Global Handicrafts Market , Key Trends, Regional Outlook & Forecasts to 2016

Submitted by: Submitted by

Views: 10

Words: 478

Pages: 2

Category: Business and Industry

Date Submitted: 05/19/2016 12:08 AM

Report This Essay

Global Handicrafts Market Share, Size, Analysis, Trends, Growth, Segmented Forecasts and Outlook 2015-2019

Technavios market research analyst predicts the global handicrafts market to grow at a tremendous rate of 12 % during the forecast period. The small initial investment required such as the setup cost, labor, raw material, and transportation cost is the primary driver for the growth of this market. The handicrafts industry is also an important source of foreign exchange and has immense export potential.

The growth in international and domestic tourism is also expected to boost the growth of the market during the forecast period. For instance, Japans government has introduced several campaigns to increase the country's tourism. The resultant rise in the number of tourists has led to an increase in the sales of handicraft items in Japan. The rise in tourism has fuelled the demand for cultural goods, uncommon souvenirs, and indigenous art.

Browse Detail Report With TOC @ http://www.radiantinsights.com/research/global-handicrafts-market-2015-2019

The Americas dominated the handicrafts market during 2014 with a market share of 38%. The US is the largest revenue contributor in this region. The high demand for home accessories, jewelry, and other fashion accessories such as handbags and belts is driving the market growth in this region.

Competitive landscape and key vendors

The global handicrafts market is highly fragmented due to the presence of several small and medium providers. Handicrafts is a dynamic industry, and its development is underpinned by factors such as economic conditions, technology, skilled workforce, and innovative use of raw materials.

Table of Content

PART 01: Executive summary

Highlights

Browse More Categories @ http://www.radiantinsights.com/catalogs

PART 02: Scope ofthe report

Market overview

Vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction...