Syndicated Analytics' latest report titled “Handicraft Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028” covers all the aspects including industry performance, key success, and risk factors, manufacturing requirements, project costs, and economics expected returns on investment, profit margins, etc. required for setting up a handicraft manufacturing plant. The study, which is based both on desk research and multiple waves of qualitative primary research, is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the handicraft industry in any manner.
Handicrafts, also called artisanry, are unique artifacts that are either handmade or manufactured through simple, non-automated tools, including scissors, carving equipment, etc., instead of machines. They are produced using various materials, such as wood, sheet metal, natural fibers, beads, wrought iron, textiles, ceramics, etc. Handicrafts include pottery, quilts, idols, handwoven blankets, imitation jewelry, etc. Their production needs considerable hand-eye coordination as well as intense concentration. Handicrafts represent the tradition, heritage, and culture of a particular region and thus showcase numerous aesthetic, religious, and social values. In addition to this, they are prominent sources of foreign exchange revenue, require low capital investments, offer valuable employment opportunities to local communities, etc.
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The increasing demand for handmade decor items in offices, homes, restaurants, etc., is primarily driving the global handicraft market. Additionally, the easy availability and accessibility of handicrafts through e-commerce websites are also contributing to the market growth. Besides this, the growing popularity of conventional handicraft production techniques, such as hand dyeing, woodblock printing, handloom weaving, etc., that assist in stimulating creativity and imagination, reducing stress, encouraging socialization, participation, and teamwork, etc., is positively influencing the global market. Moreover, the expanding travel and tourism industry is offering vast opportunities to local artisans and manufacturers to sell commoditized products to tourists, which, in turn, is further bolstering the market growth. Apart from this, several other factors, including the inflating disposable incomes of individuals and growing consumer preference for ethnic decor items, are anticipated to propel the growth of the global handicraft market in the coming years.
| Report Metrics | Details |
| Industry Overview | Market Performance, Key Segmentation, Breakup by Region, Pricing Trends, Influence of COVID-19 and Market Prospects |
| Price Trends Analysis | Raw Material Price Trends, Handicraft, Price Trends, and Product Margins |
| Manufacturing Process | Product Snapshot, Detailed Process Flow, Unit Operations, Mass Balance and Raw Materials |
| Land, Location and Site Development | Overview of Land Location, Project Planning and Phasing of Development, Environmental Impacts, and Land Requirement and Expenditure |
| Project Economics | Capital Investments, Operating Costs, Expenditure Projections, Revenue Estimates, Profit Forecasts and Financial Analysis |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 2999 Corporate License: US$ 3999 |
| Post-Sale Analyst Support | For a period of 10 to 12 weeks after your purchase, you can contact our analysts for any support with the scope of the report. |
| Delivery Format | Sent by email in PDF and Excel formats. (On special request, the study’s editable version in PPT and Word formats is also provided.) |
You can share any particular business requirements that you have, and we will adjust the scope of the report to your needs. The following are some typical customizations that our clients ask for:
- The report may be customized based on the nation or region in which you intend to locate your business
- The production capacity of the facility can be customized in accordance with your needs
- Suppliers of machinery and prices can be tailored to your requirements
- Depending on your needs, we may also modify the present scope
About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports and feasibility studies. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients, which range from small and medium enterprises to Fortune 1000 companies. These firms are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up-to-date with the current and the evolving trends of the industry.
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