Pottery Ceramics Market: A Strategic Analysis of the Competitive Edge within the Industry
The global pottery ceramics market size is expected to reach USD 15.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 3.8% from 2022 to 2030. Increasing investment in the construction of luxury housing units is expected to propel the consumption of pottery ceramic products over the forecast period.
Art ware products such as sculptures, vases, and pots are widely used by real estate developers to improve the aesthetics of the property. Thus, the development of new luxury residential units is expected to augment the demand for the product in the said forecast period. For instance, in July 2022, Jubail Island Investment Company (JIIC) announced the construction of 135 acres of the Ain Al Maha village residential project in UAE. The 240-villa waterfront community is anticipated to be completed by 2025.
The ongoing Russia-Ukraine conflict has emerged as a challenge for the growth of the pottery ceramics industry as it has severely impacted the functioning of various industries globally. The conflict has affected trade and manufacturing, which has led to high volatility in commodity prices, thereby impacting the prices, demand, and supply of raw materials such as clay and gas.
For instance, in Bangladesh, clay from Ukraine was at least 10% lower than the clay supplied by other countries in terms of cost. However, considering the restraints during the Russia-Ukraine conflict, Bangladesh is importing clay from Malaysia and various European countries at high costs, which has augmented the production cost in the country.
Based on region, Middle East & Africa is anticipated to register the fastest CAGR of 4.9% in terms of revenue during the forecast period. The region is heavily investing in the construction of new luxury resorts and hotels, which is expected to augment the consumption of pottery ceramics products. For instance, in December 2021, Marriott International, Inc. announced that they are going to open two luxury hotels in Saudi Arabia in 2022.
Market participants continue to develop their products to stay ahead of their competition. For instance, in January 2022, Wienerberger, a provider of ceramic roof tiles, partnered with Exasun, a producer of innovative in-roof solar solutions, to manufacture high-performance X-Roof solar panels and X-Tiles to help in accelerating the energy transition process taking place in Europe and to expand their customer base in the region.
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Pottery Ceramics Market Report Highlights
Rising gas prices around the world are negatively impacting pottery ceramics manufacturers. For instance, energy costs in Europe rose by GBP 400,000 (~USD 459,000) from February 2021 to February 2022
Based on product, the tableware segment held the largest revenue share of more than 73% in 2021. The growth of the segment can be attributed to the growing use of ceramic crockery in households and restaurants because of its aesthetic appeal
Based on region, in 2021, Asia Pacific was the leading regional segment with a revenue share of over 40%. The growth of the region is anticipated to be driven by the increasing investments in the development and renovations of hotels
The increasing penetration of the e-commerce industry is expected to positively impact market growth as e-commerce platforms help manufacturers sell their products anywhere across the world at the best price
Gain deeper insights on the market and receive your free copy with TOC now @: https://www.grandviewresearch.com/industry-analysis/pottery-ceramics-market-report/request/rs43
Grand View Research has segmented the global pottery ceramics market based on product and region:
this magnet was made during my ‘oh fuck I have a show coming up and no small/cheaper shit to sell’ period, when I made 33 bottle magnets in about three days lol. it was madness. I keep meaning to do that again but ugh it takes so much energy
tip to anyone who wants to sell art at markets and craft shows: always have small $5-$20 items available. these can make the difference between a bad show and a decent one (or more hopefully a decent show and a good one). lots of people like to support artists but not everyone wants/can afford to buy like, a print, or a plate.
magnets and pins and patches, you guys. I can’t tell you how many times I’ve gotten pins at a market. also I tend to remember the booth/artist later if I got something from them.
I’ve also had a few people at shows buy a magnet (and get my business card with it) and contact me later to buy a plate. sometimes it’s just hard to carry around a piece of art that might get damaged when you’re at a show!
I substituted for the pitcher workshop tonight and afterwards got called on my anxious comments by my colleague I hadn’t realized I was doing bc i hadn’t taught that form yet lol. I did bring a hand built pitcher I made in 2016 as an extra example and it was cool to see the difference between now and then!
*EDIT: The sale is over! THANK YOU SO MUCH to everyone who came and showed support!! You guys made it a fabulous time. 💖🤩
I’ll be in an Art Market tomorrow!!
Mother’s Day is coming up! Drop by our Art Market this Sunday to pick out a handmade gift for your special person.💖 (And who knows, maybe treat yourself while you’re at it! 🤗)
did my first ever art market / craft fair!! extremely stressful experience but i am glad to have done it at least once 😊 was chillier than expected so foot traffic was slow and i consumed a crazy amount of hot tea to stay warm 🥶
sales were ok but i am choosing to think of it more as a show & tell! super cool to meet lots of people and get to chat about prehistoric creatures and the ocean