Latin America Handicrafts Market Size & Outlook, 2023-2030

The handicrafts market in Latin America is expected to reach a projected revenue of US$ 68,916.9 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America handicrafts market from 2024 to 2030.
Revenue, 2023 (US$M)
$49,369.7
Forecast, 2030 (US$M)
$68,916.9
CAGR, 2024 - 2030
4.9%
Report Coverage
Latin America

Latin America handicrafts market highlights

  • The Latin America handicrafts market generated a revenue of USD 49,369.7 million in 2023.
  • The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
  • In terms of segment, woodwork was the largest revenue generating product category in 2023.
  • Glassware is the most lucrative product category segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 49,369.7 million
Market revenue in 2030USD 68,916.9 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentWoodwork
Fastest growing segmentGlassware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationApparel & Accessories, Woodwork, Glassware, Potteryware, Art Metalware, Kitchen & Tableware, Sculpture, Fragrance & Incense Sticks
Key market players worldwideFakih Group of Companies, Gangamani Fashions, Handicrafts Town, Dezaro


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.0% of the global handicrafts market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 361,198.5 million by 2030.

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Handicrafts Market Scope

Handicrafts market segmentation & scope
Apparel & Accessories
Woodwork
Glassware
Potteryware
Art Metalware
Kitchen & Tableware
Sculpture
Fragrance & Incense Sticks
Others
Mass Retailers
Independent Retailers
Specialty Stores
Online Stores
Others

Handicrafts Market Companies

Name Profile # Employees HQ Website

Latin America handicrafts market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to handicrafts market will help companies and investors design strategic landscapes.


Woodwork was the largest segment with a revenue share of 26.83% in 2023. Horizon Databook has segmented the Latin America handicrafts market based on apparel & accessories, woodwork, glassware, potteryware, art metalware, kitchen & tableware, sculpture, fragrance & incense sticks covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America handicrafts market databook

  • Our clientele includes a mix of handicrafts market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America handicrafts market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America handicrafts market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America handicrafts market size, by country, 2018-2030 (US$M)

Latin America Handicrafts Market Outlook Share, 2023 & 2030 (US$M)

Latin America handicrafts market size, by country, 2018-2030 (US$M)

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