How big is the handicraft market?
In 2025, the market is estimated to reach USD 427.71 billion.
What is the projected handicraft valuation for the year 2035?
By 2035, the market is forecasted to reach USD 1,160.83 billion.
What is the key factor boosting the demand for handicrafts?
The growing demand for sustainable products made of materials such as bamboo, jute, and
other earthy materials are boosting the demand for the product, impelling market growth.
Who are the key handicraft companies?
Asian Handicrafts Pvt. Ltd., Fakih Group of Companies, Shandong Laizhou Arts and Crafts
Imp & Exp Co. Ltd., Ten Thousand Villages, Oriental Handicrafts Pte. Ltd., NGOC Dong Ha
Nam, Minhou Minxing Weaving Co., Ltd. are some important key market players in the
industry.
Which type of handicraft is being widely used?
Woodworks are being widely purchased by customers.
Which country is slated to garner fastest growth in the handicraft market?
India, poised to expand at 14% CAGR during the study period, is slated to depict fastest
growth.
The Office of the Development Commissioner (Handicrafts) provides financial
assistance to handicrafts artisans, including solopreneurs, through various
schemes, primarily under the National Handicrafts Development Programme
(NHDP). These schemes offer loans, margin money, and other support to help
artisans develop their businesses.
Key Details:
Mudra Loans:
The Development Commissioner (Handicrafts) facilitates access to
Mudra loans, with options like Shishu (up to INR 50,000), Kishor (INR
50,000 to INR 5,00,000), and Tarun (INR 5,00,000 to INR 10,00,000).
Margin Money:
The office also provides margin money to artisans to help them meet the initial
capital requirements of their ventures.
National Handicrafts Development Programme (NHDP):
This program offers comprehensive support to artisans, including financial
assistance, skill development, and market linkages.
Interest Subvention:
Some schemes may include interest subvention, where the government provides
a subsidy on the interest rate of the loans.
Direct Benefit Transfer (DBT):
Many schemes utilize DBT to directly transfer funds to the beneficiaries'
accounts.
Other Schemes:
The office also implements other schemes focused on welfare measures for
handicrafts artisans, such as the Handicrafts Artisans Comprehensive Welfare
Scheme.
Support through Cooperatives/NGOs:
The Development Commissioner (Handicrafts) also works with apex/primary
handicrafts cooperatives and NGOs to extend assistance to the handicrafts
industry.
Entrepreneurship Development:
The office supports entrepreneurship development by organizing craft
awareness programs and providing training related to various aspects of the
business.
How to Apply:
1. Identify Relevant Scheme: Artisans need to identify the specific scheme
that best suits their needs and eligibility.
Contact Office or Implementing Agency: Contact the Office of the
Development Commissioner (Handicrafts) or the designated implementing
agency (e.g., cooperatives, NGOs).
Fulfill Application Requirements: Prepare the necessary documents and
fulfill the application requirements of the chosen scheme.
Submit Application: Submit the application through the appropriate
channels.
Follow-up: Follow up on the application status and any further
requirements.
Loan and Welfare Schemes for Artisans - PIB
13 Mar 2020 — Posted On: 13 MAR 2020 4:54PM by PIB Delhi. The
Office of Development Commissioner (Handicrafts) provides MUDRA
loan an...
Schemes of Developement Commissioner (Handicraft)
of India extends various assistance through Apex/Primary Handicrafts Co-
operatives/NGOs for development of Handicrafts Industries ...
dhorissa.nic.in
Information on National Handicrafts Development Programme (NHDP)
27 Feb 2024 — The National Handicrafts Development Programme (NHDP) is
a government scheme that supports artisans and handicraft clus...
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Based on the latest trends and reports, here are some of the most popular
types of handmade products in India right now:
Textiles
Handloom sarees: Varieties like Banarasi, Kanchipuram, and those with
Jamdani weave are highly sought after [1][2]. Brands like Suta are known for
their exquisite handloom sarees [3].
Kashmiri Shawls: Known for fine embroidery and luxurious fabrics, especially
Pashmina shawls [1][2].
Handwoven textiles: Items like cushions, table runners, and bedspreads with
block-printed designs are popular for home décor [4].
Phulkari embroidery: Widely used on dupattas, bedsheets, and cushion
covers [5].
Paintings
Madhubani Paintings: These paintings from Bihar, known for mythological
themes and natural colors, are a global cultural symbol [1][5].
Warli Paintings: Simple stick-figure storytelling art from Maharashtra,
replicated on bags, trays, and wall hangings [6][7].
Pattachitra Paintings: Traditional cloth-based scroll painting from Odisha [1]
[7].
Home Decor Items
Brass Handicrafts: Items like lamps, idols, and utensils are globally respected
[5][8]. A store specializing in Indian brassware can attract customers looking
for exotic home decor [4].
Terracotta Products: Eco-friendly and affordable items like garden décor,
wall hangings, and religious idols [5].
Bamboo and Cane Crafts: Baskets, furniture, and lampshades are popular for
home décor [2][5].
Metal Sculptures: Versatile and can be crafted into traditional and
contemporary forms, fitting into various interior design styles [9].
Jewelry
Traditional Jewelry: Kundan sets, Meenakari earrings, and silver anklets are
in demand [4].
German Silver Handicraft Products: Items like silver-plated cutlery and pooja
thalis are popular [10].
Woodwork
Hand-carved wooden boxes and trays: These continue to be popular [8].
Channapatna Toys: Lacquered wooden toys from Karnataka [5][6].
Leather Products
Handmade Leather Bags: Including handbags, wallets, and backpacks with
contemporary designs [8].
Sustainable and Eco-Friendly Products
Jute Crafts: Bags, stationery, and jewelry made from jute [2][8].
Handmade Paper Products: Diaries, bags, and gifts [8].
