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The United States handicrafts market size reached US$ 241.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 429.3 Billion by 2027, exhibiting a growth rate (CAGR) of 10.14% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Handicrafts, also known as artisanry, refer to handmade products that are made using simple tools instead of machines. They represent the culture and traditions of a community and add aesthetic, decorative and artistic value to a space. At present, handicrafts are gaining immense popularity in the United States as they are widely used for generating foreign exchange revenues that require low capital investments.
There is a significant rise in the demand for handicraft products in the United States on account of the constant support of various institutions, such as the Association of Crafts and Creative Industries (ACCI), Home Industries Association (HIA), and the Southwest Craft and Hobby Association (SWCHA). Apart from this, various handicraft merchants are relying on antique techniques, such as woodblock, printing, handloom weaving and hand dyeing to produce glasswork, ceramics, and accessories. They are also expanding their businesses via online platforms, which, in turn, is strengthening the growth of the market. However, the lockdown imposed by the US Government on account of the coronavirus disease (COVID-19) outbreak has negatively impacted the market growth. The market will experience growth once normalcy is regained.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States handicrafts market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, distribution channel and end use.
Breakup by Product Type:
Breakup by Distribution Channel:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Distribution Channel, End Use, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
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Corporate License: US$ 4699
|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)|
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