In 2022, the market for handicrafts was estimated to be worth USD 1005487.5 million.
The market for handicrafts is anticipated to increase at a CAGR of 11.00% from 2023 to 2030, reaching USD 2317183.92 million in 2030.
Woodcraft is the most popular product type category.
The notable segment is natural fibers by material.
The traditional and folk art category is anticipated to exhibit the highest CAGR during the projection period.