PUBLISHER: Polaris Market Research | PRODUCT CODE: 1298068
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1298068
The global pottery ceramics market size is expected to reach USD 15.83 billion by 2032, according to a new study by Polaris Market Research. The report "Pottery Ceramics Market Share, Size, Trends, Industry Analysis Report, By Product (Tableware, Art Ware, and Others); By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rapidly growing urbanization and industrialization mainly in emerging economies like China, Brazil, Indonesia, and India, results in high growth in the building & construction industry, and continuously rising consumer prevalence and for decorating their homes and apartments with designer pottery ceramic products are primary factors expected to fuel the market growth.
Ceramics with a wide range of applications in the construction side and manufacturing and production of pottery products with innovative developed technologies for manufacturing ceramics materials along with this, the introduction of more attractive products by manufacturers is influencing the demand and growth of the market.
For instance, in July 2022, Jones & Co, introduced its latest solarize collection, with five different ranges including florist bounty, Rosine, bellini, evil eye, and tourist dreams which are designed and handmade in the Philippines. The new collection is plentiful in color, pattern, creativity, and texture with wheel-thrown pottery ceramics.
In recent past years, creating earthy and organic pieces of artwork is among the most emerging trends in the industry, as these types of products provide stemmed form nature feel and aesthetic appeal to the environment. Moreover, a newfound interest in pottery ceramics especially in Asian Countries has encouraged artists to look into the past for inspiration and create a mix of the modern and primitive and have intricate, handmade markings that would refer to the pottery ceramics' ancient roots, thereby creating lucrative opportunities for the market.
Furthermore, with the growing popularity of sustainable designs from both home decor shoppers and commercial businesses, that could often be special enough to pass from one generation to another or taken to the thrift stores, the demand for ceramics as a more sustainable option as opposed to the plastics or other types of single-use products available in the market, is gaining significant traction and likely to contribute positively towards the market.
Tableware segment accounted for largest market share in 2022, which is mainly driven by increased consumer awareness towards its several advantageous characteristics such as odor free and non-porous
Industrial segment is anticipated to grow at a high CAGR over the projected period, on account widespread adoption of ceramic products across numerous industrial sectors due to their hardness and better thermal conductivity
Asia Pacific region dominated the global market in 2022, which is highly attributable to the increasing number of new construction activities and renovation of existing homes and apartments in countries like India and China
The global key market players include: American Art Clay, Dick Blick Holdings, Laguna Clay Company, McDanel Advanced Ceramic Technologies, and Saho Ceramics
Polaris Market Research has segmented the pottery ceramics market report based on product, end-use, and region: