Owing to benefits such as being perfect for use by children and in outdoor situations due to its property of being dishwasher safe along with easy maintenance, the global melamine tableware market is experiencing a surge in its demand lately. There has been a greater demand for melamine tableware in comparison to its other alternatives.
With the need for a well-developed safety solution to handle and prevent the spread of flames and fire, the demand for fire pits has been on a rise. They also assist in the recreation of an experience akin to that of a campfire. This has further propelled the demand for the melamine tableware market upwards. These factors have increased the dependence on this market.
Rapid applications across various industries like construction, paper, paint, crockery, and the like foster remarkable progress in the global melamine tableware market. There is a high demand for crockery that is easy to handle while being fancy especially, for the purpose of house parties. Similarly, in the construction industry, it is required to coat the floor, walls, and other materials used for the purpose of designing. The market consistently undergoes a series of developments to provide better services.
Melamine resins have a number of advantages that are associated with them. They are robust in nature and can be modified into a diverse variety of shapes. They can be molded into utensils or even used as a painting or laminating agent. They comprise polymers that are long-lasting thus, increasing their industrial usage; this further encourages the adoption of the melamine tableware market in the long run. Considering these factors, it is reasonable to say that the global melamine tableware market is growing at an appreciable compound annual growth rate (CAGR) of 8%. It is expected that the market might acquire a size of USD 1.65 billion during the forecast period, that is, 2021-31.
Melamine tableware is a kind of dinnerware made up of a plastic-resin substance. It is completely hygienic as well as unbreakable. Melamine is a German word that is created by the fusion of the words “melam” and “amine” and was used only a few decades ago.
The significant rise in the demand for products (crockery, coating material, etc.) that are useful in the long run has led to a considerable rise in the demand for these products. Melamine fibers that have a high amount of strength along with being resistant to heat are also being made available in the market. Melamine foam serves as the building material for the insulation of buildings, cleaning sponges, and soundproofing.
However, there are a number of problems that are linked to the global melamine tableware market. Melamine tableware is toxic in nature. This is one of the main reasons why numerous health organizations advise the general public to curtail or at least minimize their use. Many people who value their health avoid using these because of the hazardous substances used in their production, rather they prefer steel tableware. In spite of all these restraints, the market is expected to experience a considerable rate of growth during the forecast period, that is, 2021-31.
The key players in the global melamine tableware market are GET Enterprises, Huizhou Wuhe, Carlisle Foodservice Products, Dongguan Thousand, Elite Global Solutions, Mehar Tableware, American Metalcraft, Kokusai-Kako, Kip Melamine, Sanshin, and Assheuer+Pott among others. These players operate in the market and adopt a number of strategies to stay in the market and establish themselves at a higher position than their competitors.
Bowls and Plates Type to Remain the Most Lucrative Segment
Among all the types, melamine bowls and plates are expected to experience the highest share in the global melamine tableware market because both of them comprise dinner sets. There is a very high demand for melamine crockery because of its fancy appearance and is also easy to maintain in the long run due to being dish-wash friendly and unbreakable.
Residential Application to Remain Dominant During the Study Period
On the basis of application, the global melamine tableware market is segregated into commercial use and residential use. Among the two, residential use is more likely to have a higher share of the market. This is because of the rise in the usage of cooking utensils, plates, plastic products, crockery, etc. all of which as more used for residential purposes.
Asia-Pacific Region is Expected to Render Ample Investment Avenues
Among all the regions, the Asia-Pacific region is expected to have a step ahead. This is because of the rapid rate of industrialization and urbanization in this region along with the increase in the disposable income of the people. A large portion of melamine products is being used in China thus, making it the main driver of demand in this region. Europe has the second largest share in the global market for melamine tableware.
Covid-19 Impact and Market Status
The crisis of the novel coronavirus was received by different industries in varying manners. The production process got adversely affected and the flow of raw materials was disturbed. The demand and supply chain was impacted negatively. Due to various regulatory measures imposed by the government, the manufacturers had to bear several challenges. The worldwide pandemic had an adverse impact on the global melamine tableware market. As a consequence of restrictions imposed by the government on the movement of the people to curtail the spread of this virus, the people were forced to stay at their homes. Despite these setbacks, the market is all geared up to acquire a moderate rate of growth during the forecast period, that is, 2021-31 as the restrictions are gradually being relaxed.
Latest Innovations in the Global Melamine Tableware Market: a Snapshot
• In November 2022, Elite Global Solutions was brought by CFS Brands. It will be a stand-alone entity within the latter. The CEO of CFS called it a “perfect complementary addition”.
• The FEA’s Light Equipment Tableware Forum conducted in May 2022 at the Whittleburry Hall, Towcester had the theme of ‘positivity. In terms of big trends, melamine and polycarbonate were evident.
|Historic Data||2020- 2021|
|Study Period||2021 – 2031|
|Forecast Unit||Value (USD)|
|Revenue forecast in 2031||USD 1.65 billion|
|Growth Rate||CAGR of 8 % during 2021-2031|
|Segment Covered||Type, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||GET Enterprises, Huizhou Wuhe, Carlisle Foodservice Products, Dongguan Thousand, Elite Global Solutions, Mehar Tableware, American Metalcraft, Kokusai-Kako, Kip Melamine, Sanshin, and Assheuer+Pott among others|
Key Segments of the Melamine Tableware Market
By Type Overview, 2021-2031 (USD Billion)
- Melamine Bowls
- Melamine Trays
- Melamine Cups
- Melamine Plates
By Application Overview, 2021-2031 (USD Billion)
By End User Overview, 2021-2031 (USD Billion)
By Regional Overview, 2021-2031 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific