Consumer & Retail

According to a market report by Lucintel, the future of the porcelain/stoneware drinkware market looks promising with opportunities in the personal use and commercial end use industries. The global porcelain/stoneware drinkware market is expected to reach an estimated $0.66 billion by 2028 with a CAGR of 2.5% from 2023 to 2028. The major drivers for this market are increasing usage in the hospitality because porcelain/stoneware drinkware are durable, attractive, and resistant to chipping or cracking.



In this market, coffee mugs, tea cups, and cups are the major product type segments. Lucintel forecasts that coffee mugs will remain the largest product type segment over the forecast period owing to the excellent heat retention properties of porcelain/stoneware, making it an ideal material for coffee mugs.



Within this market, personal use is expected to remain the largest end use segment due to increasing inclination towards personalized or customized drinkware.



APAC will remain the largest region due to growing population, increasing disposal income, and growth in the hospitality industry.

AnHui DeLi Glassware, Libbey, Pasabache, Bormioli Rocco, and The Oneida Group are the major suppliers in the global porcelain/stoneware drinkware market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global porcelain/stoneware drinkware market by product type, end use, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Porcelain/Stoneware Drinkware Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global porcelain/stoneware drinkware market by product type, end use, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the global porcelain/stoneware drinkware market by product type (coffee mugs, tea cups, cups, and others), end use  (personal use and commercial use), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?  

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?