The French ceramic household and ornamental articles production value has experienced fluctuations over the past decade. From 2013 to 2014, there was a significant increase of 77.34%, but subsequent years saw a series of declines with some minor recoveries. In 2023, the production value stood at 232.1 million euros, marking a 3.09% decrease from the previous year. The average annual decline rate in the past five years was 1.25%, and this trend is projected to continue with a forecasted 5-year CAGR of -2.73%, resulting in a 12.94% overall decrease by 2028.
Looking ahead, industry stakeholders should monitor:
- Technological advancements and their adoption in ceramic production.
- Shifts in consumer preferences towards sustainable and eco-friendly products.
- Economic factors affecting disposable income and spending on ornamental goods.