PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1394667
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1394667
According to SPER Market Research, 'Europe Handicrafts Market Size- By Type, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Europe Handicrafts Market is predicted to reach USD 725.69 billion by 2033 with a CAGR of 9.82%.
The term "handicrafts" describes goods that are created by hand, without the use of machines, utilising traditional techniques and tools. The artisans who make these goods are recognised for their artistic vision, technical proficiency, and cultural background. For millennia, the cultural identity of Europe has been deeply rooted in handicrafts. They include jewellery, textiles, ceramics, metals, woodworking, and a variety of artistic mediums.
Furthermore, during the COVID-19 pandemic, the European handicrafts market experienced significant difficulties, including supply chain interruptions, workshop closures, and decreased consumer purchasing as a result of lockdowns. Artists had difficulty accessing markets and obtaining materials. Still, the crisis highlighted the allure of sustainably produced and locally crafted goods.