Press release
Indian Handicrafts Market: Industry Size to Reach USD 8,198.5 Million by 2033 - Expanding at a CAGR of 6.39%
India Handicrafts Market 2025-2033According to IMARC Group's report titled "India Handicrafts Market Size, Share, Trends and Forecast by Product Type, Distribution Channel, End Use, and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including India handicrafts industry, share, growth, trends, and regional insights.
How Big is the India Handicrafts Industry ?
The India handicrafts market size was valued USD 4,565.0 Million in 2024. By 2033, this figure is projected to reach around USD 8,198.5 Million, with a compound annual growth rate (CAGR) of 6.39% over the forecast period (2025-2033).
India Handicrafts Market Trends:
India handicrafts market trends are driven by fast-changing consumer preferences, technological advancements and increased demand for eco-friendly products across the globe. Manufacturers are introducing renewed customary designs along with modern designs to cater to domestic and international consumers. E-commerce websites have also made it easier to access these products, and social media and e-commerce endorsements by influencers and organizations have furthered the cultural importance of Indian handicrafts. Social media and other digital marketing approaches are used to promote handicrafts.
There is also an increasing use of eco-friendly and ethically sourced raw materials in accordance with global trends. Government programs called "Make in India" and "Vocal for Local" coupled with export incentives are also supporting artisans. Additionally, designer collaboration with rural artisans is enabling the creation of contemporary designs while retaining customary artisan skills. There is an increasing demand within the home decor, fashion accessories and gifting segments for customized and personalized handicrafts. Urban consumers are attracted to unique handmade goods. Craftsmen make these goods and personalize designs. International trade fairs and exhibitions further made Indian handicrafts visible for foreign buyers. They expanded opportunities for exporters and grew customary crafts. These fairs made crafts relevant in a contemporary market.
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India Handicrafts Market Scope and Growth Analysis:
The handicrafts industry in India has a potential for growth due to the country's traditions and increasing demand for handmade items. Handicrafts employ a sizable portion of rural India, with millions of artisans from different communities involved in pottery, textiles, woodwork and metalwork. Apart from their efforts, aggressive policies and promotional activities by government bodies and export promotion councils have positioned Indian handicraft products favorably in the US, Europe, and the Middle East. The growing awareness of craftsmanship in the domestic market, coupled with increased disposable incomes and growing preference for handcrafted items, is increasing demand. The growth of ecommerce has also benefited the industry, with online marketplaces such as Amazon, Etsy and Flipkart allowing artisans to reach consumers directly.
In addition, the recent growth in demand for sustainable and fair trade products has greatly improved the handicraft industry as consumers are more environmentally conscious. Another advantage for the industry is tourism; foreign tourists buy handmade souvenirs which helps generate a good income to the people and improve the local economy. The growth of new designs, packaging and collaborations with international companies, as well as domestic demand and export opportunities, suggest that the India handicrafts industry is poised for growth and offers enormous opportunities for all stakeholders in the value chain.
India Handicrafts Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India handicrafts market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Product Type:
• Woodware
• Artmetal Ware
• Handprinted Textiles and Scarves
• Embroidered and Crocheted Goods
• Zari and Zari Goods
• Imitation Jewelry
• Sculptures
• Pottery and Glass wares
• Attars and Agarbattis
• Others
Breakup by Distribution Channel:
• Mass Retailers
• Departmental Stores
• Independent Retailers
• Specialty Stores
• Online Stores
• Others
Breakup by End Use:
• Residential
• Commercial
Breakup by Region:
• North India
• West and Central India
• South India
• East India
Competitor Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=3003&flag=C
Other key areas covered in the report:
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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• https://vocal.media/authors/rohit-sangvi
• India Beer Market: https://www.imarcgroup.com/india-beer-market/requestsample
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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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