Saturday, March 1, 2014

Global Potentiality of Bangladeshi Handicraft Part II




World demand for handicraft:
                                                              World demand of handicraft is increasing in great deal. The USAID published in a report the following table of the demand of handicraft and its growth.
Raw Material
Illustrative
Home Accessory
Top U.S. Retail Stores

Market Segment

(as classified
Product
(2010 sales in $ millions and 2011 growth

(2010 U.S. market

by ITC)
Examples
projection)

share)










Basket, wicker,
Baskets

Home accent/gift stores ($6,500; 4.2%)

and vegetable


Direct-to-consumer channel ($2,500; 9%)

fibers
Handbags



Discount stores/off-price retailers ($2,275; 6.4%)





Metal
Picture
Accessories and
Lifestyle stores ($700; 8.6%)

Department stores ($660; 0.8%)


frames (of


gifts (22%)
Craft/fabric stores/chain ($445; down 3.4%)

Leather
wood and


Interior designers ($425; 2.4%)


metal)


Paper

Traditional furniture stores/chain ($320; 6.3%)




Wall décor

Home improvement centers and warehouse clubs






($150; 2%)

Pottery
items



Traditional furniture stores/chains ($3,100; 6.5%)

Wood
Boxes



Lifestyle stores ($2,850; 7%)





Soap
Decorative

Discount stores/off-price retailers ($2,175; 6.4%)

Accent furniture
Home accent/gift stores ($2,050; 6.1%)


accessories


Interior designers ($1,120; 1.3%)

Textiles
(21%)




Home improvement centers and warehouse clubs

Ornaments





Stone

($575; 3.5%)




Vases

Department stores ($535; down 0.6%)




Glass

Direct-to-consumer channel ($450; 11.1%)




Candles

Discount stores/off-price retailers ($1,360; 4%)

Bone





Candle-

Home improvement centers and warehouse clubs






($1,260; 4.9%)

Horn
holders



Lamp and lighting stores/chains ($1,180; 0.8%)





Shells
Ceramics
Portable lamps
Home accent/gift stores ($952; 2.2%)

(11%)
Lifestyle stores ($510; 5.3%)




Combination of
Sculptures

Direct-to-consumer channel ($435; 5.7%)


Traditional furniture stores/chain ($410; 5.4%)

different





Department stores ($300; down 1.7%)

materials and
Masks



Craft/fabric stores/chain ($170; 0%)

techniques





















Home Accessory



Raw Material
Illustrative
Top U.S. Retail Stores

Market Segment

(as classified
Product
(2010 sales in $ millions and 2011 growth

(2010 U.S. market

by ITC)
Examples
projection)

share)












Bowls and

  Discount stores/off-price retailers ($1,650; 4.2%)



Lifestyle stores ($1,060; 2.8%)


dishes



Furniture

  Home improvement centers and warehouse clubs




($610; 3.6%)


Embroidered
Area rugs (9%)
Traditional furniture stores/chains ($565; 3.2%)



  Floor covering stores ($509; 2.2%)


and sewn




Direct-to-consumer channel ($470; 4.3%)


textiles




  Home accent/gift stores ($405; 2.5%)






Papier mâché

  Department stores ($305; down 1.6%)



  Discount stores/off-price retailers ($1,625; 4.3%)






Jewelry

  Home accent/gift stores ($785; 3.2%)



Direct-to-consumer channel ($690; 4.3%)






Musical

Traditional furniture stores $540; 5.6%)


instruments
Wall décor (9%)
Lifestyle stores ($515; 3.9%)



  Home improvement centers and warehouse clubs


Toys




($445; 3.4%)








  Craft/fabric stores/chain ($355; down 2.8%)




Interior designers ($155; 3.2%)




  Department stores ($118; down 1.7%)




  Home improvement centers and warehouse clubs





($1,635; 3.7%)



Lighting fixtures
  Lamp and lighting stores ($1,505; 3.3%)



  Discount stores/off-price retailers ($415; 3.6%)



(7%)



  Home accent/gift stores ($172; 1.7%)








Interior designers ($153; 1.3%)




Direct-to-consumer channel ($130; 3.8%)




Lifestyle stores ($975; 1%)



Tabletop and
Home accent/gift stores (820; 1.8%)



tabletop accessories
Discount stores/off-price retailers ($775; 1.9%)



(7%)
Department stores ($630; 1%)




Direct-to-consumer channel ($615; 2.4%)



Collectibles (6%)
  Home accent/gift stores ($1,790; down 2.2%)



Direct-to-consumer channel ($1,300; 3.8%)




  Discount stores/off-price retailers ($515; 1%)




  Discount stores/off-price retailers ($980; 3.1%)



Soft goods (5%)
  Home accent/gift stores ($630; 2.4%)



Lifestyle stores ($555; 3.6%)




Direct-to-consumer channel ($415; 3.6%)




  Department stores ($335; 1.5%)




Craft/fabric stores/chain ($855; 1.1%)



Permanent
  Home accent/gift stores ($450; 1.1%)



  Discount stores/off-price retailers ($295; 1.7%)



botanicals (4%)



Direct-to-consumer channel ($203; 1.5%)








Lifestyle stores ($140; 0.7%)










Export of handicraft from Bangladesh:
                                                                  Though Bangladesh is exporting handicraft in huge amount, still it is not satisfactory considering the export of neighboring countries. Export schedule of Bangladeshi handicraft is following:
Handicraft Export of different fiscal year

Fiscal Year (FY)
Export In Million US$
2002-2003
5.90
2003-2004
4.21
2004-2005
5.12
2005-2006
4.30
2006-2007
8.16
2007-2008
5.49
2008-2009
6.44
2009-2010
7.41
This is a list of Handicrafts, excluding textile handicraft goods.

Some suggestions to overcome the problems-
In accordance of the discussion with the craft-peoples, some craft-exporters and BANGLACRAFT the following suggestions has made to make a way for the development of Handicraft’s business in Bangladesh- 
1.      Setting up of design development center is urgently needed for producing new product and product diversification. Crafts men to be trained for better performance, innovation and technology to be provided for overall development of the sector in a design development institute.
2.      Set up handicraft industrial park/ handicraft village/clusters of producers linked with lead exporters to ensure sustainability
3.      Enhance capacity of the exporters for getting market information.
4.      Develop fund for identifying new markets and new products.
5.      Access to finance be made easy.
6.      Facilitate exporter participation in trade fairs, designing catalogues and preparing for exhibition.    
7.      Continued and focused attention has to be given to handicrafts for up-gradation of skill, creation of better work environment and development of cluster for specific crafts with common service and improvement of infrastructures and market development.
8.      Quality raw materials to be ensured for product diversification.
9.      Branding Bangladesh is very essential at this moment because some of the buyers sell our quality products in their brand which is preventing our market growth.
In our country the handicrafts are mainly regulated by non-technical persons who possess very little technical knowledge and there is no involvement of textile engineers. The workers are mainly un-skilled women and children. We can develop this sector as a wide earning sector to contribute to our national economy by involving Textile Experts in this sector and by developing manpower skill. Finally it should be helpful to introduce our tradition or culture to the globe.

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