Market Trends of United States Ceramics Tableware Industry
This section covers the major market trends shaping the US Ceramics Tableware Market according to our research experts:
Increase in Product Development Activities Create Lucrative Prospects in Ceramic Tableware Market
The ceramic dinnerware segment includes plates, bowls, mugs, saucers, and cups. Ceramic tableware products are witnessing an increasing demand in this category in the US market, due to their aesthetic appeal and attractive features, such as more extended durability. Owing to the unique designs of handmade crockeries, several businesses across the US are inclining toward the use of such products in place of mass-produced dinnerware.
The suppliers of ceramic tableware products in the country are witnessing increased sales of casually styled ceramic dinnerware products such as ceramic dinner sets rather than expensive formal styles made from porcelain and bone china.
Lenox, Noritake, Wedgwood, Royal Doulton, and Mikasa dominate the ceramic dinnerware market in the United States. The players are coming up with innovations in dinnerware products in terms of design, such as bringing natural handcrafted looks. Furthermore, major manufacturers are increasing their R&D activities to develop more durable, unique, and sustainable ceramic tableware. These factors are expanding the horizon of the ceramic tableware market
Increased Spending on Home and Kitchen Renovation Projects is Driving the Market
The increase in home renovation and kitchen renovation projects is expected to be one of the significant driving trends in the US market for ceramic tableware. The United States has one of the highest home renovation projects in the world. In addition, the average spending on dining renovation is also increasing.
The trend in home renovation is anticipated to continue to grow during the forecast period. Furthermore, a considerable amount of revenue from home and dining renovation projects is expected to flow into ceramic tableware products, which may boost market growth.
Apart from the increasing home renovation and modular kitchen projects, the strong distribution network between manufacturers and retailers, coupled with the rapid increase of online retail sales, are some other factors that may fuel the market growth further during the forecast period.
