Product Code: ETC014939 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Handicrafts market currently, in 2023, has witnessed an HHI of 3939, Which has decreased slightly as compared to the HHI of 7173 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia handicrafts market is expected to witness a significant growth during the forecast period of 2025-2031. The country has witnessed an increased interest in traditional arts and crafts, leading to a growing demand for handmade items. This has been further supported by aggressive marketing campaigns by business owners and support from government initiatives such as the General Authority for Tourism & National Heritage (GATH). Additionally, rising disposable income levels, increasing tourism activities in the region, and supportive retail environment are some of the other factors driving the market growth.
In recent years, there has been an increased interest among people towards traditional art and craft forms like calligraphy, weaving and pottery. This is backed up by various businesses which have initiated campaigns to promote these artworks through their social media accounts or stores. Also, with more tourists visiting the country annually due to its cultural heritage sites such as Mada`in Saleh or Al Ula??s rock formations ?? this trend will continue to drive demand for local handicrafts further upwards. The retail industry has seen massive expansion over past few years; while modern shopping malls are being constructed all over Saudi Arabia ?? traditional souks still remain popular among locals due to their unique offerings including various handmade goods crafted locally using natural materials like stone carving etc., thus resulting into higher sales potential for retailers selling them in form of souvenirs or gifts too visitors/tourists from abroad.
Despite increased efforts taken by several businesses promoting local artisanal products through social media platforms or even exhibitions held throughout year; majority consumers remain unaware about availability diverse range items manufactured here due absence proper organized distribution channel amongst different regions where customers could easily find such items near them without having go out their way searching them elsewhere. Furthermore educational institutions do not provide much focus on teaching students about importance preserving culture heritage linked each item produced within region which does add any value proposition buying it either online offline.
The Covid-19 pandemic had adversely affected the overall economy; however some sectors like ecommerce that offer online services witnessed remarkable rise during this time due to social distancing norms throughout 2025. This trend is expected to continue even after pandemic subsides as people are getting used to online buying options due shift from physical shopping stores. Thus vendors operating through online platforms will likely benefit from this trend over long term while those who are dependent on brick & mortar outlets may suffer from reduced footfalls post lockdowns end.
Some key players operating in Saudi Arabia handicraft market include Alhanaa Arts & Crafts LLC (UAE), Oasis Concepts Interior Design Co Ltd (Saudi Arabia), Artesania de la Selva SRL(Mexico), Creative Home Decoration FZCO (UAE) , Tarek El Shenawy Handicraft Industry Group(Egypt)etc.
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 Saudi Arabia Handicrafts Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Handicrafts Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Handicrafts Market - Industry Life Cycle |
3.4 Saudi Arabia Handicrafts Market - Porter's Five Forces |
3.5 Saudi Arabia Handicrafts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Handicrafts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Saudi Arabia Handicrafts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Saudi Arabia Handicrafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Handicrafts Market Trends |
6 Saudi Arabia Handicrafts Market, By Types |
6.1 Saudi Arabia Handicrafts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Handicrafts Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Handicrafts Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.4 Saudi Arabia Handicrafts Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.5 Saudi Arabia Handicrafts Market Revenues & Volume, By Hand printed Textiles and Scarves, 2021-2031F |
6.1.6 Saudi Arabia Handicrafts Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.7 Saudi Arabia Handicrafts Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.8 Saudi Arabia Handicrafts Market Revenues & Volume, By Imitation Jewellery, 2021-2031F |
6.1.9 Saudi Arabia Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Saudi Arabia Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Handicrafts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Handicrafts Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Saudi Arabia Handicrafts Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Saudi Arabia Handicrafts Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Saudi Arabia Handicrafts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Saudi Arabia Handicrafts Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Saudi Arabia Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Handicrafts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Handicrafts Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Saudi Arabia Handicrafts Market Revenues & Volume, By Commercial, 2021-2031F |
7 Saudi Arabia Handicrafts Market Import-Export Trade Statistics |
7.1 Saudi Arabia Handicrafts Market Export to Major Countries |
7.2 Saudi Arabia Handicrafts Market Imports from Major Countries |
8 Saudi Arabia Handicrafts Market Key Performance Indicators |
9 Saudi Arabia Handicrafts Market - Opportunity Assessment |
9.1 Saudi Arabia Handicrafts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Handicrafts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Saudi Arabia Handicrafts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Saudi Arabia Handicrafts Market - Competitive Landscape |
10.1 Saudi Arabia Handicrafts Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Handicrafts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |