Global Porcelain Tableware Market Size, Trends and Growth opportunity, By Product Type (plates, bowls, drink ware, and others), By Distribution Channel (supermarkets & hypermarkets, specialty stores, online retail, and others), By region and forecast till

Global Porcelain Tableware Market Size, Trends and Growth opportunity, By Product Type (plates, bowls, drink ware, and others), By Distribution Channel (supermarkets & hypermarkets, specialty stores, online retail, and others), By region and forecast till 2027.

Global Porcelain Tableware Market

The global porcelain tableware market was valued at US$22.1Billion in 2021 and it is expected to reach at US$36.22 Billion in 2027 at a CAGR of 6.5% during forecast period 2022-2027.

The fine particle clay used to create porcelain tableware is fired at a higher temperature and often contains feldspar, kaolin, and quartz. The tableware is hence very strong and non-porous. Because porcelain tableware is inexpensive and in high demand, it is perfect for use in both the home and the business. Additionally sterile in nature is porcelain tableware. Due to the fact that they do not react with acids or chemicals, they are more durable.

Market Drivers

In many countries, the hospitality industry is expanding rapidly, and related industries like leisure, business, and tourism are also expanding, increasing demand for porcelain tableware. The market is expanding as a result of the growing trend of employing novel and distinctive cutlery at special events, parties, celebrations, etc. Manufacturers are introducing cutting-edge goods with appealing designs to draw potential clients from various places.

Market Restraints

Larger porcelain pots and pans may be too heavy to use frequently. However, many professional chefs prefer to use thicker, heavier cookware because it cooks more evenly because thinner, lighter pieces often wrap. Porcelain cookware conducts heat less efficiently than aluminium and cast iron does. The chosen temperature will take longer to reach, increasing the amount of time needed to cook them. The fragility and breakability of porcelain coating combined with the high cost of porcelain tableware may serve as a restraint in this market.

Market Segmentation

The global porcelain tableware market segmented into product type and distribution channel. On the basis of product type it segmented into plates, bowls, drink ware, and others. On the basis of distribution channel it segmented into supermarkets & hypermarkets, specialty stores, online retail, and others.

Regional Analysis

The global porcelain tableware market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Due to the existence of several producers and robust distribution networks in nations like China and India, the Asia Pacific region is expected to dominate the worldwide porcelain tableware market during the forecast period.

Key Players

Various key players are listed in this report such as Bernardaud, Villeroy & Boch, Noritake, Guangdong Songfa Ceramics, Degrenne, Fiskars Group, ROSENTHAL GMBH, Staatliche, Tognana Porcelain, and WMF.

Market Taxonomy

By Product Type

Plates

Bowls

Drink Ware

Others

By Distribution Channel

Supermarkets & Hypermarkets

Specialty Stores

Online Retail

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Key Question Addressed by the Report

What are the Key Opportunities in Global Porcelain Tableware Market?

What will be the growth rate from 2022 to 2027.

Which segment/region will have highest growth?

What are the factors that will impact/drive the Market?

What is the role of key players in the value chain?

What is the competitive Landscape in the industry?