Market Size of Ceramic Tableware Industry
Study Period | 2020 - 2029 |
Market Size (2024) | USD 58.29 Billion |
Market Size (2029) | USD 78.80 Billion |
CAGR (2024 - 2029) | 6.21 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Ceramic Tableware Market Analysis
The Ceramic Tableware Market size is estimated at USD 58.29 billion in 2024, and is expected to reach USD 78.80 billion by 2029, growing at a CAGR of 6.21% during the forecast period (2024-2029).
The ceramic tableware market is projected to witness strong growth in the anticipated period. Some of the major factors driving the growth of the ceramic tableware market include an increasing number of home renovation projects, a rising number of household units, and an increase in the installation of modular kitchens. The food and beverage and home décor industries are also witnessing rapid growth which is expected to further propel the demand for ceramic tableware products in the anticipated period.
Globally, there is a steady rise in e-commerce that has created lucrative opportunities for producers and suppliers in the ceramic tableware industry to sell their products through online platforms. In order to cater to a wide range of customers across the globe, producers and suppliers of ceramic tableware are focusing on selling their products on various e-commerce portals.
In North American countries, there is also an increasing trend of living in rental houses which makes consumers change their houses often and, thus consumers prefer to have new tableware products in their new houses. This is eventually propelling the market demand for ceramic tableware products.