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Pottery Ceramics Market Trends, Size & Growth Opportunities 2024-2033
Pottery Ceramics Market Trends
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According to The Business Research Company's, The pottery ceramics market size has grown steadily in recent years. It will grow from $11.09 billion in 2023 to $11.58 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to cultural and artistic traditions, functional and decorative use, craftsmanship and artisanal skills, culinary trends, collectibles and home décor trends.
The pottery ceramics market size is expected to see steady growth in the next few years. It will grow to $13.89 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to sustainable and handmade movement, online retail and e-commerce growth, artisanal revival, cultural exchanges and global influences, customization and personalization. Major trends in the forecast period include collaborations with contemporary artists and designers, focus on functional and decorative hybrid pieces, use of vibrant and unique glaze combinations, emphasis on cultural and heritage influences, online platforms for sales and artistic expression.
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Market Drivers and Trends:
The increasing investment in the infrastructure is expected to propel the growth of the pottery ceramics market going forward. Infrastructure refers to the essential architecture and systems that support a nation, city, or region, such as power plants, institutions, and communication and transportation networks. Ceramic products are used in the interiors of buildings to enhance their aesthetic appeal. Also, in the construction sector, ceramics can endure high temperatures, provide effective thermal insulation, and do not undergo significant thermal expansion. Hence, the increase in infrastructure development will drive the demand for pottery ceramics. For instance, according to USAFacts, a US-based non-profit impartial organization and website that offers information and statistics about the population of the United States, the federal government of USA spent $36.6 billion directly on infrastructure. Also, state and local governments invested $211.8 billion in infrastructure and transportation exclusive of contributions from the federal government. It accounted for 57% of all government infrastructure and transportation spending. Therefore, increasing investment in the infrastructure is driving the growth of the pottery ceramics market.
Major companies operating in the pottery ceramics market are focused on introducing advanced solutions with technology, such as ceramic series, to gain a competitive edge in the market. The ceramic series is the series that contains different sizes, colors, finishes, and designs of ceramic tiles for various applications, such as bathroom walls, kitchen backsplashes, and decorative walls. For instance, in July 2023, Somany Ceramics Limited, an India-based manufacturer of tiles, launched luxury tiles. Luxury tiles are high-end tiles that are designed to provide a premium look and feel to interior spaces. Luxury tiles contain the Glosstra Plus, Vistoso, and Marvela series in various sizes and finishes. Luxury tiles are designed to cater to the evolving needs and preferences of consumers, reflecting a strategic move to enhance the brand's presence.
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Major Key Players of the Market:
CCGNZ Group Limited, Noritake Co Limited, Villeroy & Boch AG, FAÏENCERIE DE GIEN, Royal Doulton Tableware Limited, Denby Pottery Co Ltd., Rosenthal GmbH, Portmeirion Group, Churchill China plc, Josiah Wedgwood and Sons Limited, Bernardaud S.A., Emma Bridgewater Ltd., Moorcroft, Laguna Clay Company, Dudson Group, Heath Ceramics, East Fork Pottery LLC, American Art Clay Company Inc., Emerson Creek Pottery Inc., Sheffield Pottery Inc., Poole Pottery, Bhoomi Pottery, Clay-King, SaJo Ceramics, Robert Gordon Australia, American Mug and Stein Company, Earthborn Studios Inc., Georgetown Pottery, Bluematchbox Potters Supplies Ltd., Johnson Brothers (Hanley) Ltd., Franciscan Ceramics-Wedgwood Waterford Royal Doulton
Pottery Ceramics Market 2024 Key Insights:
• The pottery ceramics market size is expected to see steady growth in the next few years. It will grow to $13.89 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%.
• Pottery Ceramics Market Thrives On Soaring Investments In Infrastructure Development
• Pottery Ceramics Giants Redefine Interior Spaces With Tech-Infused Ceramic Series
• Asia-Pacific was the largest region in the pottery ceramics market in 2023
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