PUBLISHER: QYResearch | PRODUCT CODE: 1141993
PUBLISHER: QYResearch | PRODUCT CODE: 1141993
Due to the COVID-19 pandemic and Russia-Ukraine war, the global Ceramic Tableware and Kitchenware market size is estimated to be worth US$ 42.2 billion in 2022 and is forecast to a readjusted size of US$ 47.5 billion by 2028 with a CAGR of 1.99% during the forecast period 2022-2028.
2022 was marked not merely by the ongoing impact of the COVID-19 pandemic, but also by an environment of great geopolitical uncertainty, with the war between Russia and Ukraine. This exacerbated escalating prices in energy (mainly the cost of natural gas), fuel and raw materials. The price of energy, especially the price of natural gas is booming, will have seriously affect the global Ceramic Tableware and Kitchenware market.
North America Ceramic Tableware and Kitchenware market size was US$ 3.6 billion in 2021, while Europe was US$ 12.4 billion. The proportion of the North America was 9.79% in 2021, while Europe's percentage was 33.4%, and it is predicted that Europe market share will reach 34.1% in 2028, trailing a CAGR of 1.67 % through the analysis period. As for the Asia, the notable markets are China, Japan and South Asia, CAGR are 2.6%, 1.1% and 3.1 % respectively for the next 6-year period.
In Asia-Pacific, China is the largest producer, exporter, and consumer, but most of Asian manufacturers are supplying the low-end products, low price, and fierce competition. Japanese and other European brands are dominating the high-end market. India, Indonesia, and Thailand also are important producers and consumers, but most of players are small- and medium-sized manufacturers and supplying the low-and-medium-grade products.
In Europe, Germany, UK, France, Italy, Portugal, Poland, Netherlands, and Rumania are major producers, exporters and consumers, the European brands are dominating the global high-end market, like Villeroy & Boch, Rosenthal GmbH (brands like Rosenthal, Thomas, Hutschenreuther), Meissen, Fiskars Group (brands include Royal Copenhagen, Wedgwood, Royal Doulton, Arabia, Royal Albert and Rörstrand etc.) and Portmeirion Group, etc. In future, these brands will still dominate the high-end markets, due to their long brands history, rich cultural background and exquisite craft.
The research report includes specific segments by region (country), by company, by Type and by Customer. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
The research report includes specific segments by region (country), by manufacturers, by Type and by Customer. Each type provides information about the production during the forecast period of 2017 to 2028. by Customer segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.