Product Code: IRTNTR80206
Arts And Crafts Market 2024-2028
The Arts and crafts market is forecasted to grow by USD 35457.9 mn during 2023-2028, accelerating at a CAGR of 9.3% during the forecast period. The report on the Arts and crafts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an expanding culture of gifting, growing recognition of the therapeutic benefits of ART for mental health and stress relief, and the expanding travel and tourism industry.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.9% |
CAGR | 9.3% |
Incremental Value | $35457.9 mn |
Technavio's Arts and crafts market is segmented as below:
By Type
- Paper crafts
- Decorative crafts
- Functional crafts
- Textile crafts
- Fashion crafts
By Distribution Channel
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growing demand for eco-friendly Arts and crafts materials as one of the prime reasons driving the Arts and crafts market growth during the next few years. Also, government efforts to promote handlooms and handicrafts and increasing interest in customized Arts and crafts products will lead to sizable demand in the market.
The report on the Arts and crafts market covers the following areas:
- Arts And Crafts Market sizing
- Arts And Crafts Market forecast
- Arts And Crafts Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Arts and crafts market vendors including Asian Handicrafts Pvt. Ltd., Divya Exports, Fuzen Decor Bali, Gangamani Fashions, Gangga Sukta, HN Handicrafts, Kathmandu Handicrafts Pvt. Ltd., Laizhou Zhonghe Arts & Crafts Co. Ltd, Minhou Minxing Weaving Co. Ltd., Native Crafts and Arts, OSM HANDICRAFT, PT. Harmoni Jaya Kreasi, RTCrafts Enterprise, S. N. Handicrafts, Sana Hastakala, Ten Thousand Villages, The India Craft House, Unique Handicrafts, Vietnam Handicraft Co. Ltd., and Zhejiang Hengtai Crafts Manufacturing Co. Ltd.. Also, the Arts and crafts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2023
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Arts And Crafts Market 2018 - 2022
- Historic Market Size - Data Table on Global Arts And Crafts Market 2018 - 2022 ($ million)
- 5.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 5.3 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI in the Global Arts and Crafts Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Paper crafts - Market size and forecast 2023-2028
- Chart on Paper crafts - Market size and forecast 2023-2028 ($ million)
- Data Table on Paper crafts - Market size and forecast 2023-2028 ($ million)
- Chart on Paper crafts - Year-over-year growth 2023-2028 (%)
- Data Table on Paper crafts - Year-over-year growth 2023-2028 (%)
- 8.4 Decorative crafts - Market size and forecast 2023-2028
- Chart on Decorative crafts - Market size and forecast 2023-2028 ($ million)
- Data Table on Decorative crafts - Market size and forecast 2023-2028 ($ million)
- Chart on Decorative crafts - Year-over-year growth 2023-2028 (%)
- Data Table on Decorative crafts - Year-over-year growth 2023-2028 (%)
- 8.5 Functional crafts - Market size and forecast 2023-2028
- Chart on Functional crafts - Market size and forecast 2023-2028 ($ million)
- Data Table on Functional crafts - Market size and forecast 2023-2028 ($ million)
- Chart on Functional crafts - Year-over-year growth 2023-2028 (%)
- Data Table on Functional crafts - Year-over-year growth 2023-2028 (%)
- 8.6 Textile crafts - Market size and forecast 2023-2028
- Chart on Textile crafts - Market size and forecast 2023-2028 ($ million)
- Data Table on Textile crafts - Market size and forecast 2023-2028 ($ million)
- Chart on Textile crafts - Year-over-year growth 2023-2028 (%)
- Data Table on Textile crafts - Year-over-year growth 2023-2028 (%)
- 8.7 Fashion crafts - Market size and forecast 2023-2028
- Chart on Fashion crafts - Market size and forecast 2023-2028 ($ million)
- Data Table on Fashion crafts - Market size and forecast 2023-2028 ($ million)
- Chart on Fashion crafts - Year-over-year growth 2023-2028 (%)
- Data Table on Fashion crafts - Year-over-year growth 2023-2028 (%)
- 8.8 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Distribution Channel
- 9.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
- 9.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
- 9.3 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ million)
- Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
- 9.4 Offline - Market size and forecast 2023-2028
- Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Chart on Offline - Year-over-year growth 2023-2028 (%)
- Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 9.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.9 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.11 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.13 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.14 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.15 Switzerland - Market size and forecast 2023-2028
- Chart on Switzerland - Market size and forecast 2023-2028 ($ million)
- Data Table on Switzerland - Market size and forecast 2023-2028 ($ million)
- Chart on Switzerland - Year-over-year growth 2023-2028 (%)
- Data Table on Switzerland - Year-over-year growth 2023-2028 (%)
- 11.16 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.17 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.1 Market drivers
- 12.2 Market challenges
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.1 Companies profiled
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Asian Handicrafts Pvt. Ltd.
- Asian Handicrafts Pvt. Ltd. - Overview
- Asian Handicrafts Pvt. Ltd. - Product / Service
- Asian Handicrafts Pvt. Ltd. - Key offerings
- SWOT
- 14.5 Divya Exports
- Divya Exports - Overview
- Divya Exports - Product / Service
- Divya Exports - Key offerings
- SWOT
- 14.6 Fuzen Decor Bali
- Fuzen Decor Bali - Overview
- Fuzen Decor Bali - Product / Service
- Fuzen Decor Bali - Key offerings
- SWOT
- 14.7 Gangamani Fashions
- Gangamani Fashions - Overview
- Gangamani Fashions - Product / Service
- Gangamani Fashions - Key offerings
- SWOT
- 14.8 Gangga Sukta
- Gangga Sukta - Overview
- Gangga Sukta - Product / Service
- Gangga Sukta - Key offerings
- SWOT
- 14.9 HN Handicrafts
- HN Handicrafts - Overview
- HN Handicrafts - Product / Service
- HN Handicrafts - Key offerings
- SWOT
- 14.10 Kathmandu Handicrafts Pvt. Ltd.
- Kathmandu Handicrafts Pvt. Ltd. - Overview
- Kathmandu Handicrafts Pvt. Ltd. - Product / Service
- Kathmandu Handicrafts Pvt. Ltd. - Key offerings
- SWOT
- 14.11 Laizhou Zhonghe Arts Crafts Co. Ltd
- Laizhou Zhonghe Arts Crafts Co. Ltd - Overview
- Laizhou Zhonghe Arts Crafts Co. Ltd - Product / Service
- Laizhou Zhonghe Arts Crafts Co. Ltd - Key offerings
- SWOT
- 14.12 Native Crafts and Arts
- Native Crafts and Arts - Overview
- Native Crafts and Arts - Product / Service
- Native Crafts and Arts - Key offerings
- SWOT
- 14.13 PT. Harmoni Jaya Kreasi
- PT. Harmoni Jaya Kreasi - Overview
- PT. Harmoni Jaya Kreasi - Product / Service
- PT. Harmoni Jaya Kreasi - Key offerings
- SWOT
- 14.14 RTCrafts Enterprise
- RTCrafts Enterprise - Overview
- RTCrafts Enterprise - Product / Service
- RTCrafts Enterprise - Key offerings
- SWOT
- 14.15 S. N. Handicrafts
- S. N. Handicrafts - Overview
- S. N. Handicrafts - Product / Service
- S. N. Handicrafts - Key offerings
- SWOT
- 14.16 Ten Thousand Villages
- Ten Thousand Villages - Overview
- Ten Thousand Villages - Product / Service
- Ten Thousand Villages - Key offerings
- SWOT
- 14.17 The India Craft House
- The India Craft House - Overview
- The India Craft House - Product / Service
- The India Craft House - Key offerings
- SWOT
- 14.18 Zhejiang Hengtai Crafts Manufacturing Co. Ltd.
- Zhejiang Hengtai Crafts Manufacturing Co. Ltd. - Overview
- Zhejiang Hengtai Crafts Manufacturing Co. Ltd. - Product / Service
- Zhejiang Hengtai Crafts Manufacturing Co. Ltd. - Key offerings
- SWOT
15 Appendix
- 15.1 Scope of the report
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.5 Data procurement
- 15.6 Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations