Top 8 Handicraft Manufacturers in the World

The global handicrafts market size reached US$ 830.4 Billion in 2023. The market is primarily driven by the rapidly expanding travel and tourism industry and the rising spending of travelers on purchasing items as souvenirs to remember a country. Furthermore, the emerging trend of gifting handicrafts on various special occasions represents another major growth-inducing factor. In addition, there is a rise in the adoption of unique handmade décor items in homes, offices, restaurants, and hotels to enhance the overall aesthetics of a space while adding a specific cultural and ethnic touch to the interior decorations. This, coupled with the increasing consumer preferences for modern designs and collecting artifacts that showcase the true essence of efficient craftsmanship, has propelled market growth.

As per the analysis by IMARC Group, the top handicrafts companies are leveraging e-commerce websites to sell authentic handicraft items and ship them to any location worldwide. They are also utilizing social media platforms to reach their target audience and offer buyers various lucrative offers and discounts to attract more customers. Besides this, several key players are adopting aggressive marketing strategies and promotional campaigns to encourage the production of commoditized items and sell them to tourists looking for souvenirs and other unique craft products. They are also offering different customization options in terms of size, shape, and other features according to the buyers’ requirements. Moreover, the leading manufacturers are developing novel textile machines that provide modular and customizable support to meet evolving customer needs. Along with this, the launch of automated textile machinery to minimize manual efforts, improve product uniformity, and design seamless dresses and outfits with intricate embroidery has catalyzed market growth. Looking forward, IMARC Group expects the market to reach US$ 1,864.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.2% during 2024-2032.

Learn about opportunities, challenges, and trends in the global handicraft with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Handicraft Industry Worldwide:

The global handicrafts market has several major players, including Asian Handicraft Private Limited, 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., and Native Crafts and Arts Industries. More information about these companies has been provided below.

1. Asian Handicrafts Private Limited

Asian Handicrafts Private Limited is a renowned government-recognized export house that is mainly involved in the production and exporting of Indian handicrafts, such as gift items, home décor, Christmas decorations and ornaments, fashion jewelry, and accessories. The company manufactures a wide range of handicraft products in the latest designs and color mixes using mixed materials and advanced techniques. 

2. Fakih Group of Companies

Fakih Group of Companies is a leading handicraft manufacturer and retailer in the world specializing in exquisite gifts, handicrafts, and antique products. It is also one of the largest small-scale cottage industry developers in Asia and a global leader in the international arena of trading, production, and export of souvenirs, traditional gifts, furniture, handicrafts, lamps, decorative items, oil perfumes, frames, and clothing. Moreover, the company has established a strong presence in transportation, logistics, travel and tourism, consultancy, engineering, and construction markets across the globe. 

3. Laizhou Zhonghe Arts and Crafts Imp & Exp Co. Ltd.

Laizhou Zhonghe Arts and Crafts Imp & Exp Co. Ltd. specializes in the export of cloth, polypropylene, paper straw, and other items. The company is primarily engaged in the manufacturing of bags and other products made using natural materials, such as wheat straw, cornhusk, raffia, seagrass, cotton, jute, denim, canvas, wool, tweed, and felt. It also offers a diverse range of straw bags, straw hats, beach bags, handmade storage baskets, willow and straw household products, table mats, and door mats. Currently, it operates import and export businesses worldwide, especially in China. 

4. Ten Thousand Villages

Ten Thousand Villages operates as a nonprofit fair-trade organization that sells handcraft products, crafts, and fair-trade gifts made by disadvantaged artisans in the United States. It is a leading US-based handicraft company that aims to empower makers in ten thousand villages. It offers an ideal way to shop for customers with the intention of ethically sourced handicraft wares. The company has also introduced the global maker-to-market movement that addresses economic injustices. Presently, it has over 56 stores in the United States, of which 18 are company-owned and 38 are run by nonprofit boards.

5. Oriental Handicraft Pte. Ltd.

Oriental Handicraft Pte. Ltd. is a family-owned exporting company specializing in handcrafted furniture and home accessories, from decorative storage to woven furniture. It also offers natural fibers of water hyacinth, seagrass, bamboo, and rattan, which are mainly used to create fabulous handmade carrying and natural breezes in homes and working areas. Over the years, the company has made significant achievements in terms of exporting volume, unique designs, and customer credibility. 

6. NGOC Dong Ha Nam 

NGOC Dong Ha Nam is one of the leading manufacturers and exporters of Vietnam handicrafts and home furnishings. It creates high-added value for importers, retailers, and distributors in over 30 countries globally to fulfill the rising consumer demand for superior quality and sustainable handicraft products. In addition, the company offers its buyers and clients handmade functional and decorative products, generating high-added value for importers, retailers, and distributors. Its broad product portfolio includes home, kitchen and bath accessories, decorative items and baskets, and small furniture items.

7. Minhou Minxing Weaving Co. Ltd.

Minhou Minxing Weaving Co. Ltd. is a leading global design company for wholesale home décor and one of the largest manufacturers and exporters in the Home Decor Industry. It offers a wide range of products, including arts and crafts, home decorations, and furniture. With more than 4000 employees and a production capacity of 6000 x 40” containers every year, the company exports its products to clients worldwide, particularly across North America and Europe.

8. Native Crafts and Arts Industries Inc.

Native Crafts and Arts Industries Inc. is one of the leading manufacturers and exporters of Philippine handicraft items across the globe. It has a diversified product portfolio comprising traditional handicrafts, bamboo lanterns, hanging lampshade pendants, candle holders, lighting pieces, gift packaging, photo frames, novelties, planters, and shell crafts. The company operates an extensive network of subcontractors all over the Philippines, along with a team of in-house designers that guarantee up-to-date gift items every season.

About Author: