Research Support Specialist, USA
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. The development of attractive earthenware products by the manufacturers is further driving the industry demand. 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.
Earthenware consists of different varieties of pottery articles. These are made from different types of clay. Earthenware has been used for many years for various purposes such as flower pots, tableware, and decorative pieces. The common materials used for the formulation of earthenware are quartz, various types of clays, such as pink clay, china clay, and kaolin clay, and feldspar. It is also considered low-fired pottery. Earthenware articles are opaque and not transparent.
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.
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.
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.
The report “Earthenware Market Size, Share & Trends Analysis Report By Product Type (Black Pottery, Red Pottery), By Application (Flower Pot, Teapot, Decorations), By Region, And Segment Forecasts, 2021 - 2028” is available now to Million Insights.
Million Insights has segmented the global earthenware market on the basis of product type, application, and region:
List of Key Players of Earthenware Market