Product Code: ETC014930 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Handicrafts Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 4.91% in 2025, the market peaks at 17.57% in 2028, and settles at 12.21% by 2029.
By 2027, Vietnam's Handicrafts market is forecasted to achieve a exponential growth rate of 15.59%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The handicrafts market in Vietnam has been witnessing growth, driven by factors such as rich cultural heritage, traditional craftsmanship, increasing tourism, and growing demand for unique and sustainable products.
Vietnam has a long history of traditional craftsmanship and a diverse cultural heritage, leading to a wide variety of handicraft products. The growing tourism industry in Vietnam has increased the demand for handicrafts as souvenirs and gifts for tourists. Consumers are becoming more conscious of sustainability and eco-friendly products, driving the demand for handmade and artisanal handicrafts. The rise of e-commerce platforms has enabled Vietnamese handicrafts to reach a global audience, expanding market opportunities.
The handicrafts market faces competition from mass-produced and cheaper alternatives, impacting the sales of traditional handmade products. The decline in the number of skilled artisans and craftsmen can be a challenge for maintaining the quality and authenticity of handicraft products. The lack of adequate intellectual property protection can lead to the imitation and replication of traditional designs, affecting the originality of handicrafts.
The Vietnam handicrafts market includes a wide range of artisans, small-scale producers, and export-oriented companies. Key players in this market may include manufacturers and suppliers of various handicraft products, such as ceramics, textiles, bamboo products, lacquerware, and woodcrafts. Specific names of key players may vary across different handicraft product categories.
The COVID-19 pandemic had notable impacts on the Vietnam handicrafts market. With travel restrictions and disruptions in tourism, the demand for handicrafts as souvenirs and gifts might have decreased. On the other hand, the pandemic also increased the interest in local and sustainable products, which could have led to a surge in demand for handmade and artisanal handicrafts. Additionally, disruptions in supply chains and logistics due to the pandemic could have impacted the production and export of handicraft products, leading to potential supply shortages and delays.
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 Vietnam Handicrafts Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Handicrafts Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Handicrafts Market - Industry Life Cycle |
3.4 Vietnam Handicrafts Market - Porter's Five Forces |
3.5 Vietnam Handicrafts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Handicrafts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Vietnam Handicrafts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Vietnam Handicrafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Handicrafts Market Trends |
6 Vietnam Handicrafts Market, By Types |
6.1 Vietnam Handicrafts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Handicrafts Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Handicrafts Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.4 Vietnam Handicrafts Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.5 Vietnam Handicrafts Market Revenues & Volume, By Hand printed Textiles and Scarves, 2021-2031F |
6.1.6 Vietnam Handicrafts Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.7 Vietnam Handicrafts Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.8 Vietnam Handicrafts Market Revenues & Volume, By Imitation Jewellery, 2021-2031F |
6.1.9 Vietnam Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Vietnam Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Handicrafts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Handicrafts Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Vietnam Handicrafts Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Vietnam Handicrafts Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Vietnam Handicrafts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Vietnam Handicrafts Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Vietnam Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Handicrafts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Handicrafts Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Vietnam Handicrafts Market Revenues & Volume, By Commercial, 2021-2031F |
7 Vietnam Handicrafts Market Import-Export Trade Statistics |
7.1 Vietnam Handicrafts Market Export to Major Countries |
7.2 Vietnam Handicrafts Market Imports from Major Countries |
8 Vietnam Handicrafts Market Key Performance Indicators |
9 Vietnam Handicrafts Market - Opportunity Assessment |
9.1 Vietnam Handicrafts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Handicrafts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Vietnam Handicrafts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Vietnam Handicrafts Market - Competitive Landscape |
10.1 Vietnam Handicrafts Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Handicrafts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |