DUBLIN--(BUSINESS WIRE)--The "North America Handicrafts Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The North America handicrafts market reached a value of around US$ 218 Billion in 2018. Looking forward, the market is projected to reach a value of US$ 402 Billion by 2024, registering a CAGR of nearly 11% during 2019-2024.
North America handicrafts market is currently being driven by several factors. Rising travel and tourism in the region has attracted large number of international visitors offering many opportunities to local handicraft manufacturers to sell their products to tourists as they are willing to spend significant amount of money on souvenirs and other craft items.
Moreover, with the emergence of online retailing and proliferation of various e-commerce websites, the accessibility to handicrafts has significantly increased. Consumers can now buy handicraft items by the click of their smartphones and have them shipped anywhere in the world.
Moreover, social media and the internet have made it more convenient for craftsmen to directly access their target markets. Catalyzed by the aesthetic appeal and unique designs of handmade dcor accessories, the demand in homes, offices, restaurants and other commercial places has escalated.
Furthermore, the use of handmade products in the gifting industry has provided a positive impact on the growth of the market. Apart from this, handicrafts are non-essential items with a strong correlation with disposable incomes. Driven by strong economic growth of the region, per capita incomes have been increasing continuously over the past few decades. This has triggered the demand for high-quality, luxurious and vintage handmade products across the region.
Handcrafted products have proved to be unique, customized, cost-effective, environment-friendly and have diversified product portfolio such as metal wares, wood wares, hand printed textiles, shawls, carpets, earthenware, jute products, marble sculptures, imitation jewelry and various other miscellaneous handicrafts.
Key Questions Answered
- How has the North America handicrafts market performed so far and how will it perform in the coming years?
- What are the key regions in the North America handicrafts market?
- What is the breakup of the North America handicrafts market on the basis of product type?
- What is the breakup of the North America handicrafts market on the basis of end-use?
- What is the breakup of the North America handicrafts market on the basis of distribution channel?
- What are the various stages in the value chain of the North America handicrafts industry?
- What are the key driving factors and challenges in the North America handicrafts industry?
- What is the structure of the North America handicrafts industry and who are the key players?
- What is the degree of competition in the North America handicrafts industry?
Report Coverage
- Base Year Considered: 2018
- Historical Data Coverage: 2013-2018
- Market Forecast: 2019-2024
Key Topics Covered
1 Preface
2 Scope & Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Handicrafts Market
5.1 Market Performance
5.2 Market Breakup by Product Type
5.3 Market Breakup by End-use
5.3 Market Breakup by Distribution Channel
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Handicrafts Market
6.1 Market Performance
6.2 Market Forecast
7 North America Handicrafts Market: Breakup by Product Type
7.1 Woodware
7.2 Artmetal Ware
7.3 Handprinted Textiles and Scarves
7.4 Embroidered and Crocheted Goods
7.5 Zari and Zari Goods
7.6 Imitation Jewelry
7.7 Sculptures
7.8 Pottery and Glass Wares
7.9 Attars and Agarbattis
7.10 Others
8 North America Handicrafts Market: Breakup by End-Use
8.1 Residential
8.2 Commercial
9 North America Handicrafts Market: Breakup by Distribution Channel
9.1 Mass Retailers
9.2 Departmental Stores
9.3 Independent Retailers
9.4 Specialty Stores
9.5 Online Stores
9.6 Others
10 North America Handicrafts Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Product Type
10.1.3 Market Breakup by End-Use
10.1.4 Market Breakup by Distribution Channel
10.1.5 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Product Type
10.2.3 Market Breakup by End-Use
10.2.4 Market Breakup by Distribution Channel
10.2.5 Market Forecast
10.3 Mexico
10.3.1 Historical Market Trends
10.3.2 Market Breakup by Product Type
10.3.3 Market Breakup by End-Use
10.3.4 Market Breakup by Distribution Channel
10.3.5 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
12.1 Overview
12.2 Input Suppliers
12.3 Handicrafts Manufacturers
12.4 Distributors
12.5 Retailers
12.6 End-Consumers
13 Porter's Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/oxig00
