Growth in the North American handicrafts market throughout 2018 was attributed to rising travel and tourism in the area. International visitors are said to be willing to invest significant amounts of money in locally manufactured craft items.
A Harvard Business Review article reported that America's middle market consumers (those earning $50,000 and above in annual income) were becoming increasingly likely to trade in high-quality goods possessing 'artisanal touches', and were often willing to pay premiums of 20% to 200% for these kinds of products.
High-end artisanal goods' definition — Artisan products cover a wide range of different categories, including fashion, clothing, meat, cheese and other foods, alcoholic beverages, jewellery, household items, furniture and many more. As such, throughout the initial research it was difficult to find information that covered the broader definition of 'high-end artisanal goods'. One suggestion would be to focus on a particular industry (or industries) such as artisan jewellery, or furniture etc. which would help make the research more targeted, specific and accurate.