| Product Code: ETC4802006 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Guyana Handicrafts Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 60.74% in 2025, growth softens to 30.62% in 2029.

By 2027, the Handicrafts market in Guyana is anticipated to reach a growth rate of 50.19%, as part of an increasingly competitive Latin America region, where Brazil remains at the forefront, supported by Mexico, Argentina, Colombia and Chile, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Handicrafts Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Handicrafts Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Handicrafts Market - Industry Life Cycle |
3.4 Guyana Handicrafts Market - Porter's Five Forces |
3.5 Guyana Handicrafts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guyana Handicrafts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Guyana Handicrafts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Guyana Handicrafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for unique and authentic handmade products |
4.2.2 Growing tourism industry in Guyana promoting local handicrafts |
4.2.3 Rising interest in sustainable and eco-friendly products |
4.3 Market Restraints |
4.3.1 Limited access to raw materials for crafting |
4.3.2 Lack of infrastructure and resources for mass production |
4.3.3 Competition from cheaper imported goods |
5 Guyana Handicrafts Market Trends |
6 Guyana Handicrafts Market Segmentations |
6.1 Guyana Handicrafts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Handicrafts Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.3 Guyana Handicrafts Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.4 Guyana Handicrafts Market Revenues & Volume, By Hand printed Textiles and Scarves, 2021-2031F |
6.1.5 Guyana Handicrafts Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.6 Guyana Handicrafts Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.7 Guyana Handicrafts Market Revenues & Volume, By Imitation Jewellery, 2021-2031F |
6.1.9 Guyana Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Guyana Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guyana Handicrafts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Guyana Handicrafts Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Guyana Handicrafts Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Guyana Handicrafts Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Guyana Handicrafts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Guyana Handicrafts Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Guyana Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guyana Handicrafts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Guyana Handicrafts Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Guyana Handicrafts Market Revenues & Volume, By Commercial, 2021-2031F |
7 Guyana Handicrafts Market Import-Export Trade Statistics |
7.1 Guyana Handicrafts Market Export to Major Countries |
7.2 Guyana Handicrafts Market Imports from Major Countries |
8 Guyana Handicrafts Market Key Performance Indicators |
8.1 Number of tourists purchasing local handicrafts |
8.2 Percentage increase in online sales of Guyanese handicrafts |
8.3 Number of partnerships with local artisans and communities for product development |
9 Guyana Handicrafts Market - Opportunity Assessment |
9.1 Guyana Handicrafts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guyana Handicrafts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Guyana Handicrafts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Guyana Handicrafts Market - Competitive Landscape |
10.1 Guyana Handicrafts Market Revenue Share, By Companies, 2024 |
10.2 Guyana Handicrafts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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