The ceramic tableware market will register a CAGR of more than 5% by 2023

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Jan 22, 2019, 20:03 ET

NEW YORK, Jan. 22, 2019 /PRNewswire/ -- About this market
Increasing home renovation and modular kitchen projects to drive growth in the market. This trend is expected to spread across other regions amid increasing disposable income and rapid urbanization. Technavio's analysts have predicted that the ceramic tableware market will register a CAGR of more than 5% by 2023.

Read the full report: https://www.reportlinker.com/p05724820

Market Overview
Rapid growth of online retail sales
Sales of ceramic tableware through the online channel is growing rapidly with the high penetration of smartphones and the internet globally.
Limitations of ceramic tableware
Market growth can be challenged by the disadvantages of ceramic tableware such as low durability and the presence of lead in ceramic tableware.
For the detailed list of factors that will drive and challenge the growth of the ceramic tableware market during the 2019-2023, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Fiskars and Groupe SEB the competitive environment is quite intense. Factors such as the rising home renovation and modular kitchen projects and the rapid growth of online retail sales, will provide considerable growth opportunities to ceramic tableware manufactures. Fiskars, Groupe SEB, Libbey, RAK Ceramics, and Villeroy & Boch are some of the major companies covered in this report.

Read the full report: https://www.reportlinker.com/p05724820

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