Product Code: ETC4776380 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Panama Handicraft Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 0.14% in 2027, following an initial rate of 0.11%, before easing to 0.08% at the end of the period.
By 2027, the Handicraft market in Panama is anticipated to reach a growth rate of 0.14%, 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 Panama Handicraft Market Overview |
3.1 Panama Country Macro Economic Indicators |
3.2 Panama Handicraft Market Revenues & Volume, 2021 & 2031F |
3.3 Panama Handicraft Market - Industry Life Cycle |
3.4 Panama Handicraft Market - Porter's Five Forces |
3.5 Panama Handicraft Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Panama Handicraft Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Panama Handicraft Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Panama Handicraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing tourism in Panama, leading to higher demand for authentic handicrafts |
4.2.2 Growing interest in sustainable and ethically sourced products |
4.2.3 Government initiatives to promote local artisans and handicraft industry |
4.3 Market Restraints |
4.3.1 Competition from mass-produced and cheaper imported goods |
4.3.2 Limited access to distribution channels and markets beyond Panama |
4.3.3 Fluctuating raw material costs impacting production and pricing |
5 Panama Handicraft Market Trends |
6 Panama Handicraft Market Segmentations |
6.1 Panama Handicraft Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Panama Handicraft Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.3 Panama Handicraft Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.4 Panama Handicraft Market Revenues & Volume, By Handprinted Textiles and Scarves, 2021-2031F |
6.1.5 Panama Handicraft Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.6 Panama Handicraft Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.7 Panama Handicraft Market Revenues & Volume, By Imitation Jewelry, 2021-2031F |
6.1.9 Panama Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Panama Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.2 Panama Handicraft Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Panama Handicraft Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Panama Handicraft Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Panama Handicraft Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Panama Handicraft Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Panama Handicraft Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Panama Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.3 Panama Handicraft Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Panama Handicraft Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Panama Handicraft Market Revenues & Volume, By Commercial, 2021-2031F |
7 Panama Handicraft Market Import-Export Trade Statistics |
7.1 Panama Handicraft Market Export to Major Countries |
7.2 Panama Handicraft Market Imports from Major Countries |
8 Panama Handicraft Market Key Performance Indicators |
8.1 Percentage increase in the number of tourists purchasing handicrafts in Panama |
8.2 Growth in online sales of Panamanian handicrafts |
8.3 Number of new partnerships with international retailers for selling Panamanian handicrafts |
8.4 Percentage of revenue generated from eco-friendly and sustainable handicraft products |
8.5 Number of artisan workshops supported through government programs and initiatives |
9 Panama Handicraft Market - Opportunity Assessment |
9.1 Panama Handicraft Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Panama Handicraft Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Panama Handicraft Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Panama Handicraft Market - Competitive Landscape |
10.1 Panama Handicraft Market Revenue Share, By Companies, 2024 |
10.2 Panama Handicraft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |