The Pottery Ceramics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Pottery Ceramics Global Market Report 2024, 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.
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.
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The pottery ceramics market covered in this report is segmented –
1) By Product: Tableware, Art Ware, Other Products
3) By Application: Residential, Commercial
4) By End-Use: Building And Construction, Industrial, Medical, Other End-Uses
Major companies operating in the pottery and ceramics market are focused on adopting strategic partnerships to gain a competitive edge in the market. Strategic partnerships refers to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in August 2021, Fortify, a US-based digital composite manufacturing company, partnered with Tethon 3D, a US-based ceramic 3D printing company. With this partnership, Fortify aims to develop technical ceramics for 3D printing and to advance the adoption of ceramics in a variety of additive manufacturing applications. This partnership also represents a strategic move to address the growing demand for technical ceramics and to overcome historical manufacturing challenges through the capabilities of 3D printing.
The pottery ceramics market report table of contents includes:
1. Executive Summary
2.Pottery Ceramics Market Characteristics
3.Pottery Ceramics Market Trends And Strategies
4.Pottery Ceramics Market analysis
5.Pottery Ceramics Market Size And Growth
6.Pottery Ceramics Segmentation
7.Pottery Ceramics Regional And Country Analysis
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27. Pottery Ceramics Competitive Landscape And Company Profiles
28. Pottery Ceramics Key Mergers And Acquisitions
29. Pottery Ceramics Outlook and Potential Analysis
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