RIYADH: The handicrafts sector in Saudi Arabia is experiencing significant growth, evolving from a hobby and a means of preserving heritage into a vital economic sector that fosters entrepreneurship.

This transformation is driven by a clear institutional vision, particularly the enhanced role of the Heritage Commission, according to the Saudi Press Agency.

Official data indicates the handicrafts market in the Kingdom is valued at about $405 million, with local products representing just 20 percent.

These figures highlight substantial opportunities for artisans and entrepreneurs, and the need for competitive Saudi handicraft projects capable of innovation and high-quality craftsmanship, the SPA reported.

This shift is prominently showcased at the Saudi International Handicrafts Week, known as Banan, a key platform for Saudi and global handicraft innovation.