Middle East & Africa Handicrafts Market Size & Outlook
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MEA handicrafts market highlights
- The MEA handicrafts market generated a revenue of USD 28,410.5 million in 2023.
- The market is expected to grow at a CAGR of 5.2% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 28,410.5 million |
| Market revenue in 2030 | USD 40,504.6 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Woodwork |
| Fastest growing segment | Glassware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Apparel & Accessories, Woodwork, Glassware, Potteryware, Art Metalware, Kitchen & Tableware, Sculpture, Fragrance & Incense Sticks |
| Key market players worldwide | Fakih Group of Companies, Gangamani Fashions, Handicrafts Town, Dezaro |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.0% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Handicrafts Market Scope
Handicrafts Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dezaro | View profile | 251-500 | Jodhpur, Rajasthan, India, Asia | http://www.dezaro.com |
| Handicrafts Town | View profile | 11-50 | Moradabad, Uttar Pradesh, India, Asia | https://handicraftstown.com |
| Gangamani Fashions | View profile | 11-50 | https://www.indianethnicgifts.com/ | |
| Fakih Group of Companies | View profile | 101-250 | Dubai, Dubai, United Arab Emirates, Asia | https://fakihonline.com/ |
Middle East & Africa 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 2024. Horizon Databook has segmented the Middle East & Africa 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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Our clientele includes a mix of handicrafts market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa handicrafts market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa handicrafts market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA handicrafts market size, by country, 2018-2030 (US$M)
Middle East & Africa Handicrafts Market Outlook Share, 2024 & 2030 (US$M)
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