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Global Handicrafts Market Size, Share, Development, Growth and Demand Forecast to 2023

04-16-2018 06:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PS Market Research

Global Handicrafts Market Size, Share, Development, Growth

The global handicrafts market has been up surging, due to the increasing interest of people in art and culture. A large number of micro and small enterprises have evolved in the developing countries in the past few years, where artisans from poor communities are involved in the creation of handicrafts.

Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/handicrafts-market

Handicrafts refer to products made by hand, with the help of simple tools instead of machines. Handicrafts are artistic representation of a particular culture or ethnic tradition. Handicraft products include objects of utility and decoration.

The handicrafts made in developing countries are also exported to the developed countries. The key importing countries of the handicraft products include the U.S., France, the U.K., Spain, the Netherlands, Japan, and Hong Kong. The major handicrafts exporting countries are China, Vietnam, India, Ghana, South Africa, Mozambique, Peru, Mexico, Colombia, and Guatemala. China dominates the export market for handicrafts, followed by Vietnam and India. The improvement in trade relations between the countries of the world is further fueling the growth of the global handicrafts market.

The increasing travel and tourism is also supporting the growth of the global handicrafts market. The tourists on recreational tour are always on a hunt to collect souvenirs and specialty handicrafts from the places they visit.

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The key handicraft vendors in the global handicrafts market are Asian Handicrafts, Fakih Handicrafts, Shandong Laizhou Arts and Crafts, Ten Thousand Villages, Native Crafts and Arts, The Handicrafts Gallery, Minhou Minxing Weaving, NGOC Dong Ha Nam, and Oriental Handicrafts.

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