Expanding Middle Class Population Drives the Housewares (Tabletopware) Market, According to an Upcoming Report by Global Industry Analysts, Inc.

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GIA initiates research coverage on the global “Housewares (Tabletopware)” market, as part of its ongoing multiple research projects on diverse industries. The soon to be released report identifies expanding base of affluent middle class population, product innovation, urbanization and casualization of lifestyle habits, as primary growth drivers in the global market.

Housewares (Tabletopware): A Global Multi-Client Research Initiative

Follow us on LinkedIn – GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for “Housewares (Tabletopware)”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program, please click here.

Global housewares market is driven by the growing base of affluent middle class population in developing regions such as Asia-Pacific, Latin America and the Middle East. Especially poised to grow in demand are premium upscale products against a backdrop of the growing trend of investing in tabletopwares as fashionable collectibles. The widespread trend of giving exquisitely crafted tableware as gifts is also helping drive demand for premium quality products. Consumer preferences are rapidly shifting from conventional ornamental and antique designs to contemporary styled tabletopware. Casualization of lifestyles is a key factor influencing preferences for contemporary product design, colour, styles, and patterns. Pastel and citrus colours are currently in vogue in the dinnerware market, while platinum and gold decorated models are popular in the premium stemware and plateware market. Intense competition in the market necessitates manufacturers to innovate both in terms of performance as well as aesthetics to achieve exclusivity, and uniqueness in product design and features. Focus is also being shed on material development with manufacturers exploring a combination of materials such as ceramic and pewter to sculpt innovative and elegant products. Focus on connecting with family and friends and the ensuing trend towards home dining is spurring demand for cookware-cum-serveware as consumers prefer both convenience and a boutique dining experience. Asia-Pacific is forecast to witness robust growth led by growing population, rise in the number of dual income nuclear households, changing needs of the younger generation, casualization of lifestyle habits, increasing disposable incomes, and rapid urbanization.

The upcoming report will offer coverage on major companies including Guy Degrenne SA, Lenox Corporation, Mikasa & Company, Noritake Co Ltd., Oneida Ltd., Pfaltzgraff Co, The Zrike Company Inc., Villeroy & Boch AG, and WWRD Holdings Ltd., among others.

In addition, the study will also provide:

  • Valuable market based intelligence on new emerging trends, growth drivers, issues and challenges.
  • Current coverage on company information and latest news and events including strategic corporate developments, and product innovations
  • Fresh research perspectives, statistical findings, analyst analysis, and commentaries
  • Accurate market estimates, projections, and forecasts across product segments (Dinnerware, Flatware, Glassware, and Crystalware) and major geographic markets (the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America).

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/


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