The ceramic household and ornamental articles market in France showed significant fluctuations over the past decade. Starting from 347.7 million euros in 2013, it peaked at 557.1 million euros in 2014, only to dramatically fall by over 51% the following year. From 2016 onward, the turnover displayed relatively stable but declining values, with slight positive variations in 2018 and 2019. The industry faced a downturn in 2020, likely impacted by external factors, followed by mild recovery in 2021. The turnover in 2023 stood at 250.4 million euros, marking a subtle decrease from 2022. Over the last two years, the sector experienced marginal contraction, and the CAGR over the last 5 years (2019-2023) signaled a gradual annual downturn of around 0.6%. Future forecasts indicate a continued downward trend, with the industry expected to contract by around 14% by 2028 and an anticipated negative CAGR of 2.97% over the same period.
Future trends to watch for:
• The impact of increased environmental regulations on ceramic production costs.
• Emerging market demands for eco-friendly and sustainably sourced products.
• Advances in technology and materials for innovative ceramic products.
• Influence of economic recovery post-pandemic on consumer spending patterns in home decor.
