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Asia Pacific Handicrafts Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Asia Pacific handicrafts market is currently witnessing robust growth. Looking forward, the market is expected to continue its robust growth during the forecast period (2021-2026). Handicrafts are handmade products representing the traditional, cultural and artistic values of a place or nation. They are widely utilized for decorative, functional, aesthetic and utilitarian purposes. They play a significant role in uplifting the economy of a country by contributing to its foreign exchange revenues and generating employment. 

The handicrafts market is primarily driven by the rising international and domestic tourism in the Asia Pacific region, which is encouraging the local artisans and craftsmen to produce commoditized handicrafts products. Moreover, the leading handicraft companies are increasing their exports, including handlooms, carpets, textiles, and garments, which is strengthening the market growth in the region. These companies are also providing designing and processing training to the local artisans to generate market opportunities. Furthermore, the burgeoning e-commerce sector, along with initiatives undertaken by government authorities, is positively influencing the demand for handicrafts products. For instance, the Vietnamese Chamber of Commerce and Industry (VCCI) has recently launched an online portal to promote handicraft sales by providing detailed descriptions of the products and artisans in the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific handicrafts market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, distribution channel and end use.

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 Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Asia Pacific handicrafts market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Asia Pacific handicrafts market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Asia Pacific handicrafts market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Asia Pacific Handicrafts Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Woodware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Artmetal Ware
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Handprinted Textiles and Scarves
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Embroidered and Crocheted Goods
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Zari and Zari Goods
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Imitation Jewelry
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Sculptures
        6.7.1 Market Trends
        6.7.2 Market Forecast
    6.8    Pottery and Glass wares
        6.8.1 Market Trends
        6.8.2 Market Forecast
    6.9    Attars and Agarbattis
        6.9.1 Market Trends
        6.9.2 Market Forecast
    6.10    Others
        6.10.1 Market Trends
        6.10.2 Market Forecast
7   Market Breakup by Distribution Channel
    7.1    Mass Retailers
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Departmental Stores
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Independent Retailers
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Specialty Stores
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Online Stores
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8   Market Breakup by End Use
    8.1    Residential
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Country
    9.1    China
        9.1.1 Market Trends
        9.1.2 Market Breakup by Product Type
        9.1.3 Market Breakup by Distribution Channel
        9.1.4 Market Breakup by End Use
        9.1.5 Market Forecast
    9.2    Japan
        9.2.1 Market Trends
        9.2.2 Market Breakup by Product Type
        9.2.3 Market Breakup by Distribution Channel
        9.2.4 Market Breakup by End Use
        9.2.5 Market Forecast
    9.3    India
        9.3.1 Market Trends
        9.3.2 Market Breakup by Product Type
        9.3.3 Market Breakup by Distribution Channel
        9.3.4 Market Breakup by End Use
        9.3.5 Market Forecast
    9.4    South Korea
        9.4.1 Market Trends
        9.4.2 Market Breakup by Product Type
        9.4.3 Market Breakup by Distribution Channel
        9.4.4 Market Breakup by End Use
        9.4.5 Market Forecast
    9.5     Australia
        9.5.1 Market Trends
        9.5.2 Market Breakup by Product Type
        9.5.3 Market Breakup by Distribution Channel
        9.5.4 Market Breakup by End Use
        9.5.5 Market Forecast
    9.6     Indonesia
        9.6.1 Market Trends
        9.6.2 Market Breakup by Product Type
        9.6.3 Market Breakup by Distribution Channel
        9.6.4 Market Breakup by End Use
        9.6.5 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Breakup by Product Type
        9.7.3 Market Breakup by Distribution Channel
        9.7.4 Market Breakup by End Use
        9.7.5 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Handicrafts Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Handicrafts Market: Sales Value (in Million US$), 2015-2020
Figure 3: Asia Pacific: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 5: Asia Pacific: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Asia Pacific: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 7: Asia Pacific: Handicrafts Market: Breakup by Country (in %), 2020
Figure 8: Asia Pacific: Handicrafts (Woodware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Asia Pacific: Handicrafts (Woodware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Asia Pacific: Handicrafts (Artmetal Ware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Asia Pacific: Handicrafts (Artmetal Ware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Asia Pacific: Handicrafts (Handprinted Textiles and Scarves) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Asia Pacific: Handicrafts (Handprinted Textiles and Scarves) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Asia Pacific: Handicrafts (Embroidered and Crotched Goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Asia Pacific: Handicrafts (Embroidered and Crotched Goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Asia Pacific: Handicrafts (Zari and Zari Goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Asia Pacific: Handicrafts (Zari and Zari Goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Asia Pacific: Handicrafts (Imitation Jewelry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Asia Pacific: Handicrafts (Imitation Jewelry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Asia Pacific: Handicrafts (Sculptures) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Asia Pacific: Handicrafts (Sculptures) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Asia Pacific: Handicrafts (Pottery and Glass wares) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Asia Pacific: Handicrafts (Pottery and Glass wares) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Asia Pacific: Handicrafts (Attars and Agarbattis) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Asia Pacific: Handicrafts (Attars and Agarbattis) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Asia Pacific: Handicrafts (Other Product Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Asia Pacific: Handicrafts (Other Product Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia Pacific: Handicrafts (Mass Retailers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia Pacific: Handicrafts (Mass Retailers) Market Forecast: Sales Value (in Million US$) 2021-2026
Figure 30: Asia Pacific: Handicrafts (Departmental Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Handicrafts (Departmental Stores) Market Forecast: Sales Value (in Million US$) 2021-2026
Figure 32: Asia Pacific: Handicrafts (Independent Retailers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Asia Pacific: Handicrafts (Independent Retailers) Market Forecast: Sales Value (in Million US$) 2021-2026
Figure 34: Asia Pacific: Handicrafts (Specialty Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia Pacific: Handicrafts (Specialty Stores) Market Forecast: Sales Value (in Million US$) 2021-2026
Figure 36: Asia Pacific: Handicrafts (Online Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia Pacific: Handicrafts (Online Stores) Market Forecast: Sales Value (in Million US$) 2021-2026
Figure 38: Asia Pacific: Handicrafts (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Asia Pacific: Handicrafts (Other Distribution Channels) Market Forecast: Sales Value (in Million US$) 2021-2026
Figure 40: Asia Pacific: Handicrafts (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Asia Pacific: Handicrafts (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Asia Pacific: Handicrafts (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Asia Pacific: Handicrafts (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: China: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: China: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 46: China: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 47: China: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 48: China: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Japan: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Japan: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 51: Japan: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 52: Japan: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 53: Japan: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: India: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: India: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 56: India: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 57: India: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 58: India: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: South Korea: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: South Korea: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 61: South Korea: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 62: South Korea: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 63: South Korea: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Australia: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Australia: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 66: Australia: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 67: Australia: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 68: Australia: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Indonesia: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Indonesia: Handicrafts Market: Breakup by Product Type (in %), 2020
Figure 71: Indonesia: Handicrafts Market: Breakup by Distribution Channel (in %), 2020
Figure 72: Indonesia: Handicrafts Market: Breakup by End Use (in %), 2020
Figure 73: Indonesia: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Handicrafts Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Handicrafts Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Asia Pacific: Handicrafts Industry: SWOT Analysis
Figure 77: Asia Pacific: Handicrafts Industry: Value Chain Analysis
Figure 78: Asia Pacific: Handicrafts Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Handicrafts Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Handicrafts Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Asia Pacific: Handicrafts Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 4: Asia Pacific: Handicrafts Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 5: Asia Pacific: Handicrafts Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 6: Asia Pacific: Handicrafts Market: Competitive Structure
Table 7: Asia Pacific: Handicrafts Market: Key Players

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