Opal glass is opalescent or white – a characteristic achieved by the addition of fluorides. Opalware products are gaining acceptance among consumers in recent times, owing to their massively transitioning lifestyles. Demand for opalware dinnerware and crockery is expected to witness a dramatic surge during the forecast period.
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The market for opalware products is majorly driven by the booming hotel industry. Opalware dinnerware and crockery are extensively required in premium hotels. In recent times, hotels falling in the 3 and 4 star category have also been adopting opalware products owing to their aesthetic quality and appealing form. These products are also widely used in premium restaurants. Household applications of opalware products are abundant in developed regions such as North America and Europe. However, demand for them is likely to steadily expand to developing regions such as Asia Pacific during the forecast period. This rising need for these products is primarily fuelled by the changing lifestyles of consumers, which is also backed by their increased purchasing power.
However, the high prices of these products are currently restraining consumers belonging to the middle to low income groups from buying them. These consumers look for cheaper alternatives and make do with them, which is one of the key challenges faced by the market. Furthermore, the durability of their material is another factor impeding their growth. Opalware products are extremely durable, which leads to loss in terms of repeat purchases, which becomes another hindrance for the market. Besides, availability of cheaper alternatives in the market plays a significant role as well. Nonetheless, increased penetration by major companies is anticipated to create suitable opportunities for the opalware dinnerware and crockery market in the future.
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The market has been classified on the basis of product types into the following categories: cups & saucers, coffee & tea sets, plates, and dinner sets – the latter are highly popular among all these types. Based on distribution channel, the market is divided into the following varieties: supermarkets & hypermarkets, departmental stores, convenience stores, and online stores, of which the former is the dominant segment.
North America and Europe are major markets for opalware dinnerware and crockery products, owing to the vast number of international hotels and premium restaurants existing in these regions and the substantial purchasing power of consumers. Demand for opalware products is low in Asia Pacific owing to limited market penetration and weak purchasing power of the consumers in this region. However, this scenario is poised to change. The market in the Middle East is also feeble, although demand for these products is moderately high in countries such as the U.A.E and Qatar. Unfortunately, the overall poor economic conditions in other countries such as Iraq is limiting the expansion of this market.
World Kitchen LLC is a dominant player in the field of the opalware dinnerware and crockery with several brands operating under this label. LaOpala R.G. Ltd. is another major player. Other prominent vendors include Murrina France, Arc International, Pasabasche, Bormoili Rocco, and Libbey Inc. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa) The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain. A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period. Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market
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