GUANGZHOU, China, Nov. 8, 2024
/PRNewswire/ -- At the 136th Canton Fair's industry trends forum,
focused on the development trends of overseas markets for
kitchenware and tableware products, the "2024 Overseas Market
Trend Report on Kitchenware and Tableware Products" was
unveiled, offering an extensive analysis of the current and
projected trends within the global kitchenware and tableware
industry.
The report underscores China's
leading role in exporting steel, ceramic, and glass kitchenware and
tableware. With robust production capabilities and cost-effective
manufacturing, China holds a
significant competitive edge in these sectors. In 2023,
China's global export share for
steel, ceramic, and glass kitchenware and tableware reached 67%,
66%, and 49%, respectively.
Despite China's dominance, the
report highlights a diverse competitive landscape in the global
market. European countries such as Germany, France, and Italy continue to exert considerable influence
in high-end markets with their exceptional design and quality
standards.
On the import front, the United
States stands as the largest importer of kitchenware and
tableware worldwide. In 2023, the U.S. accounted for 26%, 17%, and
11% of global imports in steel, ceramic, and glass kitchenware and
tableware, respectively. Additionally, European countries including
Spain, Germany, France, the United
Kingdom, and Italy are
significant importers, reflecting a sustained demand for
high-quality products. Saudi
Arabia also shows notable market demand for ceramic and
glass kitchenware and tableware imports.
During the forum, Liang Junjiao, Creative Director of Yangjiang
Chuan Ye Art Design Co., Ltd., emphasized the importance of design
innovation and product viability, asserting that continuous product
innovation and R&D are crucial for companies to stand out in
the global market.
Ma Xiaoyan, General Manager of Guangdong Xiangshun
Kitchenware Co., Ltd., discussed transitioning from a foreign trade
factory to a brand-focused company. She highlighted the importance
of high-quality products, a long-term brand vision, and
understanding market trends for international expansion and
sustainable growth.
The Canton Fair, renowned not only as a platform for
international trade but also as a hub for information exchange and
idea generation, has been hosting industry forums since 2010. By
leveraging its extensive expertise across various sectors, the fair
continues to provide important market insights for companies within
the industry, helping them better understand market dynamics and
the competitive landscape.
The 137th Canton Fair will be held from April 15 to May 5, 2025 in Guangzhou. For more information, please visit
https://www.cantonfair.org.cn/en-US
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SOURCE Canton Fair