Earthenware Market to Show Vast Growth Opportunities as Revenue Surpasses $2.36 Billion by 2028 Owing to Inceasing Home Decoration and Changing Lifestyles | Million Insights

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According to new report available with Million Insights, the global earthenware industry research report offers thorough insights on product, application, growth drivers & COVID-19 impact. It also offers ready, data-driven answers to several industry-level questions.

The global earthenware market size is expected to reach USD 2.36 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 3.9% from 2021 to 2028. The rising spending on earthenware products is contributing to the market growth. Moreover, increasing disposable income of the people, growing home decoration, and changing lifestyles are driving the demand for the product over the last few years.

The manufacturers are offering a wide range of products, such as cookware, tableware, and home decoration products. Although these products are gaining popularity and are highly valued for their dazzling looks, the availability of alternatives made from polymers may hamper the market growth. The lockdown announced during the COVID-19 pandemic had disturbed transportation and suspended the supply of raw materials for a short duration, thus promoting the use of earthenware post-COVID pandemic. Thus, the market is expected to witness healthy growth in the upcoming years.

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The black pottery segment held the largest share of over 70.0% in 2020. The increasing popularity of black pottery due to the growing trend of home decoration across the globe is the major driving force of this segment.

The flower pot segment held the largest share of above 51.0% in 2020 due to its increasing demand. The increasing interest of people in household plants is a major driver for this segment.

Asia Pacific dominated the market with a revenue share of more than 40.0% in 2020. Countries like China, India, Malaysia, and the Philippines are the major manufacturers as well as major consumers of earthenware products due to the rapidly growing population, increasing disposable income of the people, and continuously changing lifestyles. These factors are contributing to the growth of the market in this region. North America is expected to register the fastest CAGR of 4.7% from 2021 to 2028 owing to the growing trend of earthenware in this region.

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Earthenware Market Report Highlights

• North America is expected to register the fastest CAGR of 4.7% from 2021 to 2028 owing to the rising demand in countries, like the U.S. and Mexico.

• Based on application, the flower pot segment held the largest share of over 51.0% in 2020 due to its increasing demand in various countries.

• Asia Pacific dominated by accounting for over 40.0% share in 2020 due to the rapidly growing population and disposable income of the people.

• By product type, black pottery held the largest share of more than 70.0% in 2020 due to the increasing popularity of black pottery.

Earthenware Market Segmentation

Million Insights has segmented the global earthenware market on the basis of product type, application, and region:

Earthenware Product Type Outlook (Revenue, USD Million, 2017 – 2028)
Black Pottery
Red Pottery
Others

Earthenware Application Outlook (Revenue, USD Million, 2017 – 2028)
Flower Pot
Teapot
Decorations
Others

Earthenware Regional Outlook (Revenue, USD Million, 2017 – 2028)
North America
U.S.

Europe
Germany
U.K.
France

Asia Pacific
China
Japan

Central & South America
Brazil

Middle East & Africa
South Africa 

List of Key Players of Earthenware Market

ELHO
liangzi black pottery
Poterie Lorraine
Yorkshire
Yixing Wankun
Titisinaran
Shanxi xianglong black pottery handicraft co., Ltd.
Hongshan Flowerpot
Qihe Longshan black pottery Technology Co., Ltd.
Linyi Lijun
Pottery MFG

 

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