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November 24, 2023 02:30 am
The global handicrafts market size reached US$ 830.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,864.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.2% during 2024-2032.
Market Trends:
The surging consumer demand for unique, handmade items is one of the most prominent factors driving the handicrafts market. Artisans use their advanced sets of skills and cultural knowledge to craft each piece intricately. This provides handicrafts with a level of uniqueness and personalization, which is virtually impossible to replicate through automated machinery. iler coverings, rubbers, papers, leathers, potteries, and high-magnesium limes.
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The report provides an analysis of the key trends in each sub-segment of the global handicrafts market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type and application.