Asia Pacific Handicrafts Market Size, Share, Analysis, Report 2024-2032

Name: Asia Pacific 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 Country 2024-2032
Creator: Imarc Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: Asia Pacific Handicrafts Market Report

Asia Pacific 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 Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3047

Buy Now

Market Overview:

The Asia Pacific handicrafts market size reached US$ 190.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 473.3 Billion by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 190.8 Billion
Market Forecast in 2032	US$ 473.3 Billion
Market Growth Rate (2024-2032)	10.3%

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 at the regional and country level from 2024-2032. Our report has categorized the market based on 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.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product Type, Distribution Channel, End Use, Country
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Asia Pacific handicrafts market was valued at US$ 190.8 Billion in 2023.

We expect the Asia Pacific handicrafts market to exhibit a CAGR of 10.3% during 2024-2032.

The expanding travel and tourism industry, along with the growing adoption of handicraft items as souvenirs, owing to their uniqueness, is primarily driving the Asia Pacific handicrafts market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of handicraft products across several Asia Pacific nations.

Based on the product type, the Asia Pacific handicrafts market can be divided into 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. Currently, woodware holds the majority of the total market share.

Based on the distribution channel, the Asia Pacific handicrafts market has been bifurcated into mass retailers, departmental stores, independent retailers, specialty stores, online stores, and others. Among these, mass retailers currently exhibit a clear dominance in the market.

Based on the end use, the Asia Pacific handicrafts market can be segmented into residential and commercial. Currently, residential accounts for the largest market share.

On a regional level, the market has been classified into China, Japan, India, South Korea, Australia, Indonesia, and others, where China currently dominates the Asia Pacific handicrafts market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase options

Single User License ~~$3699~~ $2899
Five User License ~~$4699~~ $3899
Corporate User License ~~$5699~~ $4899

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.