The global heat-resistant ceramic tableware market topped US$ 25.32 billion in 2022, according to the analysis, and is expected to increase at a 5.83% CAGR over the forecast period. Despite a modest drop due to the covid-19 epidemic, demand for heat-resistant ceramic tableware is predicted to expand steadily during the forecast period (2022– 2030), according to a new report done by Future Market Insights (FMI).
Even as customers seek alternatives to plastic tableware, improvements in raw materials and attempts by manufacturers to differentiate products through aesthetic features are likely to be major elements driving the industry.
In comparison to other premium-priced tableware materials, the market for heat-resistant ceramic dinnerware has profited from characteristics such as chemical resistance and simplicity of cleaning.
Heat-resistance treatments for ceramic products have also increased adoption rates due to their longer lifespan and broader range of uses. Low-cost production has helped the sector gain traction in developing nations in Asia and the Middle East and Africa.
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Despite the fact that premium heat-resistant ceramic tableware has superior physical and chemical properties, economy and mid-range goods are more widely used due to significant price variations.
Furthermore, these changes have created a major boost in opportunity and market potential, with demand for handcrafted, artisanal end products providing new avenues for producers to explore.
The FMI study provides readers with a comprehensive analysis of the market, including major market dynamics.
Key Takeaways
- Heat-resistant ceramic plates are expected to reflect higher demand on the back of growing casual dinnerware applications.
- Convenience stores remain a leading channel of distribution, aided by strong and sophisticated supply chains
- Commercial applications hold the lead over residential use, owing to importance of aesthetics in tableware for the food service industry.
- Europe is a leading market for heat-resistant ceramic tableware owing to widespread interest in home cooking practices accounting for more than 20% of global market share till 2030.
- South Asia is reflecting relatively faster growth on the back higher standards of living and demand from the HoReCa sector.
Covid-19 Impact on Heat-Resistant Ceramic Tableware Market
The rapid spread of the coronavirus pandemic has resulted in a short-term slump in demand for heat-resistant ceramic tableware. This drop in sales can be attributed to the lockdown restrictions on the operations of the food service industry, and trade restrictions on supply chains for essential raw materials.
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Furthermore, the market is also adversely affected by changes in consumer spending patterns, with a focus on essential commodities, which has hurt sales of heat-resistant ceramic tableware, even in residential settings.
On the other hand, online channels of sales have gone up with consumers seeking ecommerce options for wider product options, discounts, and home delivery, which will aid manufacturers to minimize losses during the crisis period. Recovery is likely to be gradual towards 2021, owing to uncertainties over the duration of the pandemic.
Who is Winning?
Some of the leading market players studied in the heat-resistant ceramic tableware market report include but are not limited to Villeroy & Boch AG, Kahlla Porzellan, Chuchill China Plc, Roesnthal GmbH, Seltmann Weiden Group, Meissen GmbH, Fiskars Group, WMF Group, The Oneida Group, Noritake Company Ltd., Narumi Corporation, Homer Laughlin China Company, and Lenox Corporation.
Major brands are largely focused on research and development and product launch strategies in a fairly competitive market to consolidate market presence in the global market. Partnerships with renowned designers are also gaining popularity. Also, mergers and acquisitions have gained importance in the industry, in addition to competitive pricing strategies in the emerging markets.
For instance, The Moon Jar – designer tableware manufacturer has unveiled South Korean, heat-resistant ceramic tableware collections in partnership with leading designers Kim Seok Binn for consumers in Singapore.
Revol has announced the release of its eco-friendly heat-resistant ceramic tableware for eco-based hospitality businesses, which is manufactured from recycled ceramic materials. Also, Oggetto has unveiled its latest addition of heat-resistant ceramic tableware manufactured with a hand turned process to enable unique aesthetics for every piece in these dinnerware sets.
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Global Heat-resistant Ceramic Tableware Market by Category
By Product Type, Global Heat-resistant Ceramic Tableware Market is segmented as:
- Heat-resistant Ceramic Plates
- Heat-resistant Ceramic Bowls
- Heat-resistant Mugs and Jars
- Other Heat-resistant Ceramic Tableware Products
By Price Range, Global Heat-resistant Ceramic Tableware Market is segmented as:
- Economy & Mid-Range
- Premium Range
By End-Use, Global Heat-resistant Ceramic Tableware Market is segmented as:
- Commercial
- Residential
By Sales Channel, Global Heat-resistant Ceramic Tableware Market is segmented as:
- Hypermarkets/Supermarkets
- Specialty Stores
- Multi-brand Stores
- Convenience Stores
- Online Retailers
- Wholesalers & Distributors
- Other Sales Channel
By Region, Global Heat-resistant Ceramic Tableware Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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