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Europe Handicrafts Market
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Europe Handicrafts Market

Home Consumer Goods And Retail Europe Handicrafts Market

Europe Handicrafts Market, By Product Type (Woodware, Art Metalware, Handprinted Textiles & Scarves, Embroidered & Crocheted Goods, Zari & Zari Goods, Imitation Jewelry, Sculptures, Pottery & Glassware); By Distribution Channel (Mass Retailers, Departmental Stores, Independent Retailers, Specialty Stores, Online Stores); By End User (Residential, Commercial); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: March 2024
  • Report ID: BWC24235
  • Available Format: PDF
  • Page: 300

Report Overview

Heightened considerations for sustainability and ethics, a growing demand for authentic and unique products, cultural preservation, and heritage promotion, and thriving e-commerce platforms are expected to drive the Europe Handicrafts Market during the forecast period between 2024 and 2030.

Europe Handicrafts Market – Industry Trends & Forecast Report, 2030

Europe Handicrafts Market size was estimated at USD 197.62 billion in 2023. During the forecast period between 2024 and 2030, the Europe Handicrafts Market size is projected to grow at a CAGR of 10.32% reaching a value of USD 297.21 billion by 2030. A prominent driver of the market is the increasing consumer demand. Notably, there is a rising trend towards eco-friendly products made from materials like jute and bamboo, further fueling market expansion. Also, key industry players are forming collaborations to bring together traditional and modern handicraft designs, thereby bolstering market growth. The emergence of digital marketing and e-commerce platforms is poised to offer artisans improved access to markets and opportunities for global growth. The continued progress of local economies, the encouragement of sustainable living, and the safeguarding of cultural heritage rely heavily on the efforts of artists. The foreseeable future holds promising prospects for market participants, with craftsmen positioned to interact with a worldwide clientele, facilitated by the expansion of online platforms and e-commerce. Hence such aspects are expected to boost the expansion of the Europe Handicrafts Market during the period in analysis.

Europe Handicrafts Market

Handicrafts – Overview

Handicrafts, synonymous with artisanry, involve the creation of handmade items that reflect the culture and traditions of a society or region. These crafted goods play a crucial role in enriching the aesthetic, cultural, and utilitarian aspects of a place, thereby contributing significantly to its social, religious, and traditional fabric. Moreover, the handicraft industry serves as a significant source of employment in Europe.

Europe Handicrafts Market

Growth Drivers

Growing Demand for Authentic and Unique Products

The European Handicrafts Market is witnessing a surge in demand for genuine, handcrafted, and eco-friendly products like wooden home décor, handmade carpets and rugs, pashmina shawls, and silk and cashmere scarves. This trend underscores the growing preference for authentic and unique goods among consumers. Moreover, the rise of digital marketing and e-commerce platforms is facilitating artisans' access to global markets, further fueling the demand for their distinctive creations. However, challenges such as competition from mass-produced alternatives and counterfeit goods threaten the industry's growth. To thrive in this evolving landscape, artisans must adapt, innovate, and maintain the integrity of their craftsmanship.

Sustainability and Ethical Considerations

Growing environmental awareness is significantly influencing consumer behavior across diverse sectors. Handicrafts, in particular, often boast a smaller carbon footprint compared to mass-produced counterparts, primarily due to localized production methods and the prevalent use of natural, biodegradable materials. Moreover, artisans frequently incorporate sustainable practices like utilizing natural dyes and repurposing materials, appealing to eco-conscious consumers. Additionally, the meticulous and deliberate approach to handicraft production typically results in less waste, aligning with the current trend toward sustainable living. Given the escalating concerns regarding climate change and environmental sustainability, the eco-friendly attributes of handicrafts make them an ethical choice for consumers. This growing emphasis on environmental responsibility is driving the market's expansion.

Challenges

Competition from Mass-produced Goods

Competition from mass-produced goods poses a significant challenge to the growth of the Europe Handicrafts Market. Despite the rising demand for authentic, handcrafted goods, the accessibility and affordability of mass-produced alternatives attract a segment of consumers, undermining the market for genuine artisanal products. This competition not only impacts sales but also diminishes the unique value associated with handmade items. Additionally, limited market access for artisans, coupled with the proliferation of counterfeit goods, further restrains market growth. Adapting to changing consumer preferences and leveraging technological advancements are imperative to address this challenge and sustain the growth of the Handicrafts Market.

Impact of Escalating Geopolitical Tensions on Europe Handicrafts Market

Escalating geopolitical tensions can significantly impact the Europe Handicrafts Market. Uncertainty and instability may disrupt supply chains, leading to logistical challenges and increased production costs for artisans. Furthermore, fluctuating exchange rates and trade barriers could hinder international trade, limiting market access and revenue opportunities. Consumer confidence may also decline amidst geopolitical uncertainty, affecting purchasing decisions and overall demand for handicrafts. As geopolitical tensions escalate, the Europe Handicrafts Market may face heightened challenges in maintaining growth and stability, necessitating adaptive strategies to navigate turbulent geopolitical landscapes.

Europe Handicrafts Market

Segmental Coverage

Europe Handicrafts Market – By Product Type

By product type, the Europe Handicrafts Market is divided into Woodware, Art Metalware, Handprinted Textiles & Scarves, Embroidered & Crocheted Goods, Zari & Zari Goods, Imitation Jewelry, Sculptures, and Pottery & Glass Wares segments. The woodware segment holds the highest share in the Europe Handicrafts Market by product type. It is primarily due to wood's versatility, capable of being crafted into furniture, decor, kitchenware, and musical instruments. Its natural texture and timeless aesthetic seamlessly blend with various interior styles. Renowned for durability, wooden items offer long-lasting value with proper maintenance, enduring for generations. Woodworking embodies historical and symbolic importance, evident in carved figurines, religious icons, and musical instruments. Artisans harness wood's adaptability to create personalized, niche products. Wood's enduring appeal, coupled with its ability to withstand time, solidifies its status as a preferred choice among consumers and craftsmen alike. Meanwhile, the glassware segment is expected to witness the fastest growth during the forecast period. Changes in consumer lifestyles and preferences are expected to drive the Europe market growth for handicrafts glassware in the foreseeable future. Also, innovations in production technologies for handicrafts are projected to offer promising opportunities for the glassware market in the coming years.

Europe Handicrafts Market – By Distribution Channel

Based on distribution channel, the Europe Handicrafts Market is divided into Mass Retailers, Departmental Stores, Independent Retailers, Specialty Stores, and Online Stores segments. The mass retailers segment holds the highest share in the Europe Handicrafts Market by distribution channel. Numerous shoppers find delight in browsing through large retailers, particularly during holiday periods, as it often brings a sense of joy and festivity. Moreover, an expanding array of these retailers now showcase sustainable handicrafts to meet the rising desire for eco-friendly goods among consumers. Through the promotion and availability of sustainable options, these retailers showcase their dedication to corporate social responsibility and environmental sustainability, thereby bolstering their brand image among environmentally conscious customers. Meanwhile, the online stores segment is expected to witness the fastest growth rate during the forecast period. The pandemic expedited the transition to online shopping, with consumers seeking safe and convenient ways to shop and entertain themselves from home. Furthermore, retail establishments have delved into e-commerce initiatives to extend their customer base and geographical presence, which could contribute to the segment's growth during the forecast period.

Europe Handicrafts Market – By End User

On the basis of end user, the Europe Handicrafts Market is bifurcated into Residential and Commercial segments. The residential segment holds a higher share in the Europe Handicrafts Market by end user. It is primarily due to the widespread use of handicrafts in home décor, prized for their distinctive designs, textures, and artistic flair. Many homeowners cherish handicrafts as bearers of tradition and cultural significance, evoking emotional connections. Offering customizable options, handicrafts allow individuals to express their unique style in residential settings. Popular as gifts for weddings, housewarmings, and anniversaries, they maintain high demand in residential contexts. Furthermore, catering to niche interests like cultural motifs or artisanal techniques, handicrafts attract dedicated consumer bases. Their enduring appeal and emotional resonance make them indispensable elements in residential spaces, driving their prevalence in the market.

Europe Handicrafts Market Share

Europe Handicrafts Market – By Country

The in-depth research report on the Europe Handicrafts Market covers various country-specific markets across nine major regions: Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, The Netherlands, and Rest of Europe.

Competitive Landscape

Major players operating in Europe Handicrafts Market include Royal Delft, Goebel Porzellanmanufaktur GmbH, Meissen Porcelain Manufactory, staatliche porzellan-manufaktur meissen gmbh, ROYAL COPENHAGEN, Hannah Turner Ltd, Lalique, Herend Porcelain Manufactory Ltd, Murano Glass, Swarovski AG, and Faberge Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In May 2023 - The EU Parliament and Council agreed on extending geographical indication (GI) protection to traditional crafts, such as textiles, jewelry, and glass. This expansion aims to promote innovation and investment while aiding artisans and SMEs in preserving their traditional expertise. The agreement emphasizes efficiency in control procedures and facilitation of registration processes.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

USD Billion 

Market Coverage

Europe

Product/ Service Segmentation

Product Type, Distribution Channel, End User, Country

Key Players

Royal Delft, Goebel Porzellanmanufaktur GmbH, Meissen Porcelain Manufactory, staatliche porzellan-manufaktur meissen gmbh, ROYAL COPENHAGEN, Hannah Turner Ltd, Lalique, Herend Porcelain Manufactory Ltd, Murano Glass, Swarovski AG, Faberge Limited

 

By Product Type

  • Woodware

  • Art Metalware

  • Handprinted Textiles & Scarves

  • Embroidered & Crocheted Goods

  • Zari & Zari Goods

  • Imitation Jewelry

  • Sculptures

  • Pottery & Glassware

By Distribution Channel

  • Mass Retailers

  • Departmental Stores

  • Independent Retailers

  • Specialty Stores

  • Online Stores

By End User

  • Residential

  • Commercial

By Country

  • Germany

  • United Kingdom

  • Italy

  • France

  • Spain

  • Belgium

  • Russia

  • The Netherlands

  • Rest of Europe

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Europe Handicrafts Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing Demand for Authentic and Unique Products
        2. Cultural Preservation and Heritage Promotion
        3. Rise of E-commerce Platforms
        4. Sustainability and Ethical Considerations
      2. Restraints
        1. Competition from Mass-produced Goods
        2. Limited Market Access for Artisans
        3. Changing Consumer Preferences and Trends
      3. Opportunities
        1. Growing Demand for Handmade and Authentic Products
          1.  
        2. Collaborations and Cross-cultural Exchanges
      4. Challenges
        1. Imitation and Counterfeit Products
        2. Changing Consumer Preferences and Trends
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Europe Handicrafts Market, Pricing Analysis
  5. Europe Handicrafts Market: Marketing Strategies
  6. Europe Handicrafts Market Overview
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
        1. Woodware
        2. Art Metalware
        3. Handprinted Textiles & Scarves
        4. Embroidered & Crocheted Goods
        5. Zari & Zari Goods
        6. Imitation Jewelry
        7. Sculptures
        8. Pottery & Glassware
        9. Others
      2. By Distribution Channel
        1. Mass Retailers
        2. Departmental Stores
        3. Independent Retailers
        4. Specialty Stores
        5. Online Stores
        6. Others
      3. By End User
        1. Residential
        2. Commercial
      4. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Belgium
        7. Russia
        8. The Netherlands
        9. Rest of Europe
  7. Germany Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  8. United Kingdom Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  9. Italy Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  10. France Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  11. Spain Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  12. Belgium Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  13. Russia Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  14. The Netherlands Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  15. Rest of Europe Handicrafts Market
    1. Market Product Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By End User
  16. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Handicrafts Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  17. Europe Handicrafts Market: Import & Export
  18. Impact of Escalating Geopolitical Tensions on Europe Handicrafts Market
  19. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Royal Delft
    2. Goebel Porzellanmanufaktur GmbH
    3. Meissen Porcelain Manufactory
    4. staatliche porzellan-manufaktur meissen gmbh
    5. ROYAL COPENHAGEN
    6. Hannah Turner Ltd
    7. Lalique
    8. Herend Porcelain Manufactory Ltd.
    9. Murano Glass
    10. Swarovski AG
    11. Faberge Limited
    12. Other Prominent Players
  20. Key Strategic Recommendations
  21. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Country
    5.    Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

          

 

List of Figures

 

Figure 1       Europe Handicrafts Segmentation

Figure 2       Europe Handicrafts Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       Europe Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 5       Europe Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 6       Europe Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 7       Europe Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 8       Europe Handicrafts Market Share, By Country, By Value, 2019–2030

Figure 9       Germany Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 10     Germany Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 11     Germany Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 12     Germany Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 13     United Kingdom Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 14     United Kingdom Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 15     United Kingdom Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 16     United Kingdom Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 17     Italy Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 18     Italy Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 19     Italy Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 20     Italy Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 21     France Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 22     France Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 23     France Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 24     France Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 25     Spain Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 26     Spain Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 27     Spain Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 28     Spain Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 29     Belgium Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 30     Belgium Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 31     Belgium Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 32     Belgium Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 33     Russia Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 34     Russia Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 35     Russia Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 36     Russia Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 37     The Netherlands Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 38     The Netherlands Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 39     The Netherlands Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 40     The Netherlands Handicrafts Market Share, By End User, By Value, 2019–2030

Figure 41     Rest of Europe Handicrafts Market Size, By Value (USD Billion), 2019–2030

Figure 42     Rest of Europe Handicrafts Market Share, By Product Type, By Value, 2019–2030

Figure 43     Rest of Europe Handicrafts Market Share, By Distribution Channel, By Value, 2019–2030

Figure 44     Rest of Europe Handicrafts Market Share, By End User, By Value, 2019–2030

 

List of Tables

 

Table 1        Europe Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 2        Europe Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 3        Europe Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 4        Europe Handicrafts Market Size, By End User, By Value, 2019–2030

Table 5        Europe Handicrafts Market Size, By Country, By Value, 2019–2030

Table 6        Germany Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 7        Germany Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 8        Germany Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 9        Germany Handicrafts Market Size, By End User, By Value, 2019–2030

Table 10      United Kingdom Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 11      United Kingdom Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 12      United Kingdom Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 13      United Kingdom Handicrafts Market Size, By End User, By Value, 2019–2030

Table 14      Italy Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 15      Italy Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 16      Italy Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 17      Italy Handicrafts Market Size, By End User, By Value, 2019–2030

Table 18      France Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 19      France Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 20      France Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 21      France Handicrafts Market Size, By End User, By Value, 2019–2030

Table 22      Spain Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 23      Spain Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 24      Spain Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 25      Spain Handicrafts Market Size, By End User, By Value, 2019–2030

Table 26      Belgium Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 27      Belgium Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 28      Belgium Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 29      Belgium Handicrafts Market Size, By End User, By Value, 2019–2030

Table 30      Russia Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 31      Russia Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 32      Russia Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 33      Russia Handicrafts Market Size, By End User, By Value, 2019–2030

Table 34      The Netherlands Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 35      The Netherlands Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 36      The Netherlands Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 37      The Netherlands Handicrafts Market Size, By End User, By Value, 2019–2030

Table 38      Rest of Europe Handicrafts Market Size, By Value (USD Billion), 2019–2030

Table 39      Rest of Europe Handicrafts Market Size, By Product Type, By Value, 2019–2030

Table 40      Rest of Europe Handicrafts Market Size, By Distribution Channel, By Value, 2019–2030

Table 41      Rest of Europe Handicrafts Market Size, By End User, By Value, 2019–2030

Table 42      Royal Delft Company Overview

Table 43      Royal Delft Financial Overview

Table 44      Goebel Porzellanmanufaktur GmbH Company Overview

Table 45      Goebel Porzellanmanufaktur GmbH Financial Overview

Table 46      Meissen Porcelain Manufactory Company Overview

Table 47      Meissen Porcelain Manufactory Financial Overview

Table 48      staatliche porzellan-manufaktur meissen gmbh Company Overview

Table 49      staatliche porzellan-manufaktur meissen gmbh Financial Overview

Table 50      ROYAL COPENHAGEN Company Overview

Table 51      ROYAL COPENHAGEN Financial Overview

Table 52      Hannah Turner Ltd Company Overview

Table 53      Hannah Turner Ltd Financial Overview

Table 54      Lalique Company Overview

Table 55      Lalique Financial Overview

Table 56      Herend Porcelain Manufactory Ltd Company Overview

Table 57      Herend Porcelain Manufactory Ltd Financial Overview

Table 58      Murano Glass Company Overview

Table 59      Murano Glass Financial Overview

Table 60      Swarovski AG Company Overview

Table 61      Swarovski AG Financial Overview

Table 62      Faberge Limited Company Overview

Table 63      Faberge Limited Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Europe Handicrafts Market size was estimated at USD 197.62 billion in 2023.
Ans: Europe Handicrafts Market is expected to grow at a CAGR of 10.32% during the forecast period between 2024 and 2030.
Ans: Europe Handicrafts Market size is forecast to reach a value of USD 297.21 billion by 2030.
Ans: The growth of the Europe Handicrafts Market is primarily driven by the growing demand for authentic and unique products, cultural preservation and heritage promotion, rising e-commerce platforms, and sustainability and ethical considerations.
Ans: The mass retailers segment is expected to grow at the highest CAGR in the Europe Handicrafts Market during the forecast period between 2024 and 2030.
Ans: The residential segment holds a major share in the Europe Handicrafts Market by end user.
Ans: The woodware segment is expected to grow at the highest CAGR in the Europe Handicrafts Market during the forecast period between 2024 and 2030.
Ans: Key players in Europe Handicrafts Market include Royal Delft, Goebel Porzellanmanufaktur GmbH, Meissen Porcelain Manufactory, staatliche porzellan-manufaktur meissen gmbh, ROYAL COPENHAGEN, Hannah Turner Ltd, Lalique, Herend Porcelain Manufactory Ltd, Murano Glass, Swarovski AG, and Faberge Limited.