Handicrafts market is anticipated to grow at a CAGR of 4.1% during the forecast period (2024–2031). In India, the handicrafts sector plays a vital role in the national economy by generating employment for over seven million people. The country produces a wide range of handicraft items, including woodwork, metal artwork, hand-printed and embroidered textiles, imitation jewellery, and other traditional products. Notably, women constitute more than 56% of the total artisan workforce, highlighting the sector’s importance in promoting women’s economic participation.
Browse the full report description of “Handicrafts Market Size, Share & Trends Analysis Report by Product Type (Woodwork, Metal Artwork, Hand Printed Textiles & Embroider Goods, Imitation Jewelry, and Others), by End-User (Residential, and Commercial), and by Distribution Channel (Specialty Stores, Independent Retail Stores, and Online Stores) Forecast Period (2024-2031)” of https://www.omrglobal.com/industry-reports/handicrafts-market
India has 744 handicraft clusters, which together provide employment to nearly 212,000 artisans and offer more than 35,000 varieties of handicraft products. The rising popularity of handmade products is closely linked to the growth of the travel and tourism industry. Tourists spend a considerable amount on souvenirs and handcrafted items, creating expanded market opportunities for local artisans and encouraging the production and sale of high-quality handicrafts.
The Union Budget 2025–26 introduced significant measures to strengthen the handicrafts sector, which represents India’s rich cultural heritage. One key initiative includes the extension of the export period for handicrafts manufactured using duty-free inputs to one year, with an additional extension of three months available for eligible exporters. This move is expected to enhance export competitiveness and ease compliance for exporters.
COMPETITIVE LANDSCAPE
Key companies operating in the handicraft market include Amazon.com, Inc., IKEA Group, and Reliance Retail Ltd., among others. These companies operate as major marketplaces promoting handicraft products through diversified product portfolios, digital platforms, and global distribution networks, supporting artisan communities and facilitating cross-border trade of handmade and culturally significant products.
RECENT MARKET DEVELOPMENTS
Market Coverage
Key questions addressed by the report.
Handicraft Market Report Segment
By Product Type
By End User Type
By distribution channels Type
Handicraft Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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