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(Transportation-News.com, August 03, 2024 ) The global housewares market is experiencing significant growth due to changing lifestyles and rising incomes. Innovative players have entered the market, boosting its expansion. High recommendations for various houseware products and the expansion of urban spaces have increased demand. Consumers often replace old housewares with new ones to update their kitchens, and endorsements by celebrity women further boost market growth. But, cheap quality products negatively impact prices and could hinder market growth.
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Rising gifting trends provide new opportunities, with housewares being popular gifts for occasions like weddings and housewarmings. Casual styles and innovative designs also open opportunities for manufacturers. Single-serve products are popular in retail, and online sales are increasing. Additionally, value packs are favored for celebrations and festivals.
Housewares (Tabletopware) Market Segmentation:
By Product Type
Dinnerware
Flatware
Glassware
Crystalware
By Material
Porcelain
Earthen
Stone
Bone china
Vitrified glass
Melamine
Metals
By Distribution Channel
Wholesale distribution
Retail distribution
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Housewares (Tabletopware) Market Key Players:
1. Guy Degrenne SA
2. Lenox Group, Inc.
3. Libbey, Inc.
4. Lifetime Brands Inc.
5. Pfaltzgraff Co.
6. Mikasa & Company
7. Noritake Co., Ltd.
8. Oneida Ltd.
9. The Zrike Company, Inc.
10. The Denby Pottery Company Ltd.
11. Villeroy & Boch AG
12. WMF Württembergische Metallwarenfabrik AG
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Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
Homeware Market size was valued at USD 138.2 Billion in 2023 and the Market revenue is expected to grow at a CAGR of 5.3% from 2023 to 2030, reaching nearly USD 198.38 Billion in 2030.
Global Household Product Market size was valued at USD 319.30 Billion in 2023 and the revenue is expected to grow at 3.6 % from 2024 to 2030, reaching nearly USD 408.99 Billion in 2030.
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Source: EmailWire.Com 
Source: EmailWire.com
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