US Crafts Market Analysis, Share, Size, Trends and Research Report 2022-2027
According to the latest report published by IMARC Group, titled “U.S. Handicrafts Market: Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2022-2027”, the handicrafts market size in the United States reached US$241.1 billion in 2021. IMARC Group expects the market to reach US$429.3 billion by 2027, growing at a growth rate (CAGR) of 10, 14% over the period 2022-2027.
Year considered to estimate the market size:
Base year of analysis: 2021
Historical period: 2016-2021
Forecast period: 2022-2027
Handicrafts includes a wide range of handicrafts, textiles, jewelry, and embroidery pieces that are made by hand or created using simple tools instead of machines. These unique artifacts represent a tradition, culture and heritage of a particular region and have different aesthetic, creative, decorative, social and religious values. The craft is currently gaining popularity in the United States as it generates foreign exchange earnings, requires low capital investment, and provides employment opportunities.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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U.S. Crafts Market Trends:
Growing support from various organizations, such as Association of Crafts and Creative Industries (ACCI), Home Industries Association (HIA), and Southwest Craft and Hobby Association (SWCHA), for the promotion of crafts is driving the market in the USA. . Many traditional techniques, such as wood engraving, painting, hand weaving and hand dyeing, are adopted by craft merchants to produce glassware, ceramics and accessories, which have gained importance in recent years.
Additionally, the expansion of online retail and e-commerce platforms has helped merchants attract a large consumer base for handicrafts. Social media also allows sellers to connect directly with their target consumers, thereby driving the growth of the craft market in the United States.
For more information on this report, visit: https://www.imarcgroup.com/united-states-handicrafts-market
U.S. Craft Market Report Coverage and Industry Segmentation:
The report covers the key market segments below:
Breakdown of the market by type of product:
Art metal items
Hand printed textiles and scarves
Embroidered and crocheted products
Zari and Zari products
Pottery and glassware
Attars and Agarbattis
Market breakdown by distribution channel:
Market Breakdown by End Use:
Market Breakdown by Region:
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