Handicrafts are an integral part of India's rich cultural heritage, encompassing a wide range of traditional crafts that reflect the diverse history and craftsmanship of different regions. Indian handicrafts are known for their unique designs, intricate detailing, and the use of traditional techniques passed down through generations.
In the United States, Indian handicrafts are highly appreciated for their artistry and cultural significance. Here's an overview of some popular Indian handicrafts that have found a market in the US
Sarees: Indian sarees, especially those made of silk and adorned with traditional weaves like Banarasi, Kanjeevaram, and Patola, are highly sought after.
Block Printing: Fabrics featuring traditional block printing techniques from regions like Rajasthan and Gujarat are popular for their vibrant patterns and natural dyes.
The handicrafts market size is forecast to increase by USD 407.15 billion at a CAGR of 8.87% between 2022 and 2027. The market is driven by various factors that influence its expansion and sustainability.
With an increasing emphasis on low capital investments, artisans and craftsmen find opportunities to thrive in the market. Moreover, the growth of travel and tourism fosters greater exposure and demand for authentic handicraft products worldwide. Additionally, government support and funding initiatives provide essential backing for artisans, facilitating market growth and preserving cultural heritage. This market research and growth report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
