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Summary and extracts
1 Market overview
1.1 Definition and presentation
The tableware market includes a wide variety of products, including :
- Kitchen utensils (knives, cutlery, utensils, plates, glasses, etc.),
- Table decoration and table linen,
- Small electrical appliances.
Tableware production in Spain has suffered from the end of quotas from China and the opening up of the market that followed in the 2000s. Hardly was competition with China sustainable in the long run, especially considering that tableware products are mainly low-cost products. Consequently, the end of quotas eventually led to numerous bankruptcies. However, this phenomenon came to an end in 2015 thanks to a gradual upturn in Spanish sales, both in the domestic and export markets. The ceramics sector has demonstrated its competitiveness, as Spain has ranked constantly in the top 2 among exporting countries, whether they were first or second depending on the year, neck and neck with Italy. The Valencia region in particular stands out for its dynamism. Spanish companies operate in all three market segments: premium, intermediate, and volume, with widely varying margins: the average EBITDA of the first group is over 27%.
List of charts presented in this market study
- Global market for tableware
- Volume de production de verre annuelle
- Chiffres d'affaires de l'industrie de fabrication de vaisselles en céramiques
- Taille de marché du commerce d'ustensiles domestiques faits en porcelaine et de verrerie (code 4644)
- Balance commerciale espagnole d'articles de la table
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Latest news
El Corte Inglés exceeds 1 billion euros in profit by 2022 - 18/04/2023
- Increase in operating profit between 2021-2022 and 2022-2023: 20%.
- Net profit excluding extraordinary events for the 2019-2020 financial year: 310 million euros.
- Approximate total net profit for fiscal year 2022-2023: 1 billion euros.
Baccarat under provisional administration - 20/09/2020
- Baccarat under provisional administration
- Established in the commune of Baccarat (Meurthe-et-Moselle) since 1764
- Bought out by Fortune Fountain Capital in 2018 A shareholder who seems to have lost interest in the Lorraine factory, which employs over 500 people
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the tableware market | Spain
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