The industry of handmade furniture and wooden products is a very large market and its value is in the billions of dollars. One of the key factors in furniture marketing is unique design and high quality. To enter foreign markets, your products must meet valid quality standards. Researching and analyzing different markets can help you identify target markets, which includes researching and analyzing factors such as market size, industry growth, competitors, demand and supply, customer preferences, pricing, and economics in different countries. Handicrafts and traditional crafts are forms of artistic and skilled craftsmanship that involve the creation of objects or decorative items using traditional methods and techniques. Traditional industries and handicrafts still play an important role in the economy of all Asian countries. The West Asian region has always been one of the important centers of handicrafts in the world with 14 countries, and it is one of the original and oldest industries in the Middle East. Islamic lands, despite the diversity in customs and culture, each has formed a unique artistic heritage, which is collectively known as Islamic art. Madagascar's economy is largely based on agriculture, mining, fishing, and forestry. The country is one of the world's largest producers of vanilla, cloves, and ylang-ylang. Madagascar also exports significant quantities of coffee, cocoa, sugar, and textiles. Despite its rich natural resources, the country struggles with poverty and underdevelopment, relying on foreign aid and international investment to stimulate growth. The financial system in Madagascar is still underdeveloped. While there are several banks and microfinance institutions operating in the country, access to financial services, especially in rural areas, remains limited.
