicrafts market breakup based on the end use? What are the key regions in the India handicrafts market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 I n d i a H a n d i c r a f t s M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t T y p e 6 . 1 W o o d w a r e 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 A r t m e t a l W a r e 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 H a n d p r i n t e d T e x t i l e s a n d S c a r v e s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 E mb ro i de red a nd C ro c he ted G o o ds 6 . 4 . 1 Ma rke t Tren ds 6 . 4 . 2 Ma rke t Fo rec a s t 6 . 5 Za r i a nd Za r i G o o ds 6 . 5 . 1 Ma rke t Tren ds 6 . 5 . 2 Ma rke t Fo rec a s t 6 . 6 I m i ta t i o n J ew e l r y 6 . 6 . 1 Ma rke t Tren ds 6 . 6 . 2 Ma rke t Fo rec a s t 6 . 7 S c u l p tu res Table of 6 . 7 . 1 Ma rke t Tren ds 6 . 7 . 2 Ma rke t Fo rec a s t 6 . 8 Po t te ry a nd G l a ss wa res 6 . 8 . 1 Ma rke t Tren ds Contents 6 . 8 . 2 Ma rke t Fo rec a s t 6 . 9 A t ta r s a n d Aga rba t t i s 6 . 9 . 1 Ma rke t Tren ds 6 . 9 . 2 Ma rke t Fo rec a s t 6 . 1 0 O the r s 6 . 10 .1 Ma rke t Trends 6 . 10 .2 Ma rke t Fo rec a s t 7 Market Breakup by Dis tr ibut ion Channe l 7 . 1 Ma s s Re t a i l e r s 7 . 1 . 1 Ma rke t Tren ds 7 . 1 . 2 Ma rke t Fo rec a s t 7 . 2 Depa r tm ent a l S to res 7 . 2 . 1 Ma rke t Tren ds 7 . 2 . 2 Ma rke t Fo rec a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m / i n d i a -ha n d i c ra f t s -m a rke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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