Reports
Latin America Handicrafts Market Size, Share, Forecast: By Product Type: Woodware, Artmetal Ware, Handprinted Textiles and Scarves, Embroidered and Crocheted Goods, Imitation Jewellery, Sculptures, Pottery and Glassware, Others; By Distribution Channel; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Latin America Handicrafts Market Outlook
The Latin America handicrafts market is expected to grow at a CAGR of 11.0% during the forecast period of 2024-2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Travel and Tourism in Latin American Countries is Boosting the Market Growth of Handicrafts in the Region
The handicrafts industry in Latin America is being driven on account of rising per capita disposable incomes and the willingness to spend on handicrafts, including handmade jewellery, apparel, and handcrafted home accessories. Furthermore, with an increased number of tourists, owing to flourishing tourism sector of Latin American countries, the sales of handicraft items in Latin America have increased owing to the invigorated demand for cultural goods, uncommon souvenirs, and indigenous art.
In addition to this, governments in a number of countries have taken supportive measures to boost their travel and tourism industries and are investing in a variety of programmes that promote handicraft manufacturing, thereby positively impacting the growth of the market. Moreover, efforts undertaken to streamline the manufacturing process and mainstream operations in order to economically empower the ground-level workers is another factor bolstering the growth of the market.
Handicrafts: Market Segmentation
Handicrafts refer to products that are made by artisans using hands and simple tools. These products represent the culture and tradition of a particular country or region as these products are unique and exhibit distinctive qualities.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By product type, the market can be segmented into:
- Woodware
- Artmetal Ware
- Handprinted Textiles and Scarves
- Embroidered and Crocheted Goods
- Imitation Jewellery
- Sculptures
- Pottery and Glassware
- Others
Based on distribution channel, the market is divided into:
- Mass Retailers
- Departmental Stores
- Independent Retailers
- Speciality Stores
- Online Stores
- Others
The market, based on end use, can be classified into:
- Residential
- Commercial
The EMR report looks into the regional markets of Latin America’s handicraft industry like Brazil, Argentina, and Mexico, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Emergence of Online Retail and E-Commerce Channels is Boosting the Market Growth of Handicrafts in Latin America
The growth in the Latin America market for handicrafts can be associated with the rise of online retail channels and the proliferation of various e-commerce channels, thereby easing consumer access to handcrafted products. Owing to rising smartphone ownership, robust internet facilities, and the dominance of e-commerce channels in Latin America, the inclusion of handicraft products on online retail channels is positively influencing the growth of the market.
In addition to this, the market is witnessing a shift from ethnic to contemporary designs, which is being fuelled by strong demand from offices, hospitals, and hotels. Furthermore, efforts to boost local art and culture is a significant factor bolstering the growth of the market. In line with this, the regional market is benefitting from robust demand from the international market and improved trade relations with the rest of the world. These are some of the factors providing impetus to the market.
Key Industry Players in the Latin America Handicrafts Market
The report gives a detailed analysis of the following key players in the Latin America handicrafts market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- TheFOB
- Caboclo
- Círculo SA
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Distribution Channel, End Use, Country |
| Breakup by Product Type | Woodware, Artmetal Ware, Handprinted Textiles and Scarves, Embroidered and Crocheted Goods, Imitation Jewellery, Sculptures, Pottery and Glassware, Others |
| Breakup by Distribution Channel | Mass Retailers, Departmental Stores, Independent Retailers, Speciality Stores, Online Stores, Others |
| Breakup by End Use | Residential, Commercial |
| Breakup by Country | Brazil, Argentina, Mexico, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | TheFOB, Caboclo, Círculo SA, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Latin America
7 Opportunities and Challenges in the Market
8 Latin America Handicrafts Market Analysis
8.1 Key Industry Highlights
8.2 Latin America Handicrafts Historical Market (2017-2022)
8.3 Latin America Handicrafts Market Forecast (2024-2032)
8.4 Latin America Handicrafts Market by Product Type
8.4.1 Woodware
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Artmetal Ware
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Handprinted Textiles and Scarves
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Embroidered and Crocheted Goods
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Imitation Jewellery
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Sculptures
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Pottery and Glassware
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Others
8.5 Latin America Handicrafts Market by Distribution Channel
8.5.1 Mass Retailers
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Departmental Stores
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Independent Retailers
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Speciality Stores
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Online Stores
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Latin America Handicrafts Market by End Use
8.6.1 Residential
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Latin America Handicrafts Market by Country
8.7.1 Brazil
8.7.2 Argentina
8.7.3 Mexico
8.7.4 Others
9 Regional Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Argentina
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Mexico
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Techniques Used for Manufacturing Handicrafts
12.1 Pottery
12.2 Basket Weaving
12.3 Tapestry
12.4 Mosaic
12.5 Tatting
12.6 Engraving
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 TheFOB
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Caboclo
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Círculo SA
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Handicrafts Market: Key Industry Highlights, 2018 and 2032
2. Latin America Handicrafts Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Latin America Handicrafts Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Latin America Handicrafts Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5. Latin America Handicrafts Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6. Latin America Handicrafts Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Latin America Handicrafts Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Latin America Handicrafts Historical Market: Breakup by Country (USD Million), 2018-2023
9. Latin America Handicrafts Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Latin America Handicrafts Market Structure
Key Questions Answered in the Report
The Latin America handicrafts market is projected to grow at a CAGR of 11.0% during 2024-2032.
The market is being driven by the flourishing tourism sector of Latin America, rising demand from offices, hospitals, and hotels, and supportive government measures.
The rise of online retail and e-commerce channels and the expanding travel and tourism industry are the key industry trends propelling the growth of the market.
The major countries in the industry are Brazil, Argentina, and Mexico, among others.
The different product types of handicrafts are woodware, artmetal ware, handprinted textiles and scarves, embroidered and crocheted goods, imitation jewellery, sculptures, and pottery and glassware, among others.
The significant distribution channels of handicrafts in Latin America are mass retailers, departmental stores, independent retailers, speciality stores, and online stores, among others.
The major end uses of handicrafts in Latin America are residential and commercial.
The major players in the industry are TheFOB, Caboclo, and Círculo SA, among others.
Analyst Review
The Latin America handicrafts market is being driven by the rise of online retail and e-commerce channels. Aided by the improvement in trade relations between the countries, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 11.0%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is categorised into woodware, artmetal ware, handprinted textiles and scarves, embroidered and crocheted goods, imitation jewellery, sculptures, pottery and glassware, among others. Based on distribution channel, the market is divided into mass retailers, departmental stores, independent retailers, speciality stores, and online stores, among others. The market, based on end use, can be classified into residential and commercial. The major countries of the Latin America handicrafts industry are Brazil, Argentina, and Mexico, among others. The key players in the above market are TheFOB, Caboclo, and Círculo SA, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$2799
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER