NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The tableware market in India is expected to grow by USD 299.71 mn from 2020 to 2025, progressing at a CAGR of 4.51%, according to Technavio. The report offers an up-to-date analysis as well as exact growth variance and Y-O-Y growth rate.
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The tableware market in India is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The tableware market in India report covers the following areas:
Tableware Market in India 2021-2025: Segmentation
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Tableware Market in India 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
The increasing number of households, growth of hospitality sector, and strong distribution network between manufacturers and retailers will offer immense growth opportunities. However, the threat from unorganized market players, limitations of ceramic tableware, and stringent regulations on lead content will challenge the growth of the market participants.
Tableware Market in India 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the tableware market in India, including Azcor Tableware India Pvt. Ltd., Borosil Ltd., Clay Craft India Pvt. Ltd., Fabindia Overseas Pvt. Ltd., Inter IKEA Holding BV, Meyer Corp., Pepperfry Pvt. Ltd., S K Manekia, Servewell Household Appliances, and White Hill Studio. Backed with competitive intelligence and benchmarking, our research report on the tableware market in India is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Tableware Market in India 2021-2025: Product Segmentation Analysis
Technavio's market research report provides an accurate prediction of the contribution of all the segments to the growth of the tableware market size in India. Our reports help organizations gauge segment-wise revenue growth and gain market insights. Based on product, this market has been categorized into four segments, namely metalware, ceramicware, glassware, and others. According to our research, the metalware segmented is expected to dominate the market during the forecast period. The share of this segment of the tableware market in India has been significant.
Tableware Market in India 2021-2025: Key Highlights
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Tableware Market In India Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.51% |
Market growth 2021-2025 |
USD 299.71 million |
Market structure |
Fragmented |
YoY growth (%) |
4.05 |
Regional analysis |
India |
Performing market contribution |
India at 100% |
Key consumer countries |
India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Azcor Tableware India Pvt. Ltd., Borosil Ltd., Clay Craft India Pvt. Ltd., Fabindia Overseas Pvt. Ltd., Inter IKEA Holding BV, Meyer Corp., Pepperfry Pvt. Ltd., S K Manekia, Servewell Household Appliances, and White Hill Studio |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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