Handicrafts Market | Business Services Market Research Reports
Handicrafts refer to products that are hand-made using simple tools instead of machines. They are an artistic representation, reflecting the traditions and cultures of a particular city or nation. In addition, handicrafts add to the aesthetic value of these places, thereby attracting potential customers. Apart from this, the increasing penetration of online portals has created an opportunity for the handicraft products to be more visible and accessible for purchasing. According to the latest report, titled “Handicrafts Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2018-2023”, the global handicrafts market reached a value of US$ 526.5 Billion in 2017. Over the years, the global handicrafts market has experienced a shift from ethnic designs to contemporary patterns coupled with the increasing adoption of handicrafts by the elite society. One of the primary factors catalyzing the growth of the market is a strong demand for offices, hospitals, a