Home / Knowledge / News / Textiles / Handicraft sector finally in focus
Handicraft sector finally in focus
15
Jan '08
Peruvian handicrafts export has contributed immensely to the country's economic growth. By the end of 2007, the total export of these goods figured some where near US $142 million. As a result, this particular sector has become a lucrative enterprise for people who wish to benefit from foreign trade.

In other countries like China and India, handicraft had always played an important role in earning foreign revenues. When given an opportunity to participate in international exhibitions and events, these countries make the most of it. Of late, Peru has also taken the initiative to participate in a number of trade fair to give a thrust to its budding handicraft sector.

While India and China take up nearly 60-80 stands in these foreign trade shows, Peru manages to occupy about 20. However, each of these space costs nearly $10,000 and Peru would really need to keep pace with its rivals to win the stiff race of competition.

The US is one of the largest markets for Peruvian handicrafts as well as for products of other countries. It therefore becomes imperative to participate in trade fairs since it allows buyers, retailers and distributors to come in contact for mutual trade purposes.

Peruvian craftsmen need to realize that in order to tap the US market, need of the hour is to produce goods with a blend of beauty and tradition along with an instantly catchy functional aspect of the product.


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search