Product Code: ETC049444 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India arts and crafts market is estimated to witness a CAGR of 4.5% during the forecast period 2020-2026. The growth of the arts and crafts market can be attributed to growing interest in DIY activities, increasing demand for art supplies, rising focus on home d?cor items, growing popularity of various craft techniques like decoupage and quilling among others. Additionally, rapid urbanization coupled with changing lifestyle are other factors that will drive the growth of this market in India over the forecasted period.
Growing Interest In DIY Activities: With an increase in disposable income, people are opting for leisure activities such as handicrafts and painting at home which helps them relax their minds from hectic schedules while also developing creative skillsets which has been driving the growth of this segment significantly over recent years. Increasing Demand For Art Supplies: Increased focus on aesthetics by consumers along with rise in awareness about different art forms are some key drivers for increased demand for art supplies including paints & colors, clay & potteries among others globally. Rising Focus On Home Decor Items: Consumers these days prefer unique pieces to add character or beauty to their homes which is driving them towards buying handcrafted items such as wall hangings & murals made out of fabrics/papers combined with beads or mirrors etc., thus creating a huge opportunity for sellers who make handmade products catering to this segment leading to an upsurge in sales numbers across all channels worldwide.
Lack Of Skilled Labour : Owing to lack experienced labour required for making quality handmade items especially those requiring special techniques like weaving or glass blowing, there is limited availability resulting into lesser production capacity thereby affecting supply chain operations adversely impacting overall sale numbers globally obstructing its potential growth prospects negatively.
Major players operating in Indian Arts And Crafts Market include Fabindia Overseas Pvt Ltd , Jaipur Rugs Co Pvt Ltd , D`Decor Exports Private Limited (SEL Manufacturing), Handicraft Export Promotion Council Of India , Sunil Industries , Raj Mehra& Sons (Export) Pvt Ltd., Jaipur Handloom House LLP amongst others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Arts and Crafts Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Arts and Crafts Market Revenues & Volume, 2020 & 2030F |
3.3 India Arts and Crafts Market - Industry Life Cycle |
3.4 India Arts and Crafts Market - Porter's Five Forces |
3.5 India Arts and Crafts Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Arts and Crafts Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Arts and Crafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Arts and Crafts Market Trends |
6 India Arts and Crafts Market, By Types |
6.1 India Arts and Crafts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Arts and Crafts Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Arts and Crafts Market Revenues & Volume, By Drawing Pen, 2020-2030F |
6.1.4 India Arts and Crafts Market Revenues & Volume, By Paints and Stains, 2020-2030F |
6.1.5 India Arts and Crafts Market Revenues & Volume, By Craft Tools, 2020-2030F |
6.1.6 India Arts and Crafts Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Arts and Crafts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Arts and Crafts Market Revenues & Volume, By Home Use, 2020-2030F |
6.2.3 India Arts and Crafts Market Revenues & Volume, By Commercial Use, 2020-2030F |
6.2.4 India Arts and Crafts Market Revenues & Volume, By Educational Use, 2020-2030F |
7 India Arts and Crafts Market Import-Export Trade Statistics |
7.1 India Arts and Crafts Market Export to Major Countries |
7.2 India Arts and Crafts Market Imports from Major Countries |
8 India Arts and Crafts Market Key Performance Indicators |
9 India Arts and Crafts Market - Opportunity Assessment |
9.1 India Arts and Crafts Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Arts and Crafts Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Arts and Crafts Market - Competitive Landscape |
10.1 India Arts and Crafts Market Revenue Share, By Companies, 2023 |
10.2 India Arts and Crafts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |