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North America Handicrafts Market Review 2013-2019 and Forecast to 2024 - North American Market for Handicrafts Set to Exceed $400 Billion by 2024 - ResearchAndMarkets.com

January 2, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 2, 2020--

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

Report Coverage

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

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SOURCE: Research and Markets

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PUB: 01/02/2020 11:23 AM/DISC: 01/02/2020 11:22 AM

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