Don’t we just love looking unique and elegant, adding something that makes us stand out from the whole crowd? Yes we do and that’s exactly what artisanal and handicraft gifting is in the gifting industry. Artisanal gifting refers to the practice of giving gifts that are handmade by artisans, often using traditional methods and high quality materials. The items showcase the skills of the maker and give a personal touch to the item. The Indian handicrafts market size reached US$ 3,968.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6,218.4 Million by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028. The booming growth of the Indian Handicraft market shows how quality products are in demand. These gifts continue to gain popularity because of their uniqueness which is loved by the recipient. 

Why Handicrafts?

Handicrafts are wildly popular because of their uniqueness, artistic style, sustainability, and the emotions they carry which can be seen right through. It is completely based on an idea of emotions it wants to reflect, and that’s why it is one of the best examples of thoughtful presents.

Uniqueness

The most popular cause of the rise in the market of handicraft items is because of its uniqueness and ability to stand out from all the other items because everybody wants their presents to be one of a kind. It reflects originality and a personal touch by the maker which automatically gives you a feeling of closeness with the gift which adds sentimental value to it. In brief, handicrafts are the kind of gifts whose value increases as the time passes by. In today’s era, the youth are head  over heels about such items, they like the originality, the quality and mostly, how it adds to their aesthetic vibe.

Supporting Local Artisans and Communities

The other thing that makes the handicraft market stand out is how it increases labor and employment opportunities between the communities that lack the inside peek in an actual market. It helps them work and increase their production and income doing what they are good at. So, purchasing handicrafts supports the local artisans and their businesses.

Diversity

The art of handmade items comes originally from long long back in the times when there were no machines, when people were completely dependent on handmade items. In the present time when we have all the machines we need, from washing dishes to brushing our teeth, we wonder why one would bother to look back and be dependent on handmade goods? But we have all the reason to go back to handmade items because that is only where you get the diversity, taste, unique style. The handmade items offer diversity as they are made by people from different corners who carry their cultural heritage and these people often belong to families of professionals who were into this business since the golden age. 

Cost Effective

Handicrafts items have a  reputation for being expensive but if you dive into the making of the products then you’d understand that it’s one of the most cost effective items considering time, effort and materials compared to the mass produced items which cost the same or more. 

Recycle and Reuse

Making art and craft from the waste materials have been taught to us since we were kids and it comes in handy when one has to start a business where you could put that talent to good use. Handmade items are often made from the waste materials like used bottles, CDs, papers, glass, metal, wood, textiles etc. All these materials combine together to make beautiful items that are put to show and are brought by the visitors in a large amount. It makes it easier to start your business with the help of products that won’t cost you much. With an excellent business you also contribute to nature by using the waste products without generating more waste material. 

Most loved Ideas For Handicraft Gifting

• Scented Candles – The global scented candles market size was estimated at USD 556.0 million in 2022 and is expected to reach USD 571.0 million in 2023.
• Bath Bombs – The global Bath Bomb Market was valued at USD 24.8 million in 2022 and is projected to reach USD 35.9 million by 2030, growing at a CAGR of 4.87% from 2023 to 2030.
• Natural Handmade Cosmetics – Natural Cosmetics Market size was valued at USD 37.63 billion in 2021 and is poised to grow from USD 39.52 billion in 2022 to USD 55.68 billion by 2030, at a CAGR of 5.02% during the forecast period (2023-2030).
• Handmade Accessories – The global handicraft market size was valued at USD 915.93 billion in 2022 and is projected to grow from USD 1,007.07 billion in 2023 to USD 1,972.32 billion by 2030, exhibiting a CAGR of 10.08% during the forecast period.
• Handmade Soaps – The global Handmade Soap market size was valued at USD 158.79 million in 2023 and is expected to expand at a CAGR of 5.94% during the forecast period, reaching USD 224.45 million by 2031.
• Handmade Card – The global market for Greeting Cards estimated at US$15.9 Billion in the year 2022, is projected to reach a revised size of US$12.2 Billion by 2030, growing at a CAGR of -3.2% over the analysis period 2022-2030. Just imagine it being handmade.

There are endless more handicraft items that are trending and have scope for a much bigger market.                                   

Conclusion

Handicrafts have been and always will be the most original and beautiful piece of art that should always have a bigger place in the market. It gives unique style and diversity while supporting the small scale business of the local community of artists who carve the beautiful pieces. Often made from recycled items, they help nature by producing least waste.