Global Handicrafts Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Apparel & Accessories, Woodwork, Glassware, Potteryware, Art Metalware, Kitchen & Tableware, Sculpture, Fragrance & Incense Sticks, and Others

By Distribution Channel;

Mass Retailers, Specialty Stores, Online Stores, and Others

By End User;

Residential and Commercial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn150235759 Published Date: May, 2025 Updated Date: June, 2025

Handicrafts Market Overview

Handicrafts Market (USD Million)

Handicrafts Market was valued at USD 906,919.59 million in the year 2024. The size of this market is expected to increase to USD 1,835,923.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.6%.


Global Handicrafts Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.6 %
Market Size (2024)USD 906,919.59 Million
Market Size (2031)USD 1,835,923.88 Million
Market ConcentrationLow
Report Pages322
906,919.59
2024
1,835,923.88
2031

Major Players

  • Asian Handicrafts Pvt. Ltd.
  • Native Crafts and Arts, Inc.
  • Fakih Group of Companies
  • Gangamani Fashions (Art & Crafts)
  • HN Handicrafts
  • S. N. Handicrafts
  • Unique Handicrafts Ltd
  • Vietnam Handicraft Co., Ltd
  • Haswani Handicrafts
  • Sushil Craft

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Handicrafts Market

Fragmented - Highly competitive market without dominant players


The Handicrafts Market is expanding rapidly as consumers show increasing interest in artisan-made and sustainable goods. With nearly 28% more buyers opting for handmade creations, the sector is thriving on the appeal of authentic cultural expressions and eco-conscious values. This growth is tied to consumer affinity for story-driven and exclusive products.

Digital Channels Transform Market Reach
The integration of e-commerce platforms and social tools has empowered artisans to connect with wider audiences, leading to a 31% rise in online handicraft purchases. These channels allow for efficient showcasing and direct-to-consumer selling, enabling small producers to thrive in digital marketplaces and expand their business scope.

Sustainable Production is a Key Driver
A growing segment of the market, up by 24%, favors products made from recycled and natural materials. Consumers are aligning with brands that prioritize environmental impact, favoring products made with bamboo, jute, wool, and reclaimed wood, underlining a collective shift toward green craftsmanship.

Institutional Support and Cultural Promotion
Backed by institutional support and cultural initiatives, the handicrafts sector has seen 22% growth. Programs focused on training, exhibitions, and heritage awareness are rejuvenating traditional crafts, solidifying the market's relevance in both modern commerce and cultural preservation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Handicrafts Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cultural Heritage and Authenticity

        2. Rising Consumer Interest in Artisanal Products

        3. Tourism and Souvenir Market

      2. Restraints
        1. Limited Mass Production Capability

        2. Dependency on Skilled Artisans

        3. Fragmented Market and Distribution Channels

      3. Opportunities
        1. Cultural Heritage and Authenticity

        2. Sustainability and Ethical Consumption

        3. Artisan Empowerment and Fair Trade Practices

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Handicrafts Market, By Product, 2021 - 2031 (USD Million)
      1. Apparel & Accessories

      2. Woodwork

      3. Glassware

      4. Potteryware

      5. Art Metalware

      6. Kitchen & Tableware

      7. Sculpture

      8. Fragrance & Incense Sticks

      9. Others

    2. Handicrafts Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Mass Retailers

      2. Specialty Stores

      3. Online Stores

      4. Others

    3. Handicrafts Market, By Product, 2021 - 2031 (USD Million)

      1. Residential

      2. Commercial

    4. Global Handicrafts Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Asian Handicrafts Pvt. Ltd.
      2. Native Crafts and Arts, Inc.
      3. Fakih Group of Companies
      4. Gangamani Fashions (Art & Crafts)
      5. HN Handicrafts
      6. S. N. Handicrafts
      7. Unique Handicrafts Ltd
      8. Vietnam Handicraft Co., Ltd
      9. Haswani Handicrafts
      10. Sushil Craft
  7. Analyst Views
  8. Future Outlook of the Market