The United States handicrafts market is currently witnessing robust growth. 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 the lockdown is uplifted in the country. Looking forward, the market is expected to continue its strong growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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